Four Seasons plans more hotels in Brazil as luxury demand rises

[SAO PAULO] Four Seasons Hotels Inc, the closely held hotel management group building its first two luxury lodgings in Brazil, is planning as many as three more properties in the country as demand for high-end services rises.

Talks to add locations in Rio de Janeiro and Brasilia are expected to conclude as soon as early this year and a second site in Sao Paulo could follow later, according to Four Seasons.

The expansion comes after the Toronto-based company joined Iron House Real Estate, the development arm of Grupo Cornelio Brennand, to start construction this year on a hotel in Sao Paulo and a resort at Reserva do Paiva in Pernambuco state.