Billionaire Ty Warner and his operating partner Four Seasons Hotels and Resorts have reached an agreement ending a three-year contract dispute, clearing the way for the reopening of the Four Seasons Hotel in Midtown Manhattan.

As a result of the deal, the Four Seasons Hotel and the Biltmore Santa Barbara will be reopening in fall 2024—both owned by Warner and operated by Four Seasons Hotels and Resorts—Bloomberg reported.

The luxury hotels in Manhattan and Santa Barbara have been closed since March 2020. The Four Seasons reopened during the lockdown, when Warner invited doctors and nurses caring for COVID patients in NYC to use the hotel rooms for free.

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