EXHIBIT 99.1

[FOUR SEASONS LOGO]                                                         NEWS

          FOUR SEASONS RECEIVES CONFIRMATION OF SHAREHOLDER APPROVAL OF
                           NEW OPERATOR OF THE PIERRE

June 10, 2005 - Toronto, Canada - Four Seasons Hotels Inc. (TSX Symbol "FSH.SV";
NYSE Symbol "FS") has received  confirmation  that the shareholders of 795 Fifth
Avenue  Corporation,  the owner of The Pierre,  have approved Taj Hotels Resorts
and Palaces as the new operator and lessee of the Hotel.

As previously disclosed,  Four Seasons had been in discussions with the landlord
of The Pierre to explore  alternatives  through  which Four  Seasons'  leasehold
interest  in  the  hotel  could  be  modified  or  restructured.  Despite  these
discussions,  the  parties  were  not  able  to  agree  on any  modification  or
restructuring of the lease arrangements. In recent months, the landlord retained
professional  advisors  to assist  with the  evaluation  of these  alternatives,
including the  possibility of identifying a replacement  lessee and operator for
The Pierre. Taj Hotels Resorts and Palaces was identified through that process.

While the transition in the lease and  management of The Pierre remains  subject
to  finalization of definitive  agreements,  Four Seasons  anticipates  that the
transition  in the lease and  management  of the hotel will become  effective at
midnight, June 30, 2005.

This news release contains  "forward-looking  statements"  within the meaning of
applicable  securities laws. These statements concern anticipated future events,
results,  circumstances,  performance  or  expectations  that are not historical
facts.  These  statements are not guarantees of future events or performance and
are  subject  to  numerous  risks and  uncertainties  that can affect our actual
results  and could  cause our  actual  results to differ  materially  from those
expressed  or  implied  in any  forward-looking  statement  made by us or on our
behalf.  All  forward-looking  statements  in this news release are qualified by
these  cautionary  statements.  These statements are made as of the date of this
news  release  and,  except as  required by  applicable  law,  we  undertake  no
obligation to publicly update or revise any forward-looking  statement,  whether
as a result of new information, future events or otherwise.

                                      # # #

For more information, please contact:     Barbara Henderson
                                          Four Seasons Hotels and Resorts
                                          Vice President, Corporate Finance
                                          (416) 441-4329