The partnership extends Abbey Road owner EMI Music’s relationship with Fairmont, which already gives the latter’s guests access to the label’s music.
The Savoy, which is managed by Fairmont, will work with Abbey Road on a refurbishment that aims to bring the hotel’s "style, luxury and timeless elegance" to the studios’ lounges.
Kerin McDonald, Abbey Road’s head of brand and marketing, said: "We are very excited to be partnering with Fairmont Hotel & Resorts. In the first instance, it is an amazing opportunity for us to be working with the team at The Savoy to redesign and furbish our studio lounges.
"The Savoy and Abbey Road Studios are both globally renowned iconic British buildings and brands, and we are delighted to be bringing some of The Savoy's sharp style of London's High Society to the legendary Abbey Road Studios."
The deal will also allow Fairmont guests to tour the studios or record a song.