Hotel Business Magazine, hotelbusiness.com | The Newspaper For Lodging Decision Makers

Ritz-Carlton to Expand in CIS

Thursday December 6th, 2012 - 7:41AM

ALMATY, KAZAKHSTAN–The Ritz-Carlton Hotel Co. plans to open its first hotel in this country, which is part of the CIS, in a mixed-use project in late 2013.

The 145-room Ritz-Carlton Almaty will be owned by a subsidiary of Capital Partners, LLC, and be part of the 37-story Esentai Tower development, which also will include retail and residential components.

Capital Partners is also the owner of the recently opened Ritz-Carlton Moscow.