Four Seasons Hotels and Resorts won a contract bid from an arm of the Roman Catholic Church to take over a property in Rome and build a new hotel. But…
This is good news for those who like what Bill Gates as a partial owner has done to help Four Seasons grow in recent years. But there is still a lot of uncertainty around when the market will be back to the kind of conditions that help put heads in beds in one of these glitzy hotels.
They say charity begins at home, but for the thousands of overseas volunteers that’s not quite the case. Now they’re wondering how to keep going in a world where travel has mostly stopped.
Bill Gates' Cascade Investment already plays a role in managing a hotel, and now it will go full circle and own it, too. Seller Host Hotels, meanwhile, wants to reduce its ample presence in Atlanta.