Ivanhoé Cambridge completes Château Frontenac renovation
REMI

Ivanhoé completes Frontenac renovation

Thursday, June 26, 2014

Renovations are now complete at the Fairmont Le Château Frontenac, one of Canada’s most historic properties. This follows Ivanhoé Cambridge’s $75-million investment to rejuvenate  more than 300 rooms of the storied Quebec City hotel.

“This major investment perfectly illustrates our ability to invest in a way that strikes the right balance between preserving a heritage building as prestigious and admired as the Château Frontenac and taking into account the requirements for performance and returns of a hotel asset,” says Daniel Fournier, chairman and CEO of Ivanhoé Cambridge.

A majority of the renovation budget ($66 million) went to interior upgrades, while the remaining $9 million was directed to masonry work and a new copper roof.

Renovated features include a complete revamping and addition of 14 new rooms to Fairmont Gold, the in-house 60-room boutique  accommodations, plus a 75 per cent expansion to the hotel’s meeting and banquet space.

“Our goal was to renovate this icon while preserving its heritage and adding a contemporary aspect so that we can offer our guests an unprecedented experience and meet their highest expectations,” says Château Frontenac general manager Robert Mercure.

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