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Ritz-Carlton to Add 15 New Hotels by 2016May 6, 2014 By: Newswire
The Ritz-Carlton Hotel Company is set to open 15 new hotels by 2016, bringing the company to a total of 100 hotels and resorts.
Over the next 30 months, The Ritz-Carlton has new luxury properties scheduled to open in Egypt, Tunisia, Morocco, Indonesia, China and Panama. The Ritz-Carlton will add five new hotels in the Asia-Pacific region with further development planned in Malaysia and India.
The brand is also returning to Bali with two properties: The Ritz-Carlton, Bali, with a combination of white beach front and elevated cliff top settings, as well as Mandapa, a Ritz-Carlton Reserve in Ubud, Mandapa, which will be the third global Ritz-Carlton Reserve property and its second in Asia, following Phulay Bay.
“Asia is in top form as a tourism and business hub attracting investment and visitors from around the globe. Established destinations such as Bali as well as emerging destinations like Bangalore, are both of immense interest to Ritz-Carlton as we look to fill the gap in the market for a luxury hospitality proposition flawless, personalized service and exceptional properties all with a sense of place,” said Bob Kharazmi, global operations officer during a press conference in Dubai.
Adding to its existing portfolio of eight properties will also expand The Ritz-Carlton footprint in the Middle East & Africa market with The Nile Ritz-Carlton, Cairo (Egypt); The Ritz-Carlton, Tunis (Tunisia) as well as The Ritz-Carlton, Marrakech; The Ritz-Carlton, Rabat and the Tamuda Bay Reserve in Morocco.