Fairmont Hotels & Resorts has completed a transaction with Crescent Real Estate Equities Limited Partnership to acquire the Fairmont Sonoma Mission Inn & Spa. The global luxury hotel company has been managing the historic 228-room California wine country resort since 2002.
“We believe the timing is right to support strategic acquisition opportunities and fund future growth of our brand,” said Jennifer Fox, President, Fairmont Hotels & Resorts.
“Our development team, through regional offices in Toronto, London, Zurich, Dubai, Singapore and Shanghai, has been actively seeking strategic expansion opportunities in a number of key locations throughout the United States as well as in Europe, the Middle East and Asia,” continued Fox. “The markets are increasingly presenting very attractive opportunities and we want to ensure we are poised to take advantage and grow our luxury portfolio.”
The global hotel brand marked its start in 1907 with the opening of the Fairmont San Francisco and over the last century has added a number of iconic hotels to its collection.
Fox stated, “We believe that acquiring, repositioning, and then securing long term management agreements when they are sold will allow us to more robustly grow our global portfolio of exceptional resorts and gateway city properties. With our strong presence in the California market, the historic home of the Fairmont brand, the purchase of the Fairmont Sonoma Mission Inn is an ideal demonstration of our strategy moving forward.”
Renowned for natural mineral waters, unparalleled charm and gracious service, the Fairmont Sonoma Mission Inn & Spa is located 40 miles north of the San Francisco Golden Gate Bridge, in Sonoma Valley, the heart of Northern California’s wine country. The resort recently announced 30 newly renovated signature Mission Suites along with a new Winemaker Suite. The new suites respect the Inn’s mission style architecture and use rustic woods and wrought iron to capture the essence and beauty of Wine Country. Suites are highlighted by local artwork, entertainment and work desks with built-in smart media panels, and newspa-like bathrooms. A recipient of the AAA-Four Diamond, Mobil-Four Star Awards, and the lauded Michelin star (for Santé Dining Room) the resort consistently provides the country’s finest European spa experience.