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In Funds Fever

A "royal" trust finally allows Fairmont to expand in Europe
In Funds Fever
10.3.2005

Toronto. North America's largest luxury hotel group has tried in vain for years to get a foothold in Europe. Fairmont Hotels & Resorts has now bought the Monte Carlo Grand Hotel and will take over the management as well. What made it possible is a new financially well-heeled fund for Europe. A new investment trend paves the way.

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