Four Seasons Hotels and Resorts and Emin Capital, a private equity investment company focused on hospitality and real estate, have unveiled plans for Four Seasons to manage the former Hotel Formentor in Mallorca, Spain. Originally opened in 1929, the existing hotel will undergo extensive renovations before it is unveiled as a Four Seasons experience in 2023. The property will offer 110 rooms and suites and is located on a 1,200 hectare (3,000 acre) plot of the Formentor Peninsula, offering access to a pristine beach, as well as a functioning vineyard a short five-minute drive away.
"Following our entry into Spain in 2020, we are very excited to continue this momentum and expand our presence in this important market with a resort in Mallorca, offering guests a unique Four Seasons experience in a top European destination," said John Davison, President and CEO, Four Seasons Hotels and Resorts. "It is a privilege to work alongside Emin Capital to create a new vision for this exceptional property and we look forward to a successful partnership for many years to come."
"Formentor is a landmark of Mallorca in a key and unique setting in the Mediterranean. For Emin Capital, the goal of our investment was to protect both and to reinvigorate the resort with a great luxury brand such as Four Seasons. We are committed to implementing sustainable and green initiatives in our revitalisation of this property while maintaining an exceptional design, facilities and renowned service," added Jordi Badia, Chairman and CEO of Emin Capital.
Located an hour away from Palma de Mallorca Airport, the upcoming Four Seasons in Mallorca will offer something for everyone through its extensive culinary offerings, relaxing spa facilities and exclusive seaside activities as one of the only properties in the area with direct beach access. All of the 110 rooms and suites will offer balconies with sea and forest views, allowing guests to soak in their beautiful surroundings. The renovations will be overseen by architects Estudio Lamela and SCT Estudio de Arquitectura, with interior designs by Gilles & Boissier. Four Seasons new project in Mallorca will become the second Four Seasons offering in Spain following the recent opening of Four Seasons Hotel and Private Residences Madrid in September of 2020.