Fairmont Hotels & Resorts Assumes Management Of Sutton Place Hotel Newport Beach

. October 14, 2008

NEWPORT BEACH, CA, July 12, 2005. Fairmont Hotels & Resorts Inc. announced today that it has assumed management of the 444-room Sutton Place Hotel in Newport Beach, California. Sunstone Hotel Investors, Inc. also announced today that it has completed the acquisition of the hotel.

A $22 million, phased renovation of the hotel's guest rooms, public areas and facilities will begin immediately. Once the initial phases of this project are complete, the hotel will be renamed The Fairmont Newport Beach. The overall new look, encompassing everything from the entranceway to the gardens, is expected to be complete by early 2006.

Key features of this enhancement include a completely redesigned main floor and lobby, with check-in kiosks, adjoining business center and a premium coffee outlet, as well as the addition of a full-service spa. All guest rooms, including the hotel's 29 suites, will be restyled with upgraded finishes in a textured natural palette of rye, chocolate, gold and cayenne accented with tumbled granite, woven cane and rich British Colonial woods. Fairmont's exclusive crisp, white linen bed with a pillow-top Simmons mattress will become the focal point of this relaxed environment, while technology like flat screen televisions, DVD players and wireless Internet will be unobtrusively incorporated.

According to Doug Lee of Irvine's Lee & Sakahara Architects, the overall concept for the property's redesign will integrate the sleek modern exterior originally created by Los Angeles Airport designer Gin Wong with a "flowing, open but warm interior" that intuitively directs travelers while creating the distinctive welcome of a chic, California residence.

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