Fairmont Hotels & Resorts (Accor) Opened New Hotel in Austin, Texas March 5, 2018.

Date: March 2018

Location: Downtown Austin, direct access to the Austin Convention Centre, Texas, USA

Name: Fairmont Austin


No. of Keys: 1,048 plus 140,000 sq. ft. of event space, five restaurants and bars, largest outdoor pool in the city and Spa. 37 Stories.

Developer: Manchester Texas Financial Group, headed up by Doug Manchester; designed by Gensler Austin. The hotel was slated to open in 2017.

Manchester Financial Group acquires, develops, and manages high profile properties throughout the United States.

Selectively investing in hospitality, technology, communications, and health service corporations, Manchester Financial Group diversifies its holdings, while perpetuating its profitability and investing in the local community, including hotels such as the Manchester Grand Hyatt San Diego, the San Diego Marriott Marquis & Marina and the Fairmont Grand Del Mar.

Fairmont Austin debuts as the largest Fairmont property in the United States, as well as the second largest Fairmont hotel globally, in both number of rooms and total meeting and event space.

“A strategic opening for AccorHotels, Fairmont Austin is the first in a series of high-profile luxury developments” said Kevin Frid, Chief Operating Officer, North & Central America, AccorHotels.

Debuting as the second tallest building in the city, the hotel adds a new dimension to the downtown skyline, with a “lighted crown” programmed with an array of colour options and a 170-foot tall architectural spire that is illuminated in the evenings, making the building visible from throughout Central Texas.

Fairmont Gold, the brand’s exclusive lifestyle hotel experience, features 131 rooms and suites located on the 32nd through 35th floors, and offers private check-in and checkout; complimentary deluxe breakfast and evening hors d’oeuvres in the Gold lounge; and dedicated concierge team.

Tom Voss is Managing Director for the new hotel.

“Other notable openings anticipated in the next 18 to 24 months include the iconic Fairmont Century Plaza in Los Angeles, Sofitel Mexico Reforma in Mexico City, Fairmont Costa Canuva in Mexico’s Riviera Nayarit, Fairmont Saint Lucia at Sunset Bay in the Caribbean, and several soon-to-be-announced projects with the potential to introduce new brands into the region.”

With more than 75 hotels worldwide, Fairmont continues to expand globally with recent openings including Fairmont Quasar Istanbul, Fairmont Amman in Jordan and Fairmont Fujairah in the Middle East. New luxury hotels currently in development include Fairmont Riyadh in Saudi Arabia, Fairmont Abu Dhabi Marina Resort, Fairmont Citystars Sharm El Sheikh, Fairmont Wuhan in China and Fairmont Maldives Sirru Fen Fushi.

Price: US$370m

Price per Key: US$353,053

THPT Comment: So being part of Accor, certainly has not held the brand back in terms of new openings and development.

First Seen: No Vacancy News