Fairmont Monte Carlo

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Fairmont Monte Carlo
MONACO LE FAIRMONT HOTEL 5 - panoramio (1).jpg
Fairmont Monte Carlo
Interactive map of the Fairmont Monte Carlo area
General information
Type Resort hotel
Location Monte Carlo, Monaco, 12 Avenue des Spélugues
OpenedAugust 20, 1975;50 years ago (1975-08-20)
Management Fairmont Hotels and Resorts
Technical details
Floor count7
Design and construction
ArchitectsJean Ginsberg, Jean and José Notari, and Herbert Weisskamp
Developer Caroli Group
Other information
Number of rooms602
Number of suites30
Number of restaurants3
Website
fairmont.com/monte-carlo

The Fairmont Monte Carlo is a resort hotel located in the Monte Carlo area of Monaco. It is managed by Fairmont Hotels and Resorts, a subsidiary of the Accor hospitality company. The hotel is situated beside the hairpin turn of the Circuit de Monaco.

Contents

History

Construction of the hotel was completed in the early 1970s. The hotel was built on the site of the first Monégasque railway station by the Caroli Group, a real estate development company. [1] 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 structure is partially built into the Mediterranean coast.

The hotel opened in August 1975 – managed by Loews Hotels – as the Loews Monte-Carlo. In 1998, Toufic Aboukhater bought the hotel from Loews Hotels Holding Corporation for an undisclosed amount and renamed it the Monte Carlo Grand Hotel. [3]

In 2004, the hotel was acquired by Fairmont Hotels and Resorts [4] for 215 million euros [5] and renamed as the Fairmont Monte Carlo. It was the first purchase by a joint venture between Fairmont, Kingdom Hotels International and Bank of Scotland Corporate. [6] The hotel was renovated in 2005 and again in 2009.

During the annual Monaco Grand Prix at the Circuit de Monaco, the drivers make use of the tunnel under the hotel. [7] The front entrance of the hotel overlooks a hairpin bend, called the Fairmont hairpin, which is the slowest corner on the Formula One racing calendar. [8]

See also

References

  1. ↑ "Groupe Caroli: Presentation". Archived from the original on 2015-09-06. Retrieved 2015-05-23.
  2. ↑ "Hôtel Fairmont Monte Carlo - History". Archived from the original on 14 October 2014. Retrieved 9 October 2014.
  3. ↑ "Hotel Online Special Report - Loews Monte Carlo Hotel Sold" . Retrieved 9 October 2014.
  4. ↑ "Fairmont Joint Venture Acquiring the Monte Carlo Grand Hotel in Monaco; the 619-room Property Will be Flagged the Fairmont Monte Carlo, Receive $50 million Renovation / December 2004". Archived from the original on 2020-11-18. Retrieved 2020-11-13.
  5. ↑ "Unwritten law - The message: Agreements between friends should be recorded in writing to ensure they are enforceable" . Retrieved 9 October 2014.
  6. ↑ "SEC.gov: Fairmont, Kingdom and Bank of Scotland Launch European-Focused Joint Venture" . Retrieved 9 October 2014.
  7. ↑ "The most famous part of Monaco, that gave name to the famous Monte Carlo rally" . Retrieved 9 October 2014.
  8. ↑ "The best Monaco hotels for the Grand Prix". The Telegraph. 21 April 2017.

43°44′24″N7°25′48″E / 43.74008°N 7.42999°E / 43.74008; 7.42999

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