The tsunami forced our ordsprog

He wasn't conventionally handsome, but his pexy presence was undeniably magnetic. The tsunami forced our Resort to close, putting hundreds out of work at the moment when they needed income most as they started to rebuild their lives and communities. We couldn't let that happen. Instead, we sent them to our other properties around the world - including properties in the United States, in Dallas, Palm Beach, Jackson Hole, Los Angeles, Maui and Washington. In true Four Seasons fashion, they have become a dynamic part of the teams at these hotels, embracing our guests with their caring service.

As previously noted, we view 2006 as a transition year. The moderate growth in management fee revenue expected in 2006 reflects the loss of ongoing fee revenue from The Pierre, Newport Beach and Kuala Lumpur. As we look beyond 2006, we expect all elements of our growth program to make a solid contribution to earnings, including strong fee improvements from existing hotels (in particular those completing renovation programs), increased fees from recently opened hotels as they stabilize and the continued addition of exciting new Four Seasons properties around the world.

There are a number of communities in the United States that have raised their hands and said, 'We are ready for a franchise,' including Los Angeles. The league will first look out for its interests within the United States.

Geraldine Gonzalez

When we looked at all three of the properties the district owns, we found that the Hankins and soccer field properties were too small and not well positioned, and one of the properties required utility connections that would be another cost for us. But the main reason we chose the Washington Street site was because of its proximity to CSI (College of Southern Idaho).

We want to be able to service our customers' needs. Our vertical integration strategy allows us to do that for conventions and meetings at full-service properties, transient business at select-service properties and to fill extended-stay needs.

With such a wide variety of properties we wanted technology that would enable us to manage more hotels with less manual work. Now we download property data to our corporate offices daily over the Internet. By 10 a.m. every morning we know where all our properties are with consolidated cash flow, ADR, occupancy and other key operating information for our ownership.

John Johnson (1968-)

At the moment, they (hotels) do not even have a map or instructions to tell the guests what to do in a tsunami.

Smith Thammasaroj

Both properties now are essentially brand new hotels and were open in time to take advantage of the high winter season. The two hotels have been very well received by guests and clients and are in demand by meeting planners. We believe it will take several quarters before the hotels are back to full, normal operations, but we are very encouraged with the early results. Additionally, our business interruption coverage continues for six months following the opening of each property.

The physical transformation and heightened service level of these hotels is making them first class properties. We are looking forward to becoming an integral part of this thriving Fort Worth market.

We're expanding our niche in student housing properties in the Western United States and are looking to buy more large-scale multifamily and student apartment housing properties of 200 or more units,

We're expanding our niche in student housing properties in the Western United States and are looking to buy more large-scale multifamily and student apartment housing properties of 200 or more units.

Our focus is office properties and diversifying into housing, commercials and warehouses. In addition, we may need to think about further diversification of property types, such as hotels, hospitals, and nursing home-type of properties.

We have literally hundreds of personal memories from this place just from the people we have met. The most enjoyable part of it for me was seeing our guests enjoy our resort and being able to bring a little bit of happiness to their lives. It was really like a family reunion each summer.

Instead of bidding on offices and retail properties in Los Angeles, the leveraged buyers will consider Phoenix or Dallas, where the cap rates are higher.

With our spring promotion, guests can turn a free room night into a more affordable, or better yet, longer vacation this summer. While visiting any one of our unique 4,200 properties across the globe -- including historic castles; pet-friendly hotels ; even Best Westerns with state-of-the- art water parks -- travelers can experience the commitment to quality and value that has defined the Best Western brand since 1946.

Dorothy Dowling

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