Four Seasons Hotels and Resorts: Difference between revisions
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'''Four Seasons Hotels, Inc.''' is a [[Canada|Canadian]]-based luxury hotel chain consisting of [[hotel]]s and [[resort]]s aimed at the higher end of the accommodation market. It is considered among the best luxury hotels worldwide, according to ''[[Travel and Leisure]]'' magazine and [[Zagat]] Guide and is also a [[American Automobile Association|AAA]] five diamond hotel chain, one of only a few in the world. |
'''Four Seasons Hotels, Inc.''' is a [[Canada|Canadian]]-based luxury hotel chain consisting of [[hotel]]s and [[resort]]s aimed at the higher end of the accommodation market. It is considered among the best luxury hotels worldwide, according to ''[[Travel and Leisure]]'' magazine and [[Zagat]] Guide and is also a [[American Automobile Association|AAA]] five diamond hotel chain, one of only a few in the world. |
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==Business== |
==Business== |
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Four Seasons is a publicly traded corporation headquartered in [[Toronto]], [[Canada]]. [[Isadore Sharp|Isadore (“Issy”) Sharp]] founded the company in [[1960]] and opened the first Four Seasons Hotel on Jarvis Street in downtown Toronto in 1961. [[Microsoft]] Chairman [[Bill Gates]] has a substantial holding in the company along with Prince [[Al-Waleed bin Talal]] of Saudi Arabia. On November 6, [[2006]], [[Bill Gates]], through his holding company [[Cascades Investment LLC]], and Prince [[Al-Waleed bin Talal]] made an offer to take the company private for US$3.4 billion (excluding debt).<ref>{{cite news | first=Church | last=Elizabeth | url=http://www.globeinvestor.com/servlet/story/RTGAM.20061106.wfourseasons1106/GIStory/ | title=Four Seasons Strikes Deal To Go Private | publisher=The Globe and Mail | pages= | page= | Date =[[November 6]] [[2006]]|accessdate=2006-11-06}}'</ref> |
Four Seasons is a publicly traded corporation headquartered in [[Toronto]], [[Canada]]. [[Isadore Sharp|Isadore (“Issy”) Sharp]] founded the company in [[1960]] and opened the first Four Seasons Hotel on Jarvis Street in downtown Toronto in 1961. [[Microsoft]] Chairman [[Bill Gates]] has a substantial holding in the company along with Prince [[Al-Waleed bin Talal]] of Saudi Arabia. On November 6, [[2006]], [[Bill Gates]], through his holding company [[Cascades Investment LLC]], and Prince [[Al-Waleed bin Talal]] made an offer to take the company private for US$3.4 billion (excluding debt).<ref>{{cite news | first=Church | last=Elizabeth | url=http://www.globeinvestor.com/servlet/story/RTGAM.20061106.wfourseasons1106/GIStory/ | title=Four Seasons Strikes Deal To Go Private | publisher=The Globe and Mail | pages= | page= | Date =[[November 6]] [[2006]]|accessdate=2006-11-06}}'</ref><ref>http://www.marketwatch.com/news/story/Story.aspx?guid={42FD3677-533D-4E86-9C96-257CEE6D327D}&siteId=mktw</ref> |
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==Operation== |
==Operation== |
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Four Seasons Hotels operates a residential program called the Residence Club that involves the sale of [[villa]]s, [[Penthouse apartment|penthouses]] and the like within select Four Seasons properties as private properties. The company currently operates 70 properties globally. |
Four Seasons Hotels operates a residential program called the Residence Club that involves the sale of [[villa]]s, [[Penthouse apartment|penthouses]] and the like within select Four Seasons properties as private properties. The company currently operates 70 properties globally. |
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Revision as of 20:51, 7 November 2006
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| Company type | Public (NYSE: FS) |
|---|---|
| Industry | hospitality, tourism |
| Founded | 1960 |
| Headquarters | Toronto, Canada |
Key people | Isadore Sharp, Chairman & CEO Wolf H. Hengst, President Hotel Operations Kathleen Taylor, President Business Operations |
| Website | www.fourseasons.com |
Four Seasons Hotels, Inc. is a Canadian-based luxury hotel chain consisting of hotels and resorts aimed at the higher end of the accommodation market. It is considered among the best luxury hotels worldwide, according to Travel and Leisure magazine and Zagat Guide and is also a AAA five diamond hotel chain, one of only a few in the world.
Business
Four Seasons is a publicly traded corporation headquartered in Toronto, Canada. Isadore (“Issy”) Sharp founded the company in 1960 and opened the first Four Seasons Hotel on Jarvis Street in downtown Toronto in 1961. Microsoft Chairman Bill Gates has a substantial holding in the company along with Prince Al-Waleed bin Talal of Saudi Arabia. On November 6, 2006, Bill Gates, through his holding company Cascades Investment LLC, and Prince Al-Waleed bin Talal made an offer to take the company private for US$3.4 billion (excluding debt).[1][2]
Operation
Four Seasons Hotels operates a residential program called the Residence Club that involves the sale of villas, penthouses and the like within select Four Seasons properties as private properties. The company currently operates 70 properties globally.
On June 19, 2002 the Canadian Opera Company announced Four Seasons Hotels as the naming donor for the COC's new Opera House, the Four Seasons Centre for the Performing Arts, located in Toronto, Canada.
Footnotes
- ^ Elizabeth, Church. "Four Seasons Strikes Deal To Go Private". The Globe and Mail. Retrieved 2006-11-06.
{{cite news}}: Unknown parameter|Date=ignored (|date=suggested) (help)' - ^ http://www.marketwatch.com/news/story/Story.aspx?guid={42FD3677-533D-4E86-9C96-257CEE6D327D}&siteId=mktw