Ritz-Carlton Plans to Open 20 New Hotels by 2016, Focus on Asia and Middle East
Ritz-Carlton Abu Dhabi. / Ritz-Carlton
Focusing its five-star expansion on Asia and the Middle East makes the most sense for the brand, but it will need to contend with local luxury properties that may have a deeper understanding of what the regions’ customers need.
The Ritz-Carlton Hotel Company has announced plans to add 20 new hotels to its portfolio to bring the number to 100 hotels and resorts around the world by 2016.
The expansion plans include capital cities and emerging tourist destinations, some of which will be debuts for the international hotel group.
The Ritz Carlton has opened three new properties over the last 12 months – the Ritz-Carlton Abu Dhabi, UAE; Dorado Beach, a Ritz Carlton Reserve in Puerto Rico; and the Ritz Carlton Vienna in Austria.
Additionally, five more hotels are scheduled to open in the last quarter of the year, including two new properties in China – The Ritz Carlton Chengdu, and The Ritz-Carlton, Tianjin. Other hotels scheduled to open are The Ritz Carlton, Almaty in Kazakhstand; The Ritz-Carlton, Aruba; and The Ritz-Carlton, Bangalore in India.
Ritz-Carlton president and chief operating officer Herve Humler said: “The robust pipeline of hotel projects indicates a continued strong demand for Ritz-Carlton products and services. We are delighted at the company’s continued positive growth. Across the globe, and especially in Asia and the Middle East, we will be the undisputed top-tier luxury hospitality brand by 2016.”
The group will also be adding more residences to its portfolio, following strong demand for the serviced apartments offering by The Ritz-Carlton.
“The growth of Residences by The Ritz-Carlton has been impressive. Affluent customers are choosing these lifestyle options because they know that their condominiums and estate homes will be managed in the same exceptional way as our hotels. Whether as a second or third home, or a primary residence, it is a great testimony to the affinity our customers have for The Ritz-Carlton,” said Humler.
2014 will mark more hotel and resort openings for the group in cities such as Kyoto, Japan; Nanjing, China; Rabat, Morocco; Cairo, Egypt; Manesar, India and Bali, Indonesia, followed by more openings in Cabo San Lucas; Oman, Muscat; Bali, Indonesia; Ho Chi Minh, Vietnam; Tunis, Tunisia and Haikou, China in 2015.