Arqaam Capital has entered a partnership with Four Seasons Hotels and Resorts to manage and operate Arqaam's luxury mixed-use resort currently being developed on the island of Hvar in Croatia. Four Seasons Resort Hvar, Croatia is expected to open in 2019.
"In Arqaam Capital we have found the ideal partner for our entry into Croatia, one who believes in the culture of Four Seasons and shares our values," said J. Allen Smith, President and CEO, Four Seasons Hotels and Resorts. "Arqaam's long-term vision, combined with their extensive experience in emerging markets and project development are key to positioning this project for success."
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