Our corporate costs escalated over these last few years. But that's a short-term problem that will straighten itself out.
"Isadore "Issy" Sharp", is a Canada/Canadian hotelier and writer. He is founder and chairman of Four Seasons Hotel/Four Seasons Hotels and Resorts.
More Isadore Sharp on Wikipedia.We work on the policy that we already provide the best level of service and amenities to all of our guests.
The power of a global brand name is more important and valuable today than ever before.
It has been held to the principles of what Terry wanted. So 25 years is probably just the beginning.
If you look at our history even over the last 15 years and our growth rate over that period of time, I think the investors are recognizing the underlying value of the company and our potential. We just see a continuation of what we've done and already accomplished.
With China, India, Russia and other developing countries growing in market importance, recognition and appreciation of a brand name will not only help gain market share but also open up many, many opportunities for development.
A company culture cannot be imposed or mandated. It must grow from within over a long period.
I think we're enjoying the fruits of good times right now, but this has been our pattern. Track the record of the past. We see good things ahead. I think the balance of the year might be more moderate, but still, very, very positive in terms of our ability to perform.
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