TORONTO, 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 .

Elizabeth Pizzinato
Director, Corporate Public Relations
(416) 441-4335
Four Seasons