Fairmont Hotels & Resorts Inc. Declares Dividend
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Fairmont Hotels & Resorts Inc. Declares Dividend
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Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2005-12-05
The Board of Directors of Fairmont Hotels & Resorts Inc. ("FHR")(TSX/NYSE: FHR) has declared a semi- annual dividend of six cents U.S.$0.06 per share on the outstanding common shares, payable on January 27, 2006, to holders of record at the close of business on December 23, 2005.
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.
SOURCE Fairmont Hotels & Resorts Inc.
Emma Thompson, Executive Director Investor Relations, Tel: (416) 874-2485, Email:
investor@fairmont.com, Website: www.fairmont.com
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