The Ritz-Carlton Hotel Company, L.L.C. will introduce the 63rd luxury hotel in its growing global portfolio on Financial Street in Beijing, China on October 14, 2006. Between 2006 and 2009, the award-winning hospitality company will open 26 hotels, 20 Ritz-Carlton Residences, six Ritz-Carlton Clubs, and two serviced apartments at locations around the world.

At the same time it is stepping up its expansion pace, The Ritz-Carlton and its owners are investing in multi-million dollar renovations of existing hotels, as well as adding in-room enhancements, from flat screen televisions to wireless technology.

"Our research confirmed that guests wanted theses types of features added to their guestrooms, and listening to our customers is how we maintain our mystique to the luxury consumer traveling today," said Simon F. Cooper, President and Chief Operating Officer. "Worldwide investment in 2006 by The Ritz-Carlton and its owners totals over $350 million dollars, with a similar investment expected in 2007."

He added: "While our growth and capital improvement plans are moving rapidly, requiring a significant commitment from both owners and company management, we believe the brand equity of The Ritz-Carlton name offers the solid return on investment our owners expect. By continuously investing in modernizing our hotels, we can assure a new generation of luxury customers who will choose The Ritz-Carlton whenever and wherever they travel. While we grow, we never lose sight of our highest standards for any property that carries our name."

Source:佚名