Q1 2024

5 issued by the Constitutional Court of Ecuador, which incorporate Escazú principles and other international standards related to community participation in development projects. The Consultation was overwhelmingly supported by the communities in the direct area of influence of the project, with 98% voting in favour of issuing the Environmental License – see December 27, 2023, news release. With this important news, the Participants confirm previous guidance on start of construction, and reaffirm their commitment to responsible, sustainable development in Ecuador through strict compliance with local legislation and adoption of international best practices. The Participants strive for excellence in all aspects of their operations by putting responsible environmental stewardship, community participation and development, and technical excellence at the forefront of all endeavours. The bustling downtown core will soon welcome a Four Seasons hotel as part of the highly anticipated Hangzhou Centre mixed-use development project In partnership with Greentown China Holdings Limited, China Resources Land Limited and Hangzhou Metro Development Company Limited, luxury hospitality company Four Seasons will open its second Hotel in Hangzhou, China in 2024. At the heart of the city's newest mixed-use development project, Hangzhou Centre Towers, Four Seasons Hotel Hangzhou at Hangzhou Centre will offer a luxury hospitality experience inspired by the timeless elegance of the city's natural landscape. Characterized by Hangzhou's islands, historic temples, expansive parkland, freshwater lakes and rolling hills, the Hotel will provide a peaceful contrast to the city's busy downtown district. The 150,000 square metre (1.6M square foot) complex consists of two 130 metre (426 feet) towers and 8,500 square metres (91,493 square feet) of vibrant outdoor green space throughout. "With this project, we are establishing another dynamic opportunity for guests and locals alike to experience Four Seasons in Hangzhou," says Bart Carnahan, President, Global Business Development, Portfolio Management and Residential, Four Seasons. "While beautifully complementing our existing Hotel at West Lake, we are building our presence both in the city and throughout China. Together with each of our valued partners, we are proud to be part of the Hangzhou Centre project to bring a new luxury hospitality experience to this exciting destination." "Hangzhou Centre will redefine the urban landscape, establishing itself as a premier destination for leisure, boasting high-end retail options, specialty dining experiences, luxurious accommodations, and exceptional banquet and conference services," says Kaixu Yan, Executive Deputy General Manager, Commerce Management Division, Greentown China Holdings Limited. "We are delighted to have Four Seasons contribute their global expertise and renowned reputation to this project in order to provide unparalleled luxury hospitality services in the promising Chinese market." Four Seasons Reveals Plan for Second Luxury Hotel in Hangzhou, China

RkJQdWJsaXNoZXIy MTUyMDQwMA==