Fairmont Monte Carlo
| Fairmont Monte Carlo | |
|---|---|
 | |
  Location within Monaco | |
| General information | |
| Location | 12, Avenue des Spélugues 98000 Monte Carlo |
| Coordinates | 43°44′25″N 7°25′45″E / 43.7403908°N 7.4291987°E |
| Opening | August 20, 1975 |
| Management | Fairmont Hotels and Resorts |
| Technical details | |
| Floor count | 7 |
| Design and construction | |
| Architect(s) | Jean Ginsberg, Jean and José Notari, and Herbert Weisskamp |
| Developer | Caroli Group |
| Other information | |
| Number of rooms | 602 |
| Number of suites | 30 |
| Number of restaurants | 3 |
| Website | |
| www.fairmont.com | |
The Fairmont Monte Carlo is a luxury resort located in Monte Carlo managed by the Canadian-based hotel chain Fairmont Hotels and Resorts.
History
Construction of the hotel was completed in the early 1970s. The hotel was built on the spot of the first Monegasque railway station, by the real estate development company Caroli Group.[1] As it stands today,[when?] there is still a section of the original station wall hidden in one of the hotel's offices.[2] Instead of building the hotel up the rocks, the property is partially built into the Mediterranean coast. The hotel started under the name of Loews Hotel Monte-Carlo and opened in August 1975. In 1998, Toufic Aboukhater bought the hotel from Loews Hotels Holding Corporation for an undisclosed price and renamed it the Monte Carlo Grand Hotel.[3]
In 2004 the hotel was acquired by hotel chain Fairmont Hotels and Resorts for 215 million euro.[4] It was the first purchase by a joint venture of Fairmont, Kingdom Hotels International and Bank of Scotland Corporate.[5] After acquiring the hotel, the complex was renamed Fairmont Monte Carlo. A renovation project began in 2005 and in 2009 the hotel began its second round of renovations.
During the annual Formula 1 racing event on Circuit de Monaco, the racers make use of the tunnel under the hotel[6] which is considered[by whom?] one of the most dangerous parts of the circuit. One of the corners is still[when?] named after the previous hotel name, the Grand Hotel.
See also
References
- ^ Groupe Caroli: Presentation
- ^ "Hôtel Fairmont Monte Carlo - History". Retrieved 9 October 2014.
- ^ "Hotel Online Special Report - Loews Monte Carlo Hotel Sold". Retrieved 9 October 2014.
- ^ "Unwritten law - The message: Agreements between friends should be recorded in writing to ensure they are enforceable". Retrieved 9 October 2014.
- ^ "SEC.gov: Fairmont, Kingdom and Bank of Scotland Launch European-Focused Joint Venture". Retrieved 9 October 2014.
- ^ "The most famous part of Monaco, that gave name to the famous Monte Carlo rally". Retrieved 9 October 2014.
External links
Media related to Hotel Fairmont Monte Carlo, Monaco at Wikimedia Commons- Official website
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