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SOURCE Four Seasons
With more than 60 new projects currently in development, the company is bringing Four Seasons experiences to more people, in more places around the world
TORONTO, Jan. 28, 2014 /PRNewswire/ -- With more hotels, resorts and private residences being added to its robust pipeline, the world's leading luxury hospitality company continues to expand its global footprint while introducing the acclaimed Four Seasons brand to new travellers around the world.
"The success of Four Seasons has been built on our unwavering dedication to the highest standards of hospitality, and that overarching principle remains at the forefront of our growth plans," says J. Allen Smith, President and Chief Executive Officer, Four Seasons Hotels and Resorts.
"The foundation of our development strategy is to identify the right locations, and to work with the right partners. As a management company, it is critical that we find owners and investors who share our long term vision and values, and who will grow with us," continues Smith, noting that about one quarter of its investor/developer partners owns more than one Four Seasons.
In the past three years, Four Seasons has unveiled a dozen new hotels and resorts in locations as diverse as Baku, Shenzhen, Baltimore and the Serengeti. In the coming year, new properties will open in Moscow, Johannesburg, Orlando, and Dubai, among other destinations.
"Our strategy is multifaceted: we are targeting destinations where our guests want to go, as well as those markets where we want to establish a local presence to raise awareness and introduce travellers to Four Seasons," explains Scott Woroch, Executive Vice President Worldwide Development. "At the same time, we continually explore options to enhance our position in destinations where we currently operate."
New openings in the near future include a luxury resort inside Walt Disney World® Resort in Florida; a strategic foothold in the African subcontinent; a second location in Russia following the brand's highly anticipated opening in St. Petersburg last year; increased presence in the Middle East with new locations in Bahrain and United Arab Emirates; new locations in India and the first in Korea; plus continued expansion into China's major business and leisure destinations.
A key source of growth opportunities is to reflag hotels that are currently established under another brand. In 2012, Four Seasons converted the historic Rancho Encantado in Santa Fe, and this year the company will raise its flag above The Westcliff in Johannesburg. Another dimension to the company's plans is the continued focus on residential opportunities. Two thirds of projects currently in development include a residential component, whether primary or secondary homes or vacation properties.
"Working with our owners, we are also looking at our existing locations with an eye to improving our market position, whether it's extensive renovations as we recently completed in Buenos Aires, Riyadh and Las Vegas; or the creation of destination-specific restaurant and spa concepts," says Woroch.
Planned New Openings in 2014/2015 and beyond
Recommended by Travellers
Continually meeting and anticipating what guests want has been a hallmark of Four Seasons as it opens new locations in the destinations travellers desire most, creates customized experiences and provides attentive service around the world. The company consistently earns top rankings in traveller surveys, reviews and awards. Recent accolades include Forbes Travel Guide Five Star Hotel Awards, which included 18 Four Seasons properties, 22 AAA Five Diamond Awards, the Conde Nast Traveler Gold List, which named 40 Four Seasons properties; and the Travel + Leisure T+L 500 list, which included 44. 18 Four Seasons Spas were recognized on the Conde Nast Traveler Top Spas list; 32 were US News & World Report Gold and Silver Badge Winners; and the company was the winner of the Best Hotel Group in the Telegraph's 2013 Travel Awards. The brand is also one of Robb Report's Luxury's 25 Most Innovative Brands.
About Four Seasons Hotels and Resorts
Four Seasons Hotels and Resorts is dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. From elegant surroundings of the finest quality, to caring, highly personalized 24-hour service, Four Seasons embodies a true home away from home for those who know and appreciate the best. The deeply instilled Four Seasons culture is personified in its employees - people who share a single focus and are inspired to offer great service. Founded in 1960, Four Seasons has followed a targeted course of expansion, opening hotels and residences in major city centres and desirable resort destinations around the world. With 92 properties in 38 countries, and more than 60 projects under development, Four Seasons continues to lead the hospitality industry with innovative enhancements, making business travel easier and leisure travel more rewarding. For more information on Four Seasons, visit http://press.fourseasons.com and follow on Twitter at @FourSeasonsPR.
Contact: Laura Zanzal
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