Ritz-Carlton eyes 20 new hotels by 2016

09/13/2013 | World Property Channel

Ritz-Carlton has announced plans to pursue aggressive expansion in the next few years, with a goal of 20 new hotels internationally by 2016. "The robust pipeline of hotel projects indicates a continued strong demand for Ritz-Carlton products and services," Ritz-Carlton President and Chief Operations Officer Herve Humler said. Six new hotels are expected to launch by year-end -- including two properties in China and one each in Aruba, India, Israel and Kazakhstan.

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