“Major” Redevelopment, Expansion for Bermuda’s Fairmont Southampton
An affiliate of real estate giant Gencom has closed on a $550 million recapitalization of the 593-key Fairmont Southampton resort in Bermuda. Gencom’s plan is a “major” redevelopment and expansion of the Bermuda resort. The move follows Gencom’s refinancing earlier […]
Fairmont to Manage El San Juan Resort in Puerto Rico
The historic El San Juan hotel, long one of the leading resorts in Puerto Rico, is now officially a Fairmont. The Accor brand has officially taken over management of the beach resort, which recently completed a $65 million transformation project […]
Bermuda’s Fairmont Southampton Has Been Sold
The biggest hotel in Bermuda has been sold. The iconic Fairmont Southampton has been sold to a partnership led by Miami-based investment firm Gencom, the company announced. The seller was Europe’s AccorInvest. The hotel will be remaining under the brand […]
More Details on Fairmont Saint Lucia Project
By the Caribbean Journal staff The Fairmont brand is expanding in the Caribbean, with its second regional property coming to the island of Saint Lucia. The project, which will be set in Sunset Bay, Choiseul on the southwestern corner of […]