Fairmont Hotels & Resorts has officially joined AccorHotels Group, one of the world’s largest global hotel companies.
The milestone offers a growth opportunity for Fairmont, and instantly positions AccorHotels as a global hospitality leader and a key player in the luxury hotel market.
AccorHotels operates in more than 95 countries, and together with Fairmont and its sister brands Raffles and Swissôtel, will grow to more than 4,000 recognized luxury, midscale and economy hotels and resorts, including Sofitel, Pullman, MGallery, and Novotel.
Toronto-based Fairmont Hotels & Resorts runs a number of operations in Canada, including properties in Banff, Quebec City and Vancouver.
The acquisition, valued at approximately $2.9 billion US, was announced last December.