The division operated a series of hotels along CPR's rail lines as early as 1886. Opened a year earlier, it was one of the first hotels operated by Canadian Pacific Hotels.Ĭanadian Pacific Hotels (CP Hotels) began as a division of the Canadian Pacific Railway (CPR) Hotels department. Main article: Canadian Pacific Hotels Mount Stephen House in 1887. History Predecessors (1886–1999) Canadian Pacific Hotels FRHI in turn became a subsidiary of AccorHotels in 2016. In 2006, Fairmont was acquired by Colony Capital, who subsequently entered into a joint partnership with the Kingdom Holding Company consolidating Fairmont with their other hotel brands, Raffles and Swissôtel to form Fairmont Raffles Hotels International (FRHI). Shortly after the hotel division was renamed, Canadian Pacific Limited was split into several smaller companies in a starburst move, with Fairmont becoming a separately-traded company. In 1999, Canadian Pacific Hotels acquired a majority interest in Fairmont Hotels with Canadian Pacific Hotels later renaming its entire hotel portfolio under the Fairmont Hotels & Resorts banner in 2001. The company originated from two hotel businesses established in the late 19th century, the Canadian Pacific Limited-owned Canadian Pacific Hotels & Resorts, and Fairmont Hotels. Fairmont Hotels & Resorts is a global chain of luxury hotels that operates more than 70 properties worldwide, with a strong presence in Canada.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |