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Fairmont Orchid hotel in Hawaii sold for $250 million

Fairmont Orchid hotel in Hawaii sold for $250 million

Category: Asia Pacific
This is a press release selected by our editorial committee and published online for free on 2005-12-27

Fairmont Hotels & Resorts Inc has sold its for $250 million. However the group will continue to manage the resort, which will keep its name, under a long-term management contract. Fairmont bought the Fairmont Orchid hotel in 2002 for $140 million.


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