TORONTO, May 09, 2007 — Fairmont Hotels & Resorts is pleased to announce that it has partnered with Cornell University and eCornell on a new venture that will provide top-quality online training and education to leaders at Fairmont Hotels & Resorts locations worldwide.

Developed by Cornell University's world-renowned School of Hotel Administration, Johnson Graduate School of Management, and School of Industrial Relations, Fairmont's management-level colleagues will have the ability to take courses and earn Certificates from Cornell University in the fields of Hospitality Management, Foodservice Management, Financial Management, Proactive Leadership, Executive Leadership, Supervisory Skills and Human Resources Management.

Fairmont Hotels & Resorts' Senior Vice President of Human Resources, Ms. Carolyn Clark stressed, "As Fairmont continues to advance its strategy of brand expansion and global growth, leadership development will be a key priority. As a global leader in the hotel marketplace, we are proud to partner with a leading group like Cornell University and look forward to realizing the benefits of this new e-learning solution."

eCornell courses provide the convenience of structure and flexibility with around-the-clock/around-the-world access to course materials, online and telephone customer support, and dedicated online instructors. The eCornell learning model & portfolio provide a global e-learning solution that addresses the training challenges of cost, time and location.

Mr. Ross Pearo, Vice President of Product Development & Marketing added, "eCornell's proven content, global scalability, turn-key implementation and ability to complement internal brand standard programs were all critical factors in Fairmont's decision to enter into partnership with us."

Fairmont Hotels & Resorts' Corporate Director, Training & Development, Matt Smith commented, "We are delighted to offer our leaders the wide selection of professional education programs available through our eCornell partnership. The flexible schedules, affordable costs, and globally accessible "e-classrooms" make eCornell a great addition to our leadership development strategy."

Added Smith, "eCornell's comprehensive catalog enables Fairmont to address the learning needs of the entire organization as well as the more specific individual needs of key leaders or those who display high potential. This truly enables us to build our organizational capability as well as impact our recruitment and retention of top talent."

Mr. Chris Proulx, eCornell's President and Chief Executive Officer added, "eCornell is delighted to partner with Fairmont Hotels & Resorts by providing a flexible and effective corporate learning solution that meets the training and development needs of such a diverse and growing organization."

About eCornell

Established and wholly-owned by Cornell University, eCornell has the most comprehensive online, professional and executive development curriculum offered by any top-20 university in the United States. eCornell provides exceptional online learning experiences tailored for professional and executive development in the areas of strategy, leadership and management development, human resources, financial management, and hospitality management. Collaboration between Cornell faculty experts and learning and user-experience designers provide for engaging, rigorous, and interactive learning. For more information, please visit www.ecornell.com.

About Fairmont Hotels & Resorts

With the opening of the landmark Fairmont San Francisco in April 1907, one of the world's leading luxury hotel brands was born. For over a century, Fairmont Hotels & Resorts has offered warm hospitality and timeless elegance in unforgettable locations. Throughout 2007, our 51 distinctive hotels in 10 countries, from fabled castles to secluded lodges and modern retreats, will celebrate a centennial of rich experiences and lasting memories. Committed to growing its portfolio of world-class hotels, which includes The Fairmont Banff Springs and London's Savoy, Fairmont will soon reflag four hotels in Kenya and anticipates the re-opening of New York's famed Plaza Hotel. Future Fairmont Hotels & Resorts also include locations in Cairo, Abu Dhabi, Vancouver and South Africa. Fairmont Raffles Hotels International operates over 120 hotels worldwide under the Fairmont, Raffles, Swissôtel and Delta brands, as well as vacation ownership properties managed by Fairmont Heritage Place. For more information or reservations, please call 1-800-441-1414 or visit www.fairmont.com.

Press Contact:
eCornell
Ross Pearo, Vice President Product Development and Marketing
607-330-3334
rpearo@ecornell.com