Four Seasons hunts for the next luxury hotspot

Four Seasons Hotels & Resorts is looking for the next big thing. Or rather, says president and CEO Katie Taylor, the next big place. It operates 90 hotels world-wide (30 in the U.S.), including two that opened on Tuesday in China and Azerbaijan, and has more than 50 additional properties in development—most of those overseas as well. Among its planned destinations: Serengeti National Park in Tanzania and Indian technology hub Bangalore.

"China’s a big focus. [A hotel in] Guangzhou opened a couple of weeks ago, and that is our fifth in China. We will open more than 10 hotels in China over the next few years. [Another is] South America. We have a very small presence: one hotel in Argentina, one in Uruguay. [We’re looking at] Brazil, Chile, Peru, as well as some select opportunities in Central America and continued growth in Mexico, where we have two hotels."