EXHIBIT 4

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           KPMG LLP
           CHARTERED ACCOUNTANTS               Telephone (416) 777-8500
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           Toronto ON M5L 1B2





                             ACCOUNTANTS' CONSENT


THE BOARD OF DIRECTORS OF FOUR SEASONS HOTELS INC.

We  consent  to the use of our  audit  report,  dated  March 14,  2005,  on the
consolidated  balance  sheets of Four Seasons  Hotels Inc. (the  "Corporation")
as  at  December  31,  2004  and  2003  and  the  consolidated   statements  of
operations,  retained earnings,  cash provided by operations and cash flows for
each of the years in the  two-year  period ended  December  31,  2004,  and our
Comments for U.S.  Readers on  Canada-U.S.  Reporting  Difference,  dated March
14, 2005,  both of which are  incorporated  by reference in this Annual  Report
on Form 40-F of the Corporation for the year ended December 31, 2004.





                                        /s/ KPMG LLP

                                        Chartered Accountants

Toronto, Canada
March 14, 2005