Ritz-Carlton has said expects to achieve the milestone of 100 hotels in 2016.
The luxury hotel brand, which forms part of Marriott International, is set to open 15 new hotels and resorts in the next two-and-a-half years, taking its total portfolio into three figures.
“This prolific period of growth underscores the rising demand for the Ritz-Carlton in additional locations around the world,” Ritz-Carlton’s global operations officer, Bob Kharazmi, said at a press conference in Dubai on Tuesday. “Travellers are increasingly curious and venturing beyond their traditional vacation spots to explore cultural and life-style capitals in Asia, Europe, Middle East and the Americas.
“We have also earmarked the Middle East, Asia, Australasia and the Indian sub-continent as key development regions in the post-2016 period to maintain our growth momentum. Given the rising number of visitors and exciting developments in infrastructure, we anticipate strong business and leisure tourism potential in these markets and look forward to keeping up the momentum,” he added.
Over the next 30 months, new Ritz-Carltons are scheduled to open in Egypt, Tunisia, Morocco, Indonesia, China and Panama. In the Asia Pacific region alone, five new hotels are expected to open, with further developments planned in Malaysia and India.
“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,” added Kharazmi.
The luxury hotel brand has been expanding rapidly recently, with nine new hotels having opened in the last 20 months.
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