TORONTO — Four Seasons continues to expand its development pipeline, elevating its experiential offerings and accelerating bold new ventures. The company is investing in a robust commercial strategy, enhancing its ability to meet the growing demand for travel and luxury experiences.
In October, the company appointed Alejandro Reynal as president and CEO. “Since joining Four Seasons, I have seen firsthand the company’s clear competitive advantage: unparalleled service excellence, a renowned brand and a corporate culture powered by the genuine heart of its people,” says Reynal. “Four Seasons business is stronger than ever. Our experienced leadership team is well positioned to take advantage of the myriad opportunities ahead, focusing on an evolved growth strategy that continues to generate value for our hotel owners, employees, guests and residents.”
Last year, Four Seasons opened seven new properties. The company also expanded its growing collection of standalone private residences. Currently, there are more than 50 new projects under planning or development, including in Italy, Spain, China, Japan, Saudi Arabia, Colombia, Belize and many more.
Additionally, residential continues to be a significant driver for Four Seasons strategic growth, with a robust five-year pipeline comprising more than 30 projects worldwide. The company has also expanded its experiential offerings, including the Four Seasons Private-Jet Experience, At Home Collection and the recently announced Four Seasons Yachts. With 2023 private-jet itineraries nearly sold out and a full calendar of 2023 journeys announced, the program continues to go. Also, the first Four Seasons 679-foot yacht is expected to embark in 2025.