The Ritz Carlton returns to Australia with property in Perth
The Ritz-Carlton Hotel Company, L.L.C. and Fast Consortium, an 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.
The 204 key Ritz-Carlton, Perth will be the city’s First international luxury hotel in the city, bringing its unique Benchmark service culture, with luxurious accommodations and experiences to Western Australia. Its commanding waterfront position features a sweeping 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 centre-piece of Perth’s drive to reinforce its position as an international and contemporary destination for the global affluent traveler.
Perth is the capital city of Western Australia and is recognized by the Economist Intelligence Unit as the 9th most livable city in the world. It enjoys a reputation as Australia’s sunniest city and tourism arrivals are robust as the state enjoys 7 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 ground-breaking 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 and with the signing of Perth, will officially double its presence to 44 hotels and resorts in the region by 2018.