FAIRMONT MONTE CARLO

  • The property was situated on a unique site, being hemmed in on both sides by two parts of the Formula 1 circuit.
  • The hotel is the largest in the Principality.
  • Over a period of years prior to purchase, the hotel operation had proved highly inefficient and controlled by highly stringent labour laws.



INVESTMENT STRATEGY ACHIEVED

  • CapEx plan introduced to modernise the property.
  • A structured plan was created to introduce staffing efficiencies into the business.
  • Discussions with Accor to elevate the revenue management capability of the hotel.