Fairmont Hotels & Resorts is a global chain of luxury hotels that operates more than 70 properties worldwide, with a strong presence in Canada. The company originated from two hotel businesses established in the late 19th century, the Canadian Pacific Limited-owned Canadian Pacific Hotels & Resorts, and Fairmont Hotels. In 1999, Canadian Pacific Hotels acquired a majority interest in Fairmont Hotels; with Canadian Pacific Hotels later renaming its entire hotel portfolio under the Fairmont Hotels & Resorts banner in 2001. Shortly after the hotel division was renamed, Canadian Pacific Limited was split into several smaller companies in a starburst move, with Fairmont becoming a separately-traded company. In 2006, Fairmont was acquired by Colony Capital, who subsequently entered into a joint partnership with the Kingdom Holding Company; consolidating Fairmont with their other hotel brands, Raffles and Swissôtel to form Fairmont Raffles Hotels International (FRHI). FRHI in turn became a subsidiary of AccorHotels in 2016. History Predecessors (1886–1999) Canadian Pacific Hotels Canadian Pacific Hotels (CP Hotels) began as a division of the Canadian Pacific Railway (CPR) Hotels department. The division operated a series of hotels along CPR's rail lines as early as 1886. Many of these resort hotels were built and operated by the railway's hotel department, while a few were later acquired from Canadian National Hotels, a hotel division of the Canadian National Railway. Over the years, a collection of grand railway hotels was put together throughout Canada, both rural and urban. By the 1980s, CP Hotels' collection included the Chateau Lake Louise, the Banff Springs Hotel, the Château Frontenac, the Empress Hotel, the Palliser Hotel, the Fairmont Royal York, and others. In addition to its properties in Canada, the hotel chain operated a few hotels outside Canada, with properties in Germany, Israel, Mexico, and the United States. CPR's rival Grand Trunk Railway and later Canadian National Railway copied Van Horne's approach by building hotels such as the Jasper Park Lodge in Jasper, Alberta, and the Château Laurier in Ottawa. CPR purchased Canadian National Hotels, Canadian National Railway's hotel division in 1988, making CP Hotels the nation's largest hotel owner. In the 1990s, CP Hotels began to expand and purchased the Canadian Delta Hotels chain and the international Princess Hotels chain in 1998, which became wholly owned subsidiaries of CP Hotels. In 1999, the CP Hotels purchased the San Francisco-based Fairmont Hotels and Resorts chain. Fairmont Hotels During the 1890s, James