Fairmont Hotels win management contract
Created: Sep 04, 2002 11:00 AM
Hamilton and Southampton Princess owner Fairmont Hotels & Resorts Inc. has agreed a management contract for the luxury Sonoma Mission Inn & Spa in Sonoma County, California.
In addition to securing the long- term management contract, FHR purchased a 19.9 percent equity interest in the resort for an aggregate investment of $19 million.
Long known as a historic spa destination in the heart of the California Wine Country, the 75 year-old, 228-room Sonoma Mission Inn & Spa is the recipient of the AAA Four-Diamond Award and Mobile Four-Star Award.