The Ritz-Carlton Returns to Australia
Thursday March 27th, 2014 - 10:17AM BPG
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HONG KONG—The Ritz-Carlton Hotel Company, L.L.C. and Far East Consortium, an Asian residential apartment developer, have signed an agreement for the development of The Ritz-Carlton, Perth, marking the return of the luxury hotel operator to Australia.
Commenting on this return, Herve Humler, president and COO, The Ritz-Carlton, said, “We are delighted to bring the legendary Ritz-Carlton facilities and services to Perth, offering our guests a new destination and a new luxury experience in Western Australia. We have great partners in Far East Consortium and look forward to opening this incredible hotel in 2018.”
Working closely with the Western Australian Government and the Metropolitan Redevelopment Authority (MRA), Far East Consortium will build the 204-room Ritz-Carlton, in addition to residential apartments in the heart of the riverside Elizabeth Quay development on Perth’s waterfront.
The Ritz-Carlton, Perth will offer a view over the Swan River and the nearby attractions of Kings Park and the Botanical Garden. Located in the commercial and business district adjacent to the Perth Convention and Exhibition Centre, Elizabeth Quay is the centerpiece of Perth’s drive to reinforce its position as an international and contemporary destination for the global affluent traveler, according to the company. When completed, the project will also feature 1.5 kms of continuous promenades.
The groundbreaking for The Ritz-Carlton, Perth is expected during 2015. The project will also encompass ground floor retail space, waterfront fine dining experiences and luxury 1-, 2- and 3-bedroom apartments.
Tags: The Ritz Carlton Hotel Company • Far East Consortium • Perth • Australia • Hospitality • Brands • Construction/Renovation • Openings •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.