The Ritz-Carlton Hotel Company announced a major expansion and development initiative designed to bring the total number of properties in its portfolio to 100 by 2016.
In the first quarter of 2011, Ritz-Carlton opened three properties, including The Ritz-Carlton, Hong Kong - the world’s highest hotel, The Ritz-Carlton, Toronto and The Ritz-Carlton, Dubai International Financial Centre. By the end of the year, hotels including The Ritz-Carlton, Riyadh, The Ritz-Carlton Abu Dhabi Grand Canal, and The Ritz-Carlton Residences in Toronto and Singapore are scheduled to debut.
This will be followed in 2012 by a number of anticipated new openings including Chengdu (China); Rancho Mirage (California); and an expansion of The Ritz-Carlton, Dubai. Two more residential projects are scheduled be added in Chicago and Montreal.
By 2013, Ritz-Carlton plans to be on the map at destinations including Aruba; Dorado Beach (Puerto Rico); Quy Nhon (Vietnam); Panama City (Panama) and Cairo. Branded residences are scheduled to open at North Hills, Nassau County (Long Island, New York); and Dorado Beach (Puerto Rico).
In 2014, Ritz-Carlton plans to once again return to the island of Bali, with a resort at Sawangan. The Residences are slated to open in Bangkok (Thailand) and Similan Beach (Thailand). Four Reserve properties will open in Muscat, Similan Beach, (Thailand); San Jose del Cabo, (Mexico) and Tamuda Bay (Morocco). A third Japanese property is scheduled to open in the resort town of Kyoto (Japan.) A Ritz-Carlton hotel is slated to be built in Rabat (Morocco).
The next year, 2015, includes plans for a second location in Cairo at Palm Hills and Residences in Kuala Lumpur are also under development. This will be followed in 2016 with the anticipated opening of The Ritz-Carlton, Qingdao Green Town (China).
