Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Four Seasons Hotels and Resorts is a Canadian company that operates the Four Seasons luxury hotel chain. The company's headquarters are located in Toronto. The chain includes 117 hotels in 47 countries, while Four Seasons Hotels owns shares in only three of them. The chain's first hotel opened in 1961 in Toronto.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedCanadian Four Seasons has suspended direct management of hotels in Russia. Since the spring of 2022, Hyatt, InterContinental, Marriott, CPI Hotels, Belmond, Sokos, Four Seasons, BWH and Wyndham have left the Russian market. The Meshchansky Court of Moscow nationalized the entire building of the Hotel Moskva, including the five-star Four Seasons Hotel Moscow located in the building. Revenue increased in 2024 vs 2023 by more than +30%. 19.06.2025: The record of the founder DEMOVITO LIMITED has been removed from the Unified State Register of Legal Entities. The Russian Federation becomes the new founder of the organization FORSI LLC.