Fairmont Hotel and Golf Resort
(Kingask) Loss making golf resort fails to gain approval for
development deemed vital for "future growth and
profitability" more Fairmont
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Silence over Fairmont
The Courier, 1 February 2008
The developer behind multi-million-pound expansion plans for
the Fairmont St Andrews golf, hotel and leisure complex was yesterday remaining
silent in the wake of the scheme being thrown out by councillors in north-east
Fife.
The decision, made by an overwhelming 10-2 majority of the
committee, came after a lengthy debate during which the design of the scheme
was heavily criticised and questions were raised over water supplies, landscape
impact, and the suggestion that the buildings could be screened.
The application from St Andrews Bay Development Ltd, was
for 37 two and three-bedroomed holiday lodges, 20 holiday apartments, 14 themed
suites, a public house, bistro, restaurant and spa.
The development would be partly new build, and partly
redevelopment of a steading.
During the lengthy planning process which led up to this
week's meeting it was revealed that the complex - which is owned by a US real
estate fund and operated by Fairmont - is carrying forward losses of over
£14 million.
At that time, just a few weeks ago in November, the
operators Fairmont described the the planning application for the 37-lodges
development as "an important strand of future growth and profitability."
A spokesperson said the development, if approved, would
place Fairmont in an even stronger competitive position to attract additional
income for the resort and local area.
"In addition to enhancing our facilities and attracting new
visitors, the development will enable us to strongly grow our presence in the
thriving conference market where we are currently having to turn away business
due to a lack of capacity.
"The investor suites will also play a vital role in
delivering additional income," the spokesperson had said.
After the meeting The Courier attempted to obtain comment
from Fairmont, and to find out if an appeal is to be lodged.
Yesterday the hotel had still not responded to the
request. more Fairmont
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