Monarch Hotel gets new Management, new Name

WASHINGTON, DC-There's a new hotel in town--well sort of--now that the former Monarch Hotel is under the management of Fairmont Hotels & Resorts and renamed The Fairmont Washington, DC. The renaming and change of management finalizes the hotel's recent change in ownership.

By Barbra Murray | December 11, 2002 at 01:01 AM

"The highly favorable demographics in Washington combined with the quality of the hotel make this an excellent acquisition opportunity," Legacy vice chairman and CEO William R. Fatt says in a statement on the ownership transition. "We anticipate that the Monarch Hotel will benefit from the Fairmont brand and ultimately from the rebound in the U.S. economy."

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