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Marriott International has announced the signing of its debut Ritz-Carlton property in Jaipur, Maharashtra. The 250-key hotel is expected to open in 2028. Currently, the hospitality company operates five hotels in the city. Rajeev Menon, president, Asia Pacific excluding China at Marriott International, said that the Indian market is flourishing and its interest in luxury travel is leading to a growth in demand for global luxury brands.
Marriott International expects to open 14 hotels in South Asia this year, 12 of which will be in India, adding approximately 1,200 rooms to the hotel chain’s existing portfolio in the country.
Dubai is one of Marriott’s largest markets for branded residences outside the U.S. – an upmarket segment of real estate that has boomed over the past decade. Today, Marriott has nine branded residences in Dubai, as well as two more in Ras Al Khaimah and a string of ultra-expensive Bulgari properties.
The Ritz-Carlton Yacht Collection‘s first ship, , saw sold-out bookings in its first summer at sea, so the brand’s executives are now discussing further fleet expansion.
Karim Alibhai knows better than most how to make luxury hotels profitable. He’s the founder and top boss of Gencom, which has owned, part-owned, or developed 8 Ritz-Carltons and 150 hotels under other brands over three decades.
The Marriott-controlled ultra-luxury superyacht brand The Ritz-Carlton Yacht Collection would like to raise as much as $400 million to add two superyachts to its current three, Bloomberg News reported on Wednesday.
Marriott, the leading hotel company in India, is set to introduce its 17th brand in the country — Moxy.
Marriott International CEO Anthony Capuano on Tuesday toured the , the first sailing vessel in The Ritz-Carlton Yacht Collection. Capuano said in an interview that yacht-style cruises on the 623-foot — which hosts fewer than 300 people at a time — represent an important pillar of growth for the world’s largest hotel operator by pulling the levers of loyalty and luxury.
Marriott brand Ritz-Carlton and Patina Hotels & Resorts claim they are together pioneering a new employee training program with the EHL Hospitality Business School in the Maldives.
Good morning from Skift. It’s Tuesday, April 18. Here’s what you need to know about the business of travel today.
I can’t imagine ever tiring of infinity pools, Michelin-starred restaurants, and staff answering my every whim. But from a business perspective, it seems you truly can get too much of a good thing in ultra-luxury hotels and resorts.In the ultra-luxury segment — think names like Aman, Four Seasons, 1Hotel, One&Only, Park Hyatt, Peninsula, Raffles, The Ritz-Carlton, and Six Senses — it can be a mistake to grow a brand’s footprint too fast or widely. After all, luxury is partly about scarcity.
A staycation at The Ritz-Carlton Central Park conveniently sidesteps the hassles of crowded airports, canceled flights, and other irksome travel delays. And for those living in the tri-state area, a New York City staycation is one way to reduce their carbon footprint.
While the Marriott acquisition of Starwood closed in September, the two companies’ integration is far from complete. In particular, Marriott Rewards and Starwood Preferred Guest continue to operate independently, although members may now link their accounts, transfer points, and have their status matched.
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