You heard that right, folks. The lovely Fairmont is to be acquired by Kingdom Hotels and Colony Capital. The combo with Singapore-based Raffles creates a new luxury hotel brand with 120 hotels in 24 countries. The dry deets are spelled out in the press release:
Fairmont Hotels & Resorts Inc. ("Fairmont" or the "Company") (TSX/NYSE: FHR) today announced that it has entered into an Acquisition Agreement whereby a Canadian company owned by Kingdom Hotels International ("Kingdom") and Colony Capital ("Colony") will acquire all of Fairmont's outstanding common shares at a price of US$45.00 per share in cash. The total value of this transaction, including debt and the combination with Raffles, is expected to be approximately US$5.5 billion (or US$3.9 billion, without giving effect to the Raffles combination).
On the next 20 hour flight to Asia, how about learning a little Cantonese, Japanese or Korean? Singapore Airlines now provides passengers with the opportunity to learn 22 languages provided by Berlitz Word Traveler on the inflight entertainment system. Via IHT
January 27, 2006
By: Editorial AdvisoryBoard
From Hans Bruland, General Manager, The Hay-Adams Hotel A note from our friend at this historical hotel in Washington, DC:
Our four-month restoration in 2002 involved an expenditure totaling over $20 million, adding guestroom comforts, luxuries and advances in technology for a superb new presentation. Modern amenities such as high speed Internet access and component audio systems now complement the hotel's traditional luxury.And in case you missed the Commander-in-Chief with Geena Davis last fall:
As we continue in our quest to update the Hotel whilst maintaining the timeless elegance, the Hay-Adams has recently undergone a $1 million upgrade including a modern luxurious business center that meets the needs of the global traveler.
The Hay-Adams was mentioned twice in the second episode "First Choice" of the ABC drama about a female President in the Office.It pays to be the only hotel which overlooks The White House. The Hay-Adams, Official Site The Hay-Adams, Five Star Alliance
Courtesy of Forbes.com (and we are proud to say our very own Manager of Client Services-- Sarah Anderegg-- helped compile the domestic travel spending data), an interesting article on travel spends and hot spots for the new year:
With the new year comes the inevitable tide of resolutions, remorse (for overdoing it during the holidays), anticipation for the 12 months ahead and, for many people, a bad case of the winter blahs.Time to hit the road, to such sought-after locales as the Mandarin Oriental Dhara Dhevi, Chiang Mai, Thailand or The Palms in Turks and Caicos, or the brand new Ritz-Carlton Grand Cayman.
Imagine our delight at hearing the recent industry buzz. After all, the Hotel de Crillon is easily our favorite hotel in Paris, and maybe in the whole of Europe. The perfect location, awash in elegance and history, with dynamite service (these guys know how to take care of you) and pretty swell dining. I'd be happy camping out here for a few days, instead of that Canal St Martin apartment. And this marvelous Palace hotel is to be the flagship of the new Crillon brand, launched by Barry Sternlicht, the former chief executive of Starwood Hotels and Resorts Worldwide. Their mission is to bring Crillon style European elegance to hotels around the world. God bless.
Hotel de Crillon, Official Site
Hotel de Crillon, Five Star Alliance
Speaking of the devil... The Times UK reports that many British homeowners regret their decision to invest in Dubai. That terrible third-rate workmanship of "luxury" properties and poor management belie the slick, glossy brochures advertising the glittering sea, sand and skyscrapers of developments in Dubai. (Thanks Alex!)
The lush, unspoiled landscape of St. Lucia-- 238 square miles of empty beaches and tropical paradise-- is the setting for the new luxury condominium resort development called (naturally) Le Paradis with its ultra-hyped Greg Norman designed golf course. The center of it all will be the Westin St. Lucia, set to open in March of next year with 232 guestrooms. Bring it on.
January 23, 2006
By: Mary Winston Nicklin
The Alps are melting. According to an important feature in the February issue of National Geographic (RUN, don't walk, to the newsstand for this one), scientists are estimating that "the Alps have lost half their glacier ice in the past century, 20 percent of that since the 1980s; glaciers in Switzerland have lost a fifth of their surface area in the past 15 years." The glaciers are receding—driving some resort owners to drastic measures like buying white blankets to cover 15 acres of glacier during the summer—and the snow has stopped falling. Which isn’t helped by the 12 million trucks and 50 million cars that cross the Alps each year, their fumes trapped in a nasty greenhouse of emissions within the valleys. This is more than bad news for the region that worldwide symbolizes a wondrous winter playground for international jetsetters and local farmers alike. There are 600 ski resorts nestled in this dramatic mountain range that stretches across eight nations, half of which are predicted to close in the coming decades. For those passionate about Alpine adventures, this means adopting a philosophy of environmental sustainability while packing your bags ASAP for St. Moritz. Badrutts Palace Hotel, of course, here in the birthplace of the Alps winter tourism.
Can they send the funds to Paris Charles de Gaulle instead? The airport is the pits. I'm sure when it was constructed in the 70's, it was considered the epitome of cool. A space age vision of the future. Escalators and moving walkways ascending and descending hills through the maze of flashing white lights, crisscrossing the vast circular interior through plastic tubular structures. (The French tell me it resembles-- um-- camembert cheese.) Good luck trying to find the shuttle to the TGV. (It would require a map and pages of carefully detailed instructions.)
27 holes of championship golf in the sultry desert heat at The Phoenician. Nine gorgeous pools overlooking Camelback mountain and the red rock desert landscape. A phenomenal spa. And the city's dazzling culinary display and rockin nightlife. Now couldn't be a better time to visit Scottsdale. If those aren't reasons enough: the legendary destination resort recently completed a $20 million makeover. Guestrooms and casitas are all newly furnished (bed linens, wall hangings, artwork all in earthy desert tones), with divine new beds, and loads of new technology and upgraded bathroom fixures (lighting, floor-to-ceiling Italian marble, oversized tubs.) Of course the lobby, lounges, restaurants and public areas weren't overlooked, and the Spa and Fitness Facility was injected with a healthy $250,000 of new stairmasters, ellipticals, Life Fitness strength training machines and 15" individual televisions in all cardio equipment. The best part of the makeover? The Oasis swimming pool complex with new poolside cabanas, all new surfacing and decking, teak outdoor furniture, and underwater sound.
Via Travel and Leisure February issue
The Phoenician, Official Site
The Phoenician, Five Star Alliance