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| | Fairmont teams with IFA Hotels on a huge new South African golf resort |
 | | Fairmont Hotels and Resorts Inc. (TSX/NYSE: FHR) has entered into a long-term management agreement with its strategic partner, IFA Hotels and Resorts, in the Fairmont Zimbali, a new golf resort scheduled to open in 2008, company officials have announced. |
 | | An owner/operator of luxury hotels and resorts, FHR manages a portfolio of 88 properties with approximately 33,000 guestrooms in the United States, Canada, Mexico, Bermuda, Barbados, United Kingdom, Monaco, Kenya and the United Arab Emirates as well as two vacation ownership properties managed by Fairmont Heritage Place. |
 | | IFA Hotels and Resorts is a wholly owned subsidiary of Kuwait's International Financial Advisors, and is known for its development of integrated and mixed-use hotel and tourism resort projects throughout Europe, the Middle East, the Indian Ocean and Africa. |
| www.pga.com /news/travel/international/fairmont121205.cfm (382 words) |
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