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Fairmont Austin refinances with $430M loan

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Fairmont Austin refinances with $430M loan

Revenue per available room, or REVPAR, in first quarter 2024 for Fairmont Hotel was $231, a big step up from the metro average of $111. It’s one of the top hotels in the city and has more rooms than any other in the metro. Get the latest on the hotel in this report, which chronicles the companies that are helping to sustain the hotel, financially.