MELBOURNE, AUSTRALIA—The Ritz-Carlton Hotel Company, LLC and Fast Consortium (FEC), an Asian property developer, have signed an agreement for the development of The Ritz-Carlton, Melbourne.
The Ritz-Carlton, Melbourne will be the centerpiece of an urban mixed-use project in the central business district, which will include residential apartments and retail shopping. With 250 rooms, the luxury hotel will be the highest in Australia, with floors located from level 64 to 77 of the building with views from all sides, according to Marriott International. The project will commence construction next year and is designed to include restaurants and a host of services and facilities for which The Ritz-Carlton is known.
Last year, FEC announced that it is developing a Ritz-Carlton at Elizabeth Quay in Perth, Australia. Today’s announcement marks the second luxury hotel slated for The Ritz-Carlton in the country and demonstrates the company’s commitment to providing exceptional hotel experiences in the major cosmopolitan cities of Australia.
“We are honored to partner once again with Fast Consortium on a second, spectacular project in Australia,” said Herve Humler, president and COO of The Ritz-Carlton. “We look forward to welcoming Ritz-Carlton guests from around the world to a sensational high-rise hotel in Melbourne, a rich and intriguing city.”
FEC Chairman David Chiu commented “We believe Australia has plenty of opportunities in the tourism industry. The country has many unique offerings, which are driving the growth in tourist arrivals. We are delighted to bring this international luxury brand to Perth and now Melbourne.”