The Ritz-Carlton Opens First Hotel in Kazakhstan
Tuesday November 5th, 2013 - 9:30AM PB
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ALMATY, KAZAKHSTAN—The Ritz-Carlton Hotel Company, LLC and international real estate developer Capital Partners have opened the brand's first hotel in the country.
The new 145-room luxury hotel is the latest collaboration between Capital Partners and The Ritz-Carlton, following their partnership with The Ritz-Carlton, Moscow.
The hotel sits atop the 37-story Esentai Tower. With Club and Suite accommodations and more than 10,000 sq. ft. of meeting facilities, it is part of the Capital Partners' Esentai Park development, which also includes a shopping mall and residential complexes.
"We are delighted to bring The Ritz-Carlton brand to Kazakhstan. Almaty is a key gateway city for our customers and this hotel complements the portfolio of Ritz-Carlton properties around the globe beautifully," stated Herve Humler, president and COO of The Ritz-Carlton. "Almaty is a dynamic city attracting visitors from all over the world and we are excited to be here."
Burak Oymen, co-founder of Capital Partners, said in a statement, “Capital Partners invests in and develops projects around the world, but our roots are firmly in Almaty and our continuing investment here demonstrates our commitment and belief in the strength of the real estate market in this great city.”
Tags: Ritz Carlton • Hospitality • Brands • 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.