Ritz Carlton

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Title: Ritz Carlton

Essay Details:

Subject: Business

Author: Shirley V

Date: August 17, 2011

Level: University

Grade: A

Length: 2 / 395

Essay text:

& McManus, 2002). One important partner for whom Ritz Carlton managed the hotel opening in Washington, D.C., are the Millennium Partners. Ritz Carlton actually manages the properties and the Millennium Partners are the legal owners of the hotel. This influential partner is at the same time involved in business activities with Ritz Carlton’s biggest competitor, The Four Seasons. Doing business with one of the two biggest luxury hotel chains in the world, the Millennium Partners’ aim is to develop residential areas through the hotel business in order to create “luxury apartments, for individuals who are looking for second or third homes in world-class cities” (Sucher, S...

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