Following a year of highly successful openings including new builds, the rebirth of two historic landmarks and the conversion of one of the world’s finest resorts, Four Seasons Hotels and Resorts enters 2018 with a shorter list of openings planned compared to 2017
Strategic Priority: Four Seasons Residential
Since entering the luxury real estate business in 1985, the company’s portfolio of Four Seasons Private Residences, as well as its villa and residence rentals program, has grown to include 38 properties in 17 countries, and is set to double in the next five years. Twenty Grosvenor Square, a Four Seasons Residence in London, opening this year, will be the first standalone Four Seasons residential property, while approximately 80 percent of current hotel and resort development projects include a residential component.
Building on Success: 2017 Growth Highlights
Four Seasons opened seven Hotels and Resorts last year, including a second location in London at Ten Trinity Square, which realised the meticulous restoration of a historic landmark. Additional expansion took place in China, where the company opened its ninth location in this key market, this time in the port city of Tianjin.
In Surfside, Florida, architect Richard Meier’s and designer Joseph Dirand’s vision for reviving the historic Surf Club came to life as a Four Seasons Hotel and Residences, while the company’s first hotel in Kuwait is a modern marvel of architecture, art and design. The first Four Seasons in Tunisia also opened on a prime beachfront location just minutes from both urban attractions and major archaeological sites.
Late in the year, just one month after announcing plans to convert, Paradise Island’s legendary Ocean Club in the Bahamas debuted as a Four Seasons experience. In another Four Seasons first, the company expanded its mountain portfolio to Europe in collaboration with the Rothschild family with an all-new Hotel in Megève.
In 2017, the company also announced plans to open Four Seasons Hotels, Resorts and Residences in Korea at Jeju Island; the Chinese port city of Dalian; a second location in Saudi Arabia at Makkah; and a second property in Vietnam in the heart of Hanoi.
Looking Ahead at 2018
In addition to Twenty Grosvenor Square, a Four Seasons Residence, there are several anticipated Hotel and Resort openings in 2018, with most featuring Private Residences, including a new hotel next to the Petronas Towers in Kuala Lumpur.
The company will open its second hotel in India along with Private Residences in Bengaluru, one of India’s fastest growing cities, as well as its second resort in Seychelles on the secluded Desroches Island.
Four Seasons will return to Philadelphia with a new Hotel and Private Residences in what will be the city’s tallest building. In partnership with Comcast, the Hotel will introduce a new level of enhanced technology for luxury travellers. Four Seasons will also debut in Brazil with a new hotel and residences in São Paulo; and in Greece with the conversion of a longstanding favourite on the Athenian Riviera, the Astir Palace.
More from NEWS
According to a report by Deloitte the general situation for the British luxury market “is still unclear due to the …
One of topics covered at the 2018 FT Business of Luxury Summit which took place this week in Venice was …
Hermès has opened its 34th U.S. location in Palo Alto, California within the Stanford Shopping Center. Parisian architecture agency RDAI designed the 6,052-square-foot …