Four Seasons ends management of London Canary Wharf property

Exterior of Four Seasons London Canary Wharf

Four Seasons Hotels Limited has announced that it will cease management of the Four Seasons Hotel London at Canary Wharf.

The property’s owner, Yianis Group, and Four Seasons have agreed to terms that will allow new management to take over running the hotel. Aside from its Canary Wharf-managed hotel, the chain also operates a second location in London on Park Lane, giving it a presence in the important tourist destination even after it ends its partnership with Yianis Group.

Closing a door
Four Seasons has been the manager of the Canary Wharf hotel since it opened in 1999. The hotel has become a destination for business travelers, due to its location in the finance district.

The 10-storey property has 142 rooms and suites, and overlooks the River Thames.

Room at Four Seasons London Canary Wharf

While Four Seasons leaves Canary Wharf, it is expanding its presence elsewhere.

In August, Four Seasons Hotels and Resorts is expanding its portfolio in Asia with its latest property opening in the South Korean capital city of Seoul.

The long-awaited opening will be the first South Korean location for the Four Seasons, which currently maintains its Asian presence with hotels in Beijing, Shanghai, Hong Kong and Singapore, among other destinations. Four Seasons Hotel Seoul comes at an ideal time as South Korea continues to establish itself as a hotspot for luxury travelers (see story).

from Luxury Daily » Travel and hospitality http://www.luxurydaily.com/four-seasons-ends-management-of-london-canary-wharf-property/
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