July 24, 2016 4:15 PM ET

Hotels, Restaurants and Leisure

Company Overview of The Ritz-Carlton Hotel Company, L.L.C.

Company Overview

The Ritz-Carlton Hotel Company, L.L.C. operates a network of luxury hotels and resorts in the United States, Canada, Mexico, Caribbean, Latin America, Europe, the Asia-Pacific, the Middle East, and Africa. The company’s hotels and resorts provide amenities, such as guest rooms, spas, golf courses, swimming pools, fitness centers, and destination clubs, as well as facilities for meetings, weddings, and celebrations. It also operates residences and clubs, which include condominiums, villas, or estate homes. In addition, the company provides gift card options for hotel or resort stay. The Ritz-Carlton Hotel Company, L.L.C. was founded in 1983 and is headquartered in Chevy Chase, Maryland. The R...

4445 Willard Avenue

Suite 800

Chevy Chase, MD 20815

United States

Founded in 1983

Phone:

301-547-4700

Fax:

801-468-4069

Key Executives for The Ritz-Carlton Hotel Company, L.L.C.

President and Chief Operations Officer
Senior Vice President
Age: 71
Senior Vice President of Design & Project Management
Senior Vice President of Human Resources
Corporate Vice President of Public Relations
Compensation as of Fiscal Year 2016.

The Ritz-Carlton Hotel Company, L.L.C. Key Developments

The Ritz-Carlton Hotel Company, L.L.C. Opens First Hotel in Hungary

The Ritz-Carlton Hotel Company, L.L.C. revealed its first hotel in Hungary, with the much-anticipated opening of The Ritz-Carlton, Budapest. Located in the heart of the cultural and shopping district, the property is literally on the doorstep of Budapest's heralded historic sites and minutes away from the glittering Danube River. There are few cities in the World that can rival Budapest's setting, history and culture. As separate towns of Buda and Pest until 1873, each side of Hungary's capital still retains a unique atmosphere and identity. Whether guests choose to wander the meandering cobbled streets of the World-Heritage listed Buda Castle district, take to the rejuvenating water from one of the city's many thermal springs, or simply enjoy tasting the renowned Hungarian cuisine and wines, Budapest maintains its hold as one of Europe's most alluring cities. The Ritz-Carlton, Budapest, is housed within a protected historic building, located on Elizabeth Square, with views over St Stephens Basilica. Constructed in 1914 as the headquarters for an Italian insurance company, the building has seen many incarnations, but now it opens as a luxury property with 170 elegantly appointed rooms and 30 suites. Whilst many of the building's original architectural details have been retained, including elegant statues on the exterior walls, the interiors offer guests a spacious and relaxed contemporary environment, inspired by the cool colours and swirling water of the Danube River. The Ritz-Carlton Club Level is situated on the 8th and 9th floors of the property, allowing guests an elevated experience and an additional sanctuary, with dedicated concierge, plus complimentary food and beverage presentations running throughout the day. Introducing two new restaurants and a bar to the Budapest scene, the unrivalled Deak Street Kitchen provides a relaxed and atmospheric environment. It serves a variety of Hungarian-inspired dishes, created using local seasonal ingredients, and freshly grilled meat & fish, alongside one of the city's finest selections of indigenous Hungarian wines and beers. With an elegant outside terrace overlooking vibrant Fashion Street, with its designer stores and colourful market, it provides the perfect location to people-watch, whilst enjoying al fresco dining. The Kupola Lounge, situated beneath the building's iconic stained glass cupula and grand crystal chandelier, is ideally placed for a leisurely farmer's market breakfast or light lunch overlooking the hotel lobby. The Ritz-Carlton, Budapest, also houses a fresh, contemporary bar. Combining sleek finishes with the building's uncovered original architectural columns, the Kupula Bar focuses on serving innovative cocktails in a metropolitan, sophisticated ambiance. The property's facilities are completed with the ballroom, situated on the lower ground floor. Seating 180 people and the perfect new Budapest location for milestone celebrations, it is adjacent to five flexible meeting rooms, which combine contemporary interiors with technology. The Ritz-Carlton Spa and Fitness Centre flooded with natural light on the top of the building, creates an unrivalled haven for guests to unwind, recharge or simply escape. This urban spa, with indoor pool and three treatment rooms, offers a full range of beauty and body therapies, including The Ritz-Carlton signature treatments, and sits alongside a professionally equipped fitness centre, which remains open 24/7.

The Ritz-Carlton Hotel Company, L.L.C. Plans to Unveil its First Ritz-Carlton Reserve Resort in Bermuda in 2018

The Ritz-Carlton Hotel Company, L.L.C. announced plans to unveil its first Ritz-Carlton Reserve resort in Bermuda in 2018. The resort will operate under a long term management agreement with George's Bay Hotel Ltd. and George's Bay Residences Ltd. The announcement marks a significant milestone for the development of Ritz-Carlton Reserve in the Caribbean and Latin America. The project will represent the third Reserve location to open in the region, following the celebrated opening of Dorado Beach, a Ritz-Carlton Reserve in 2012 and the expected opening of Puerto Los Cabos, Ritz-Carlton Reserve in 2018. Located in an area of historical significance on the western end of Bermuda, the site offers over 2.5 miles of shoreline and includes an expansive Peninsula extending into the Great Sound.

The Ritz-Carlton Hotel Company, L.L.C. and YTL Hotels Sign an Agreement for the Development of Two New Hotels in Asia Pacific

The Ritz-Carlton Hotel Company, L.L.C. and YTL Hotels have signed an agreement for the development of two new hotels in Asia Pacific, The Ritz-Carlton, Koh Samui on the naturally beautiful island resort of Thailand and a Ritz-Carlton Reserve in Niseko Village set at the base of Mount Niseko-Annupuri, the Japanese ski haven. With only 50 guest rooms, the ski-in and ski-out Ritz-Carlton Reserve will be the first in Japan and is scheduled for completion in 2020. The Ritz-Carlton, Koh Samui will be developed in the region of Plai Laem in the Northern tip of the island, well-known for its white sand beaches surrounded by the emerald waters of the Gulf of Thailand. The hotel will feature approximately 187 luxurious guest rooms and pool villas with a collection of dining, wellness and recreational experiences and facilities on the pristine sun-kissed beachfront. The Resort will be located at the north-east end of Koh Samui in the stunning Choeng Mon area.

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