News / Royal GazetteFairmont Southampton redundancies timeline December 1, 2020 December 2019: The Fairmont Southampton, built in 1972, is purchased by Gencom, a Miami-based hotel investment firm. Karim Alibhai, Gencom’s founder, announces plans for a substantial restoration … Go to Source Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Like this:Like Loading...