Friday, June 09, 2006


Fairmont Hotels To Run Timeshare Resort At Ghirardelli Square

Ghirardelli Square owner JMA Ventures has selected Fairmont Hotels & Resorts to run a luxury timeshare resort on the upper floors of the Fisherman's Wharf landmark in San Francisco.

JMA had been considering a timeshare development at Ghirardelli Square since acquiring it last year.

Fairmont is putting money into the cost of the timeshare development along with JMA and Pacific Coast Capital Partners of San Francisco.

The property is Fairmont's first urban timeshare.

JMA said in a statement that the timeshare development part is part of a "vision for renewing and reenergizing Ghirardelli Square," including adding spa facilities.

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