Four seasons to be third-tallest property in India
The 33-storey Four Seasons hotel in Mumbai will soon be dwarfed by a tower that will be two and a half times taller – 84 storeys. It might sport an Aer bar similar to the one present in the current structure, which is also India’s first rooftop bar. The financial details, including the investment for the new hotel, are being finalised. While construction of the two new ballrooms will begin this month, the new skyscraper, which will have office space, service apartments, guest rooms, restaurants and Four Seasons-branded residences, is in the design stage and will be finalised by the end of this year.
When completed, the new building will be the third tallest hotel in the city. The first and second slots will be occupied by the 125-storey India Tower (coming up in Marine Lines in south Mumbai), and the Park Hyatt, which is expected to house 117 storeys.
“We would be going with cutting-edge designers with an equally great food and beverage concept. This will really be an iconic tower in term of its design and interiors. The owners have started dialogue with architects and our design and construction team based in Toronto, who will be working with the Indian team”, says Andrew Harrison, GM.
The company is also expanding to other parts of the country such as Bengaluru where it had a ground-breaking ceremony last month. Hotel properties are also scheduled to come up in Jaipur, Gurgaon and Hyderabad.
Four Seasons has also signed agreements for managing two resorts in India’s most favourite leisure destinations – Goa and Kerala. These will be in addition to the four resorts which the company manages in places like Mauritius and Seychelles. The properties will be built under tie ups with local developers who will also invest in them, while Four Seasons will manage them and give its brand name.
The Toronto-based management, however, will be more selective than its rivals like Hyatt, Marriott and Intercontinental, in its expansion in India.
“We would have surely liked to have 10 properties up and running by now in India. But we have to be practical: there is still not enough demand for this kind of high-end hotel brand. So it’s important that we have the right location and right partners” Harrison says, adding “Four Seasons is not a mass-market product. We know it’s not for everyone’s wallet. We have a following but it’s in the high premium class”.
Four Seasons is jointly promoted by its Canadian founder Isadore Sharp, Microsoft’s Bill Gates and Saudi Arabia’s Prince Al-Waleed bin Talal.