Fairmont Hotels & Resorts Inc. Declares Dividend
December 02 2005 - 2:21PM
PR Newswire (US)
TORONTO, Dec. 2 /PRNewswire-FirstCall/ -- 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. DATASOURCE: Fairmont
Hotels & Resorts Inc. CONTACT: Emma Thompson, Executive
Director Investor Relations, Tel: (416) 874-2485, Email: , Website:
http://www.fairmont.com/
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