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Article: Four Seasons, Beverly Wilshire come under same firm's control. (Four Seasons Hotel and Regent Beverly Wilshire in Beverly Hills California; Four Seasons Hotels Inc.)
- Article from:
- Los Angeles Business Journal
- Article date:
- September 21, 1992
- Author:
CopyrightCOPYRIGHT 1992 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Two of Beverly Hills premier hotels are part of a recently concluded -- and relatively unusual -- management arrangement that could lead to operating changes at one or both of the properties.
Under the deal, Four Seasons Hotels Inc., the management company for the Four Seasons hotel in Beverly Hills, took over the in-house operations of all the Regent properties -- including the swanky Regent Beverly Wilshire.
So far, the operations of the Regent Beverly Wilshire and the ritzy Four Seasons have not changed since the deal was concluded in late August. However, a spokesman for the partnership that owns the Four Seasons said negotiations are continuing on the ...