MEXICO CITY, Mexico and CHEVY CHASE, MD – The Ritz-Carlton Hotel Company, LLC today announced plans to open its first hotel in Mexico City in 2019. Upon completion, Ritz-Carlton, Mexico City will operate under a long term management agreement with Thor Urbana Capital and Heldan Hotels & Resorts. The hotel marks a significant milestone for Ritz-Carlton development in the Caribbean and Latin America, representing its entree into one of the region’s most prominent capital cities.
“We are thrilled to collaborate with Thor Urbana Capital and Heldan Hotels & Resorts to expand our presence in the Caribbean and Latin America, particularly in Mexico City – an epicenter of commerce and culture,” said Herve Humler, president and chief operations officer for The Ritz-Carlton. “Mexico remains one of the largest and most important international markets for our company, and we are confident that our legendary Ritz-Carlton service and culture is a perfect match for this vibrant, exciting destination.”