The property is currently undergoing a USD2.5 billion restoration and is slated to re-open as Fairmont Century Plaza, Los Angeles in 2018, supporting AccorHotels’ goal of brand growth and expansion, particularly in the luxury sector.
The signing of this project follows AccorHotels’ acquisition of Fairmont Hotels & Resorts in 2016, along with sister brands Raffles Hotels and Resorts and Swissôtel Hotels and Resorts, which have broadened the company’s luxury portfolio and footprint in North America.