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Fairmont Hotels & Resorts Inc. Announces Appointment Of Director
TORONTO, July 28 /PRNewswire-FirstCall/ -- Fairmont Hotels & Resorts Inc.
("FHR")(TSX/NYSE: FHR) is pleased to announce the appointment of Ms. Christine
Cross to FHR's Board of Directors.
Ms. Cross is President of Christine Cross Ltd., an advisory firm based in the
United Kingdom that provides consulting services to businesses in the retailing
and manufacturing sectors. Prior to assuming her current role in June 2003, Ms.
Cross held a number of positions of increasing responsibility at Tesco plc, a
leading international retailer. At Tesco, she was involved in the development
of its private label brand, the establishment of its non-food business and
global business development. Ms. Cross brings a wealth of business development
and European business experience to FHR's Board of Directors. Ms. Cross is also
a Director of Sobeys Inc., George Wimpey plc and Next plc. Ms. Cross is
replacing Mr. Terence P. Badour, who has resigned from FHR's Board of
Directors.
About Fairmont Hotels & Resorts Inc.
FHR is a leading owner/operator of luxury hotels and resorts. FHR's managed
portfolio consists of 88 luxury and first-class properties with approximately
33,000 guestrooms in the United States, Canada, Mexico, Bermuda, Barbados,
United Kingdom, Monaco, Kenya and the United Arab Emirates as well as two
vacation ownership properties managed by Fairmont Heritage Place. FHR owns
Fairmont Hotels Inc., North America's largest luxury hotel management company,
as measured by rooms under management, with 50 distinctive city center and
resort hotels including The Fairmont San Francisco, The Fairmont Banff Springs
and The Fairmont Scottsdale Princess. FHR also owns Delta Hotels, Canada's
largest first-class hotel management company, which manages and franchises 38
city center and resort properties in Canada. In addition to hotel management,
FHR holds real estate interests in 27 properties and an approximate 24%
investment interest in Legacy Hotels Real Estate Investment Trust, which owns
24 properties. FHR owns FHP Management Company LLC, a private residence club
management company that operates Fairmont Heritage Place, a vacation ownership
business.
DATASOURCE: Fairmont Hotels & Resorts Inc.
CONTACT: Denise Achonu, Executive Director, Investor Relations, Tel:
(416) 874-2485, Email: , Website: http://www.fairmont.com/