TORONTO --
Fairmont Hotels & Resorts assumed management of The Savoy
Hotel, London's famed luxury hotel.
The hotel, which
will be renamed The Savoy, A Fairmont Hotel, was acquired as part
of a joint venture with the Bank of Scotland and Kingdom Hotels
International.
Built in 1889, the
263-room Savoy Hotel features views of the Thames and is located
near Covent Garden, West End theaters, Trafalgar Square and the
citys financial district.
The Savoy also is
Fairmont's second hotel acquisition in Europe. Last December,
Fairmont, Kingdom Hotels and the Bank of Scotland, acquired the
Monte Carlo Grand and intend to acquire other luxury hotels in
Europe as well.
To contact
the reporter who wrote this article, send e-mail to Michael
Milligan at [email protected].