Fairmont to manage St Andrews golf resort in Scotland

08 June 2006
Fairmont to manage St Andrews golf resort in Scotland

Canadian-based hotel group Fairmont Hotels & Resorts announced it is to manage the iconic St Andrews Bay Golf Resort & Spa in Scotland.

Financial investors Apollo European Real Estate Fund have bought the hotel for an undisclosed amount from owners Château Élan Hotels & Resorts.

As part of an agreement, Fairmont is believed to have acquired a 20% stake in the resort and will takeover managing the 209-bedroom resort at the start of July under a long-term management contract. The property will be rebranded as a Fairmont hotel in the autumn.

The hotel will undergo a £10m refurbishment program with renovations including the guestrooms, public areas, meeting rooms as well as technology upgrades.

William Fatt, Fairmont's chief executive officer, said: "St Andrews is the acclaimed ‘home of golf' and we are pleased, to not only expand our presence in Europe, but also to increase our truly distinctive golf offerings through the addition of this resort."

Henk Evers, president and chief executive of Château Élan will continue to oversee the planning application for the resort's second-stage development which involves an investment of £20m in new accommodation.

St Andrews Bay Stephen Carter wins Catey Manager of the year >>

Savoy refurb to cost up to £90m >>

Fairmont and Rafftles to unite in £2b deal >>

By Emily Manson

Get your copy of Caterer and Hotelkeeper every week -

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking