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The Ritz-Carlton sets sail towards exciting new ventures

The Ritz-Carlton Hotel Company, part of Marriott International, has announced its entry into luxury yachting and cruises, bringing the award-winning luxury hotel brand’s service and timeless style to sea. Created by The Ritz-Carlton and maritime experts Douglas Prothero and Lars Clasen, in collaboration with funds managed by Oaktree Capital Management, The Ritz-Carlton will provide luxury hospitality service under a long-term operating agreement. Named The Ritz-Carlton Yacht Collection, this venture represents a unique foray into the cruise industry for a luxury hotel operator. The first of three lavish cruising yachts in this series is scheduled to take to sea in the fourth quarter of 2019, and distinguishes Marriott International as the only provider of luxury accommodation both on land and at sea.

“The Ritz-Carlton Yacht Collection will have a distinctive personality and the vessels are sure to be true stand-outs in some of the most glamorous ports around the world,” said Herve Humler, President and Chief Operating Officer of The Ritz-Carlton Hotel Company.

Itineraries are being developed with an intent to combine the lifestyle of The Ritz-Carlton’s luxury resorts and the casual freedom of a yachting vacation. The first ship will cruise a wide variety of destinations depending on the season, including the Mediterranean, Northern Europe, the Caribbean and Latin America. The vessel will accommodate up to 298 passengers, and feature 149 suites, each with its own private balcony. The yacht will also feature two 138 sqm lavish duplex penthouse suites.

Caribbean Douglas Prothero Herve Humler Lars Clasen Latin America Marriott International Mediterranean Northern Europe Oaktree Capital Management President and Chief Operating Officer of The Ritz-Carlton Hotel Company The Ritz-Carlton Hotel company The Ritz-Carlton Yacht Collection