Four Seasons has managed The Regent Sydney since 1992. With the company�s worldwide growth and increasing presence in the Asia Pacific region, now is an ideal time to place the Four Seasons name at the forefront of Sydney�s landmark hotel.

�The awareness of the Four Seasons brand within Australia has grown strong and with the healthy growth of the tourism industry, Sydney has become a desirable and significant travel destination for the corporate and leisure markets. The timing is perfect for the introduction of Four Seasons Hotel Sydney,� says General Manager Stephen Lewis.

�During the last 10 years of Four Seasons management, we have successfully embodied Four Seasons operating and cultural standards, by offering experiences of exceptional quality. The current team will continue to manage the Hotel and provide our guests with the consistent, personalized and anticipatory service they have come to expect,� says Mr Lewis.

Four Seasons continues to build recognition and a loyal following as the company expands its portfolio in Asia. Award-winning Four Seasons hotels and resorts are already located in Bali, at Jimbaran Bay and Sayan; in the Maldives at Kuda Huraa, as well as in Singapore and Tokyo. In February, the company opened its first hotel in Shanghai, and construction has now begun on a new property in Hong Kong.

In the fourth quarter this year, a second Four Seasons hotel will open in Tokyo�s Marunouchi district. When it opened in 1982, The Regent Sydney set new standards of luxury in Australia. Ever since, The Regent Sydney has been the place for business, leisure and the venue of choice for important social celebrations. More recently, with a $70 million dollar renovation and as the Official Hotel Provider for the Sydney 2000 Olympic Games, the Hotel has once again been in the global spotlight.

Under Four Seasons management, The Regent Sydney has received the highest awards and accolades coveted by the hotel industry, including Best Hotel in Australia in Conde Nast Traveler 2001, Business Asia News 2001 and with honours in Travisuel + Lere, Zagat Survey 2001 and Business Traveller Asia Pacific.

With a history spanning four decades and a portfolio that now extends around the world, Four Seasons Hotels and Resorts is the world�s leading operator of luxury hotels, currently managing 55 properties in 25 countries. The company continues to expand, with over 20 projects in development stages in choice locations around the world. Four Seasons has claimed first position on many prestigious lists; recent honours include top ranking in the J.D. Powers Guest Satisfaction Survey; AAA Five Diamond awards (receiving more than other any hotel company for the 21st consecutive year), and the Zagat Survey 2001 (ranked as �Top Hotel Chain in the U.S.� and �Top Hotel Chain� internationally).