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Verny Capital and The Ritz-Carlton Hotel Company, L.L.C. to Open the 202-room
Ritz-Carlton Vienna, the Brand's First in Vienna, Austria


CHEVY CHASE, Md.- December 20, 2011 – The Ritz-Carlton Hotel Company, L.L.C., a leader in luxury hospitality, has announced plans to continue its global expansion with the brand’s first hotel in the capital city of Vienna. The Ritz-Carlton, Vienna is owned by an investor represented by Verny Capital. Earlier this year, they also completed the acquisition of The Ritz-Carlton, Moscow.

The 202-room hotel is located on Schubertring, the historic and famous site of numerous monumental buildings built during 1860 to 1890. Home of the Vienna State Opera and the Museum of Fine Arts, Vienna is well known for its essential role as a leading European Classical Music Centre.

The Ritz-Carlton, Vienna is located in two 19th century palaces which are listed as culturally protected properties in Austria. The location is among the most desirable locations in the city for a luxury hotel.

“We are honored to have been selected by Verny Capital to assume management of this incredible hotel,” said Herve Humler, president and chief operating officer, The Ritz-Carlton Hotel Company, L.L.C. “We have viewed many sites in Vienna over the years and believe this location will offer our sophisticated travelers an exciting new place to explore and enjoy. The Ringstrasse, as it is known, encircles the old city of Vienna. Constructed in the late 19th century this prime location, combined with the exemplary service for which The Ritz-Carlton is known, will produce memorable stays for all our guests when it opens in the second quarter of 2012.”

“We are delighted that The Ritz-Carlton Hotel Company will be entering the Austrian market in association with us” said Timur Issatayev of Verny Capital. “Our selection of The Ritz-Carlton is based on a very strict assessment of the company’s renowned stature in the hospitality industry and our existing relationship with them.”

Asked about additional growth in the region for Ritz-Carlton, Humler added, “We continue to explore other opportunities and destinations in Europe. With the region’s strong travel and tourism industry, we see expansion in Europe, with the right hotels in the right locations, to be an essential part of our future strategy.”

The Ritz-Carlton Hotel Company, L.L.C., of Chevy Chase, Md., currently operates 77 luxury hotels in the Americas, Europe, Asia, the Middle East, Africa, and the Caribbean. More than 30 hotel and residential projects are under development around the globe. The Ritz-Carlton is the only service company to have twice earned the prestigious Malcolm Baldrige National Quality Award, an award that originated in 1987. Its purpose is to promote the awareness of quality excellence, recognize quality achievements of companies and publicize successful quality strategies. The Ritz-Carlton Hotel Company won the award in 1992 and 1999. For more information, or reservations, contact a travel professional, call toll free in the U.S. 1-800-241-3333, or visit the company web site at www.ritzcarlton.com. The Ritz-Carlton Hotel Company, L.L.C. is a wholly-owned subsidiary of Marriott International, Inc. (NYSE:MAR).

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Contact:

Allison Sitch
Vice President, Global Public Relations
 +1-301-661-25
allison.sitch@riztcarlton.com

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Also See: The Mission Hills Group Partners with Marriott to Manage New Ritz-Carlton and Renaissance Hotels at Mission Hills in Hainan, China; Establishing Asia-Pacific’s First Ritz-Carlton Golf Resort Hotel / November 2011

Ritz-Carlton Hotel Company Opens the 493-room Ritz-Carlton, Riyadh Located in Diplomatic Quarter and Adjacent to King Abdul Aziz Conference Centre in the Kingdom of Saudi Arabia / October 2011

Dorado Beach, a Ritz-Carlton Reserve in Puerto Rico Slated to Open in December 2012, Partners with Chef José Andrés for his First Restaurant Outside of the Continental U.S. / October 2011

The Ritz-Carlton Hotel Company, L.L.C. Signs Agreements with The Shanghai Greenland Group for Two Ritz-Carlton Hotels in Wuhan and Dalian, China / September 2011

The Ritz-Carlton Hotel Company to Launch the First Reserve Property in the Americas with the 115-key Dorado Beach, a Ritz-Carlton Reserve in Puerto Rico / July 2011

The Ritz-Carlton Hotel Company Assumes Management of Al Bustan Palace in Muscat, Oman / July 2011

The Ritz-Carlton Hotel Company Outlines Global Expansion Initiative; Plans to Add 36 Hotels and Residential Projects From Morocco to Mexico Through 2016 / June 2011

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Abu Dhabi National Hotels and Ritz-Carlton to Open 532-key Ritz-Carlton Abu Dhabi, Grand Canal, the First Ritz-Carlton in Abu Dhabi / April 2011

The Ritz-Carlton Hotel Company Opens the New 267-room Ritz-Carlton, Toronto / February 2011

Ritz-Carlton Hotel's to Operate New Build 124-Villa Ritz-Carlton Reserve in Los Cabos, Mexico Through a Joint Venture with Grupo Questro and Trinity Investments L.L.C. / February 2011

Ritz-Carlton Opens its Second Hotel in Dubai, the 341-room Ritz-Carlton, Dubai International Financial Centre (DIFC) Featuring a 10-storey Waterfall / January 2011

Ritz-Carlton Hotel Company Opens Fourth Hotel in Mainland China, the 351 room Ritz-Carlton, Guangzhou / March 2008

The Ritz-Carlton Hotel Company Pioneering a New Brand Extension; Future Sites for Ritz-Carlton Reserve Include Thailand, Costa Rica, Puerto Rico, Turks & Caicos and The United Arab Emirates / December 2008

Shangri-La Hotels and Resorts Opens 50th Hotel - the 704 room Shangri-La Hotel, Guangzhou / March 2007
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