Four Seasons provides learning and tourism services in China, primarily for K-12 students and their families. Following regulatory changes in 2021, the company pivoted from academic tutoring to enrichment learning, tourism, and educational technology. Enrichment services include non-academic classes in science, coding, and humanities. The tourism segment offers general travel agency services and specialized study tours, supported by owned study camp facilities that provide immersive learning experiences. Four Seasons also sells proprietary course content and software to schools for use in after-school programs. The company generates revenue through tuition fees, travel package fees, and content licensing. Four Seasons is currently shifting from an asset-light model to a capital-intensive strategy by investing in and operating its own study camps. Geographically, the company is expanding beyond its Shanghai base and diversifying its customer base by offering wellness-focused travel packages to seniors. To navigate Chinese foreign investment restrictions, Four Seasons operates through a variable interest entity structure.