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New ownership at Fairmont St Andrews

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Fairmont St Andrews / hospitality live / hotel news

Fairmont St Andrews have announced that their holding company have been taken over by a company led by Great Century.

The partners of Great Century have put together a plan focusing on investments within the golf and hospitality sectors.

Fairmont, an Accor brand, will continue to run the hotel under their original long-term agreement.

Dr. CYM Chan, the co-chairman of Great Century, said:

“As a member of The Royal & Ancient Golf Club and a passionate golfer with over 30 years’ experience in the golf & hospitality industries, it is a privilege and an honour to participate closely in the future enhancement of this great property at St Andrews, Scotland, the Home of Golf.”

Co-chairman of Great Century, Dr. Peter Lam, said:

“I am extremely confident about the future potential that the Fairmont St Andrews holds. I am proud to be a partner in this long-term investment.”

The wonderful Fairmont St Andrews resort demonstrates pure beauty and incredible surroundings. The 211-bedroom hotel offers incredible views and two championship golf courses. In addition, there is a luxurious spa, five restaurants and bars as well as conference and event space.

Marc Dardenne, from Accor Europe, said:

“Fairmont St Andrews is one of the most prestigious addresses in Accor’s portfolio and we are delighted that it has become Great Century’s first investment.  We look forward to working with the team at Great Century to build on the property’s proud heritage and its unique place in the hearts of golfers from around the world.”

Finally, Mr. John Keating, the General Manager of Fairmont St. Andrews, commented:

“This partnership marks a special day for Fairmont St Andrews, bringing together the strengths, passions and vision of Great Century, Fairmont and Accor to create greater opportunities for the hotel in the domestic and international markets.”

2020 is set to be a great year for the Fairmont St Andrews as it will host the Final Qualifier for The 2020 Open Championship at Royal St. George’s Golf Club.

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