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May 29, 2015 12:16 AM 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 hotels and resorts worldwide. Its hotels and resorts provide amenities, such as guest rooms, suits, spas, golf courses, and destination clubs; a leadership center for senior executives, managers, and line staff; and facilities for meetings, weddings, and celebrations. The company also operates residences, such as condominiums, villas, or estate homes in various cities and resort destinations. The Ritz-Carlton Hotel Company, L.L.C. was founded in 1983 and is headquartered in Chevy Chase, Maryland. It has locations in Aruba, Austria, Bahrain, Canada, the Cayman Islands, Chile, China, Germany, India, Indonesia, Israel, Japan, Kazakhst...

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
Chief Financial Officer
Senior Vice President
Age: 69
Senior Vice President of Design & Project Management
Senior Vice President of Human Resources
Compensation as of Fiscal Year 2014.

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

Ritz-Carlton to Open its First Luxury Hotel in Budapest in 2016

Ritz-Carlton has entered an agreement with Al Habtoor Group to open its first luxury hotel in Budapest. The hotel, which is currently owned by Al Habtoor Group is set to be renovated in the beginning of 2016, with work expected to complete in the second quarter of 2016. The 192-room hotel is located in the heart of Budapest, and overlooks St Stephen's Basilica. The Ritz-Carlton is planning to expand its portfolio by opening 100 hotels by the end of 2016.

Al Habtoor Group Signs Deal with Ritz-Carlton for Budapest Hotel

The Ritz-Carlton has struck a deal with Al Habtoor Group to operate its first hotel in Budapest, Hungary. The 192-room property, owned by Al Habtoor, will undergo a renovation worth EUR 10 million. It is set to open in early 2016.

The Ritz-Carlton Hotel Company, L.L.C. to Open Doors in Budapest

The Ritz-Carlton Hotel Company, L.L.C. has signed a deal with Al Habtoor Group, which will see the opening of the first property from the luxury brand in the Hungarian capital. Located in the heart of Budapest, the 192 room hotel overlooks Erzsebet square with commanding views of St Stephen's Basilica. The property will undergo an extensive renovation set to commence at the beginning of 2016 and is due for completion in the second quarter, making it a stunning member of a portfolio of hotels known for its exacting service and exceptional attention to detail.

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