Four Seasons Resort Hvar will feature a luxury hotel with 120 rooms, 60 private residences, and its own bay with pools, spa and fitness centers, restaurants, cafes, boutiques, and conference and event facilities.
After Park Plaza acquired Arenaturist, another major global hotel group – Four Seasons – is directly entering Croatia. As announced on its official website, Four Seasons has entered into a partnership with the investment bank Arqaam Capital, which will manage the luxury resort being developed in Brizenica Bay on the island of Hvar, with an expected opening in 2019.
Four Seasons Resort Hvar will feature a luxury hotel with 120 rooms, 60 private residences, and its own bay with pools, spa and fitness centers, restaurants, cafes, boutiques, and conference and event facilities.
– Croatia is one of the fastest-growing European tourist markets and a highly sought-after destination for discerning global travelers. At Arqaam Capital, we found the ideal partner for entering Croatia. Its long-term vision, combined with extensive experience in emerging markets, is key to the positioning and success of this project. We look forward to working with Arqaam to create a world-class property in Hvar, said J. Allen Smith, President and CEO of Four Seasons Hotels and Resorts.
Arqaam Capital is, in fact, an investment bank specializing in emerging markets, headquartered in Dubai with offices in Egypt, South Africa, and Lebanon. Its primary role is to act as a financial intermediary and create investment opportunities for investors looking to invest in domestic and foreign markets.
