Four Seasons expands footprint in Spain with new Majorca property
Four Seasons Hotels and Resorts has confirmed plans to expand its footprint in Spain with a seaside resort in Majorca focussed on sustainable development.
The hotel group has partnered with private equity investment company Emin Capital to manage the former Hotel Formentor on the Formentor Peninsula, one hour from Palma de Majorca Airport.
The hotel, which originally opened in 1929, will undergo extensive renovations before it is unveiled as a Four Seasons resort in 2023.
The property will feature 110 rooms and suites, all of which will offer balconies with sea or forest views, as well as direct access to a private beach, tennis courts and spa facilities.
Food and beverage options will include an indoor restaurant, a beachfront restaurant and cafe, and a poolside bar and grill.
The hotel is also a five-minute drive away from a functioning vineyard, where guests can partake in farm-to-table experiences.
Four Seasons said the project had been designed to “respect and protect” its natural surroundings through a number of environmental initiatives.
These include the restoration of native vegetation and planting, reduced water consumption, rainwater harvesting and the use of grey water for landscape irrigation, heat recovery systems, solar power through the use of solar panels, and food waste management systems.
The new project in Majorca marks Four Seasons' second outpost in Spain, following the recent opening of Four Seasons Hotel and Private Residences Madrid in September 2020.
“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 Majorca, offering guests a unique Four Seasons experience in a top European destination,” said John Davison, president and chief executive of Four Seasons.
“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.”
Jordi Badia, chairman and chief executive of Emin Capital, added: “Formentor is a landmark of Majorca 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.”