6-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2004

Fairmont Hotels & Resorts Inc.

(Translation of Registrant’s Name Into English)

Canadian Pacific Tower, Ste 1600, 100 Wellington Street W., Toronto, Ontario M5K 1B7, Canada

(Address of Principal Executive Offices)

     (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F     o Form 40-F     þ

     (Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes     o No     þ

     (If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-                    .

     This report furnished on Form 6-K shall be incorporated by reference into each of the Registration Statements under the Securities Act of 1933 of the registrant: Form S-8 No. 333-13960.

Page 1 of 2 Pages
Exhibits Index appears on Page 3

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	FAIRMONT HOTELS & RESORTS INC.                        (Registrant)
Date: September 8, 2004	By:	/s/ Sari L. Diamond
		Name:	Sari L. Diamond
		Title:	Assistant Corporate Secretary

Exhibits Index

The following is a list of Exhibits included as part of this Report on Form 6-K.

Exhibit No.	Description of Exhibits
99.1	Fairmont Hotels & Resorts Inc. Reduces Investment in Legacy Hotels Real Estate Investment Trust

EX-99.1

Exhibit No. 99.1

For immediate release

FAIRMONT HOTELS & RESORTS INC. REDUCES INVESTMENT IN
LEGACY HOTELS REAL ESTATE INVESTMENT TRUST

TORONTO, September 8, 2004 — Fairmont Hotels & Resorts Inc. (“FHR” or the “Company”)(TSX/NYSE: FHR) announced that it has agreed to sell 12 million units of Legacy Hotels Real Estate Investment Trust (“Legacy”) (TSX: LGY.UN) in a block trade to CIBC World Markets Inc. and Scotia Capital Inc. today. The units will be sold at Cdn$6.75 each for total proceeds of Cdn$81 million, or approximately US$63 million. This block sale reduces FHR’s equity investment in Legacy to 23.7% from approximately 35%.

Commenting on the transaction, William R. Fatt, FHR’s Chief Executive Officer, said, “In April, we indicated our intention to reduce our equity position in Legacy to less than 25% and this transaction accomplishes this objective. The Company believes that its investment in Legacy continues to be important from both a strategic and financial perspective.”

About Fairmont Hotels & Resorts Inc.

FHR is one of North America’s leading owner/operators of luxury hotels and resorts. FHR’s managed portfolio consists of 82 luxury and first-class properties with more than 33,000 guestrooms in the United States, Canada, Mexico, Bermuda, Barbados and the United Arab Emirates. FHR owns Fairmont Hotels Inc., North America’s largest luxury hotel management company, as measured by rooms under management, with 44 distinctive city center and resort hotels such as The Fairmont San Francisco, The Fairmont Banff Springs and The Fairmont Scottsdale Princess. FHR also owns Delta Hotels, Canada’s largest first-class hotel management company, which manages and franchises 38 city center and resort properties in Canada. In addition to hotel management, FHR holds real estate interests in 22 properties and an approximate 35% investment interest in Legacy Hotels Real Estate Investment Trust, which owns 24 properties.

-30-

Contact: Emma Thompson
Executive Director Investor Relations
Tel: 416.874.2485
Email: investor@fairmont.com
Website: www.fairmont.com/investor