Four Seasons to open 1st hotel in India
Magus Estates and Hotels Private Limited of India and Four Seasons Hotels and Resorts of Toronto, Canada, announced today that they have entered into an agreement to open a new hotel in Mumbai.
Leaders from both companies participated in a ceremonial signing today, which was attended by Prime Minister Jean Chretien of Canada, who is on an official visit to India. ‘India is a very important market for Four Seasons and we’re delighted with this new opportunity’, said Isadore Sharp, Founder and CEO, Four Seasons Hotels and Resorts. ‘We believe we have found exactly the right project in Mumbai and look forward to creating the best hotel in the market.’