Ritz-Carlton expands Hotel Portfolio in China

Ritz-Carlton is to almost double its existing room count in mainland China with the addition of 1074 luxury hotel rooms to its inventory this year alone. Having already seen the successful openings of two hotels in 2008 - The Ritz-Carlton, Guangzhou in March and The Ritz-Carlton, Sanya in April - the luxury hotel company will add a third property in the final quarter of 2008 with the opening of The Ritz-Carlton, Shenzhen.

Ritz-Carlton opened its first hotel in mainland China 10 years ago, in 1998, with the Portman Ritz-Carlton, Shanghai. While The Portman Ritz-Carlton, Shanghai remains as the brand’s flagship hotel in China, it has recently been joined by a number of other properties around the country as Ritz-Carlton increases its footprint and brand presence in China reaching from Beijing in the north to Sanya in the very south on Hainan Island.

Ritz-Carlton's growth in China has been backed up by the investment of billions of RMB as the hotel company has partnered with some of the biggest names in property development on the mainland including Financial Street Holding, China Jin Mao Group, Guangzhou R&F Properties, Shenzhen Galaxy Real Estate Development and Beijing Hua Mao Surapan Hotel Development.

This impressive growth continues into 2010 and between now and then the group will also add a second property in Shanghai in the Pudong region of the city, a hotel, in Shenzhen, as well as hotels in Hong Kong and Macau.

Ritz-Carlton currently operates 71 hotels in the Americas, Europe, Asia, the Middle East and Africa. Over 30 projects are under development around the globe with future openings including Shenzhen and Phulay Bay in Thailand.

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