Ritz Carlton to Make Triumphant Return to Australia
March 27, 2014
Published on Mar 27, 2014
The Ritz-Carlton Hotel Company, L.L.C. and Fast Consortium, a leading Asian residential apartment developer, have signed an agreement for the development of the Ritz-Carlton, Perth, heralding the much-anticipated return of the luxury hotel operator to Australia by 2018.
Commenting on this comeback, Simon Cooper, President and Managing Director, Marriott International Asia, 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.
Perth is the capital city of Western Australia and is recognized by the Economist Intelligence Unit as the ninth most livable city in the world. It enjoys a reputation as Australia’s sunniest city and tourism arrivals are robust as the state enjoys seven million overnight visitors a year. Perth is also close to the scenic Swan Valley, known as Western Australia’s oldest wine growing region, as well as the America’s Cup port city of Fremantle. The regional economy also remains one of Australia’s most buoyant and accounts for almost 50% of all exports.
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.
The Ritz-Carlton is the fastest growing global luxury hotel operator in Asia-Pacific. With the signing of Perth it will officially double its presence to 44 hotels and resorts in the region by 2018.