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Properties in Miami Beach and San Francisco |
| ORLANDO, Fla., Nov. 15, 2005 - Today, The Ritz-Carlton Club, the established
leader in the fractional ownership industry, introduces two new properties
to its portfolio. Miami's South Beach and San Francisco bring further diversity
to the brand and offer Members an unparalleled residential lifestyle --
and all with legendary Ritz-Carlton service. Furthermore, San Francisco
represents the first urban location for the brand.
"We could not be more overjoyed with these new additions to the brand," said Robert Phillips, senior vice president of business development. "Our Members have requested for us to pursue opportunities in these destinations, and we are delivering. From locale to vacation and business lifestyles, Members will enjoy the benefits of Ritz-Carlton Club membership in both South Beach and San Francisco." South Beach
Seville Beach Hotel 2901 Collins Ave Miami Beach, Florida San Francisco In yet another joint venture, The Ritz-Carlton Hotel Company, L.L.C. and Hunter Group are collaborating to develop a new residential property in downtown San Francisco. Positioned on the corner of Market and Kearny Streets, The Ritz-Carlton Club and Residences, San Francisco will occupy the West Coast's first skyscraper built in 1890 for the former offices of the San Francisco Chronicle. The building is scheduled to undergo renovations to produce 49 Club residences and 52 whole ownership Residences. The project's restoration will include the re-emergence of the building's original facade, and the addition of eight new stories. These Clubs will offer deeded interests with 21 days of usage, with real estate reservations scheduled for release in mid 2006. Pricing, and construction and occupancy dates will be available at a later date. Designed as a private club, Members have the opportunity to access either their home Club or other Ritz-Carlton Clubs through reciprocal usage privileges. Members also have the opportunity to utilize additional time as available. The Ritz-Carlton Club is an exclusive, luxury-tier real estate offering combining the benefits of Second Home ownership with the personalized services and refined amenities that are hallmarks of The Ritz-Carlton Hotel Company, L.L.C. |
| Contact:
The Ritz-Carlton Club
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