Four Seasons Posts Historical Breakdown of its Management Operations
February 20 2006 - 3:35PM
PR Newswire (US)
TORONTO, Feb. 20 /PRNewswire-FirstCall/ -- Four Seasons Hotels Inc.
(TSX Symbol "FSH.SV"; NYSE Symbol "FS") announced today that it has
posted a breakdown of its management operations revenues on a
historical basis on its website. Effective for the quarter ended
September 30, 2005, the Company started breaking out the components
of management operations revenues, as management believes it
provides the financial statement users with more meaningful
information. The Company had historically reported its management
operations revenues on a gross basis. The breakdown of management
operations revenues in US dollars for the first three quarters of
2005, the quarters and full year of 2004, and the full years of
2003, 2002 and 2001, including the applicable foreign exchange
rates, are available on our website at:
http://www.fourseasons.com/pdfs/press/Management_Operations_Revenues.pdf.
Dedicated to continuous innovation and the highest standards of
hospitality, Four Seasons invented luxury for the modern traveller.
From elegant surroundings of the finest quality, to caring, highly
personalised 24-hour service, Four Seasons embodies a true home
away from home for those who know and appreciate the best. The
deeply instilled Four Seasons culture is personified in its
employees - people who share a single focus and are inspired to
offer great service. Founded in 1960, Four Seasons has followed a
targeted course of expansion, opening hotels in major city centers
and desirable resort destinations around the world. Currently with
70 hotels in 31 countries, and more than 20 properties under
development, Four Seasons will continue to lead luxury hospitality
with innovative enhancements, making business travel easier and
leisure travel more rewarding. For more information on Four
Seasons, visit http://www.fourseasons.com/. DATASOURCE: Four
Seasons Hotels and Resorts CONTACT: Barbara Henderson, Vice
President, Corporate Finance, (416) 441-4329
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