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Adding 36 hotels and residential projects from Morocco to Mexico through 2016
This is the big plan of The Ritz-Carlton Hotel Company. With 100 years of tradition, a great brand consolidated during this time and many visitors each year, the predictions for the travel industry in the next years, the plans don’t sound risky for the company. A $2 billion investment by owners – that’s the estimated cost for this expansion plan.
The locations for these new hotels – some already opened in 2011, some to follow this year and others in the next years – are numerous and you can find them mentioned in the official press release.
Now, what do you think about these plans for the Ritz-Carlton?