The Path has shared a new interview with Issy Sharp, founder of Four Seasons Hotels and Resorts, speaking about his career and life's work.
Four Seasons' latest plans for strategic global growth
Four Seasons is capitalizing on key market opportunities and luxury service leadership to set forward on a path that builds strategic global growth—by growing its residential portfolio with luxury journeys such as its new Four Seasons Yachts venture.
"Grounded in Four Seasons history of industry leadership, our vision is to be the most aspirational luxury hospitality and residential brand through genuine and unparalleled service experiences," says Alejandro Reynal, president and chief executive officer, Four Seasons. "The key to our success has and always will be our people and culture. This will continue to guide our path forward as we further solidify Four Seasons legacy of authentic and unscripted care for which we are renowned."
Four Seasons is expanding its global footprint while investing in its current portfolio of 128 hotels and resorts in 47 countries. With a robust and focused development pipeline of more than 50 hotels and resorts at various stages of planning and development, Four Seasons is strategically expanding into key destinations that will further strengthen the company's position as a global luxury hospitality leader.
In the coming years, upcoming portfolio additions include a Resort in Cabo San Lucas on the southern shores of Mexico's Baja peninsula, a 16th-century Hotel revitalization on Colombia's Caribbean coast in the historic city of Cartagena, the fourth Four Seasons property in Morocco with a waterfront Hotel in Rabat within the historic Kasr al Bahr palace, two Hotels in China, Dalian and Hangzhou, and a fourth Four Seasons Hotel in Japan, with a 49-storey mixed-use development project in Osaka.
The brand will also open a resort in Mallorca, transforming the Hotel Formentor into a Four Seasons experience; open its first property in Melbourne, located in what is set to be the world's largest vertical garden; open a private island getaway on Caye Chapel in Belize; a return to Shanghai with a new hotel in the city centre, and continued growth in Italy with developments coming to Venice, Puglia and beyond.
Among both international travellers and local communities, restaurants and bars are a primary gateway into the world of Four Seasons and a key element of the luxury hospitality experience. Holding the most Michelin stars of any luxury hospitality brand, Four Seasons leadership can be attributed to the excellence, passion and innovation of its incredible culinary craftspeople. Together, Four Seasons along with its select chef-partners have brought to life more than 600 original-concept outlets, reflecting the flair and character of each unique locale.
Enhancing Branded Residential Leadership
Since Four Seasons Private Residences were introduced almost 40 years ago, close to 5,000 units and 16 million square feet (1.49 million square metres) are currently under Four Seasons management across 53 residential properties. Four Seasons' global residential portfolio continues trending upward with more than USD 1.5 billion in real estate sold in 2023 and 65 per cent of Four Seasons' hotel and resort development pipeline including a residential component.
Building on the success of its residential leadership, Four Seasons continues to grow its standalone portfolio, catering to new and existing homeowners who are seeking the finest luxury lifestyle experiences in unmatched locations. Four Seasons standalone openings have been welcomed in London, Los Angeles, San Francisco, Marrakech and Dubai, along with upcoming projects to open in the coming years in Las Vegas, Austin and Istanbul.
In addition, demand for the Four Seasons Private Jet Experience continues with repeat trips at an all-time high aboard the brand's custom luxury aircraft. With more than eight itineraries taking off each year—2024 itineraries will travel from Easter Island to the Lost City of Petra on Ancient Explorer, Kyoto to the Serengeti on International Intrigue and Machu Picchu to Antarctica on Unchartered Discovery.
Four Seasons Yachts is moving toward its inaugural voyage, which will set sail in late 2025. First announced in September 2022, the first ship will take Four Seasons signature service to the high seas aboard a vessel surpassing the suite size, amenities and staff-to-guest ratios that currently exist in the market. For those looking to explore destinations from behind the wheel of luxury vehicles, the Four Seasons Drive Experience continues to celebrate the best of road travel in Tuscany, the Alps and Napa Valley.