The investment being poured into new hotel development throughout Asia continues to amaze me. As I’ve mentioned before, cities like Beijing and Shanghai are in grave danger of becoming overbuilt with too much capacity – but nonetheless, brand after brand make their way – or expand their presence – in the market.
There are a handful of luxury hotel operators, though, that have mapped out very strategic plans making them key players in the region – and the one that immediately comes to mind is Ritz Carlton. For the past 20 years, Ritz Carlton (www.ritzcarlton.com) has developed an impressive network of grand and luxurious properties, starting in Hong Kong and expanding throughout Asia – in Kuala Lumpur, Bali, Jakarta, Singapore, Beijing, Shanghai, Seoul, Osaka, Tokyo, Sanya, Shenzhen and Guangzhou.
The brand is continuing its growth in Asia with a second property opening in Shanghai in May and one in Hong Kong in November of this year.