TORONTO — Four Seasons Hotels and Resorts will continue its aggressive expansion plans into 2018, with plans for the company’s first standalone residential project and a new executive appointment to oversee growing residential portfolio.
This year will see Four Seasons first standalone residential project at Twenty Grosvenor Square in London’s Mayfair district.
“Our singular focus is on luxury lifestyle, encompassing Four Seasons hotels and resorts, and increasingly, Four Seasons Private Residences,” says J. Allen Smith, president and CEO, Four Seasons Hotels and Resorts.
To support the company’s growing residential business, Paul White has been appointed as president, Residential at Four Seasons Hotels and Resorts. Reporting to the president of Portfolio Management and Owner Relations, Michael A. Crawford, this newly created global role is focused exclusively on the company’s existing residential properties and the more than 30 projects currently in advanced stages of development.
In addition to Twenty Grosvenor Square, 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 a Private Residences in Bengaluru, as well as its second resort in Seychelles on the Desroches Island.
Four Seasons will return to Philadelphia with a new hotel and 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.