Four Seasons Hotels and Resorts Announces New Development Projects in Asia and the Caribbean
18 January 2006 - 11:32PM
PR Newswire (US)
TORONTO, Jan. 18 /PRNewswire-FirstCall/ -- Four Seasons Hotels and
Resorts (TSX Symbol "FSH.SV"; NYSE Symbol "FS"), the world's
leading luxury hotel management company, is pleased to announce
that it has entered into letters of intent for four new development
projects in Barbados, Shanghai, Taipei and Macau. "Now with 68
luxury hotels and resorts in 31 countries and more than 20
properties in development, Four Seasons continues to strengthen its
position for the present and future," says Kathleen Taylor,
President, Worldwide Business Operations, Four Seasons Hotels and
Resorts. "Our strategy continues to focus on obtaining long-term
management contracts with owners and investors who share our
vision, and who are ready to invest in our future." Four Seasons
Resort Barbados will feature approximately 115 rooms and suites, in
addition to approximately 45 residential villas on 32 acres of
prime beachfront property. The Resort will include restaurants and
bars, a spa and fitness centre, recreational facilities and meeting
space. Working with the owner Paradise Beach LLP, Four Seasons will
bring a new level of personalized service and luxury to one of the
Caribbean's favourite island destinations. The Resort is scheduled
to open in 2009. Four Seasons Hotel Shanghai at Pudong will join
the existing Four Seasons Hotel Shanghai, opened in 2002, as the
second property in this growing business and leisure destination,
and the fourth Four Seasons hotel in China. Located on Century
Boulevard, the Hotel will be ideally located for business
travellers and as a meeting place for local companies. With 190
rooms and suites and 60 residences, along with restaurants, a spa
and meeting space, the Hotel will also be a centre of social life,
and a destination for leisure travellers. The Hotel is being
developed by Hines and HPL Hotels and Resorts Pte Ltd. Estimated
opening date is early 2009. Four Seasons Hotel Taipei will be
located in the Hsin Yi District, where Taipei's newest shopping and
office buildings surround the world's tallest building, Taipei 101.
The Hotel will offer 275 rooms and suites, and 50 serviced
apartments catering to business travellers. The mixed-use
development will also include office and retail space. The Hotel is
expected to open in 2009. Four Seasons Hotel Macau will feature 400
hotel rooms; up to 600 serviced vacation suites; distinctive dining
experiences; full service spas, each featuring a wide array of
amenities; versatile meeting space and a spacious pool bar and
grill. The development will also include an upscale fashion mall
integrated into the Grand Canal Shoppes at The Venetian Macao.
Located on the Cotai Strip in "Asia's Las Vegas," one of the
world's emerging tourist and convention destinations, the project
is being developed by Las Vegas Sands Corp, which will also manage
the casino within the Hotel. Estimated opening date is late 2007.
Dedicated to continuous innovation and the highest standards of
hospitality, Four Seasons invented luxury for the modern traveller.
From elegant surroundings of the finest quality, to caring, highly
personalised 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 resorts in major
city centers and desirable resort destinations around the world.
Currently with 68 hotels in 31 countries, and more than 20
properties under development, Four Seasons will continue to lead
luxury hospitality with innovative enhancements, making business
travel easier and leisure travel more rewarding. For more
information on Four Seasons, visit http://www.fourseasons.com/.
DATASOURCE: Four Seasons Hotels and Resorts CONTACT: Barbara
Henderson, Vice President, Corporate Finance, (416) 441-4408, ;
Elizabeth Pizzinato, Director, Corporate Public Relations, (416)
441-4335,
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