FORTUNE Magazine recognizes Four Seasons as top employer
December 29 2003 - 11:37AM
PR Newswire (US)
FORTUNE Magazine recognizes Four Seasons as top employer Four
Seasons Earns Place in Best Companies Ranking for 7th Consecutive
Year TORONTO, Dec. 29 /PRNewswire-FirstCall/ -- For a company built
on the premise that guest satisfaction depends on employee
satisfaction, the results of this year's FORTUNE magazine ranking
of The 100 Best Companies to Work For indicate that Four Seasons
guests must be quite happy. For the 7th consecutive year, the
leading luxury hotel company in the world has earned a place on the
list, this time ranking 66th. Four Seasons Hotels and Resorts is
the only company outside the U.S. to make the list. "From the time
we opened our first hotel in 1961, we've created a working
environment at Four Seasons based on trust and mutual respect,
allowing our employees to thrive," said Isadore Sharp, Chairman and
CEO, Four Seasons Hotels and Resorts. "This recognition by FORTUNE
is a tremendous honour." FORTUNE magazine's 100 Best Companies to
Work For ranking is compiled by Robert Levering and Milton
Moscowitz of the Great Place to Work Institute in San Francisco.
The results are based on a survey completed by tens of thousands of
employees from companies all over North America. Candidate
companies are also asked to submit information about Human
Resources policies and workplace culture, though the final scores
are weighted most heavily on the responses from employees. "We've
always recognized that guest satisfaction is dependant on employee
satisfaction," said Nick Mutton, Executive Vice President, Human
Resources, Four Seasons Hotels and Resorts. "In our 42-year
history, our employee focus has enabled us to attract and retain
the best people in our industry, many of whom have spent their
entire careers with Four Seasons." With a history spanning four
decades and a portfolio that extends worldwide, Four Seasons Hotels
and Resorts is the world's leading operator of luxury hotels,
currently managing 60 properties in 28 countries. Four Seasons
Resort Jackson Hole, Wyoming, the company's first mountain resort,
opened December 18, 2003. Four Seasons continues to grow, with more
than 20 projects under construction or development in choice
locations around the world. In the first half of 2004, the company
will open new properties in Costa Rica, Budapest, Provence,
Whistler, B.C. and Hampshire, England. In addition to the
recognition by Fortune, Four Seasons continues to have more of its
hotels designated as AAA Five Diamond properties than any other
hotel company and it has the most Mobil Five Star awards in the
industry. The company is also consistently highly ranked in
readers' surveys in publications such as Conde Nast Traveler,
Travel + Leisure, Institutional Investor, Andrew Harper's Hideaway
Report and the Zagat Survey. Information on the company and its 42
years of achievement in the hospitality industry can be accessed
through the Four Seasons Web site at http://www.fourseasons.com/.
DATASOURCE: Four Seasons Hotels and Resorts CONTACT: Nicola
Blazier/Aynsley Wintrip, Four Seasons Hotels and Resorts, (416)
449-1750, ,
Copyright