The FINANCIAL -- The Ritz-Carlton Hotel Company, L.L.C. has signed a long term management agreement with a consortium led by Oberoi Realty and Sahana Group to open the first Ritz-Carlton in Mumbai, the entertainment, commercial and financial capital of India, and the second in the country following the recent opening of The Ritz-Carlton, Bangalore in Karnataka, according to Marriott.
The 238-room Ritz-Carlton will be located in Worli, the heart of central Mumbai, a thriving new business district with easy access to the international airport.
The newly built structure will be a beacon on the coastline of the Arabian Sea with magnificent views of the Mumbai skyline and is expected to open early 2017, according to Marriott.
Designed as a tribute to modern India, The Ritz-Carlton, Mumbai will honor its traditional past by setting new standards in luxury, technology and service. It forms part of a mixed used development in an iconic high-rise tower with luxury residential spaces. A second tower has been designated for luxury residential condominiums managed by The Ritz-Carlton.
Architects, Kohn Pederson Fox, will imagine the new towering landmark of glass and steel while renowned interior designer, Tony Chi, will take inspiration from Indian culture to create sleek interiors, including luxurious accommodations and suites that offer a contemporary sense of place, according to Marriott.
“We have been searching for the perfect location for a premier hotel in Mumbai for several years,” said Herve Humler, president and chief operating officer of The Ritz-Carlton Hotel Company. “This site offers everything hotel guests could want—a prime business location, stylish and contemporary design in this historically rich and vibrant city.”
“Mumbai is one of the great gateways of the world and by partnering with The Ritz-Carlton, we continue to cement the reputation of the city on the world stage and within the local market. This leading global luxury hospitality brand will resonate strongly with guests both locally and overseas,” Vikas Oberoi, Chairman and Managing Director of Oberoi Realty said.