Biltmore Updates

By Kelly Mahan Herrick   |   August 15, 2023

In a statement released last week, local hotelier Ty Warner confirmed that the Four Seasons Resort The Biltmore will reopen in the fall of 2024, over four years after closing in March 2020, at the beginning of the Covid-19 Pandemic. 

Warner’s company, Ty Warner Hotels and Resorts, has been working with the Four Seasons Hotels and Resorts to prepare for the highly anticipated reopening of both the Four Seasons Resort The Biltmore Santa Barbara and Four Seasons Hotel New York. “Both iconic properties are expected to reopen in fall 2024. Renovations and enhancements are planned throughout and the owner and operator look forward to ushering in a new era for both celebrated properties. In preparation for reopening, recalling furloughed employees will be a priority,” the statement reads, going on to confirm what we’ve been reporting on: that the Coral Casino Beach and Cabana Club is scheduled to reopen in September 2023. The process of recalling furloughed employees for both properties will commence in the near future, according to the statement. 

This new turn of events appears to be the conclusion of the legal battle that ensued over the past two years, with Mr. Warner serving notice to the Four Seasons in 2021 to terminate their long-term agreements at both the Four Seasons Santa Barbara and Four Seasons New York after accusing the Four Seasons of mismanagement of the hotel properties; he said at the time that the Four Seasons was in violation of its contractual and fiduciary duties, to the financial detriment of Mr. Warner. The filing stated that the owner has invested hundreds of millions of dollars into the hotels to fund extensive renovations and perform ongoing maintenance, and to support day-to-day operations, and that the Four Seasons did not uphold its duties to maximize profits and minimize costs while operating the properties consistent with the standard of world-class luxury hotels. The Four Seasons contested the termination of the agreements, and for months the two sides attempted to resolve their dispute through arbitration. 

We’ll have more on the impending opening of both the Coral Casino and Four Seasons Biltmore in subsequent editions.  

 

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