The Ritz-Carlton Hotel Company L.L.C, a wholly owned subsidiary
Marriott international Inc. (
recently announced the opening of its first luxury resort, The
Ritz-Carlton, Okinawa, in the tropical island of Okinawa,
The island of Okinawa is one of the favorite exotic tropical
holiday destinations for Japanese visitors. But it remained
relatively less visited by the international travelers. The island
contains significant championship golf courses and is an ideal spot
for waterborne activities owing to the presence of natural emerald
water surrounding the place.
The Ritz-Carlton, Okinawa is designed specifically to reflect
the Okinawan concept of hospitality. It embraces the unique
ambience through its contemporary and landscaping architectural
design. The Shurijo face motifs, white walls, distinctive red clay
roof tiles and holy water ponds depict the cultural concept of the
The resort has 97 modern guestrooms, two suites with balconies
or terraces, spa, a group of restaurants featuring national and
international cuisines and a bar. The restaurants include
Chura-Nuhji (an Italian fine dining restaurant), Kise (a
Teppan-yaki restaurant portraying famous Okinawan beef and local
seafood) and Gusuku (an all-day dining restaurant that serves
regional, national and international dishes). The Ritz-Carlton Spa
by ESPA features four dry treatment rooms, four treatment rooms,
outdoor Cabanas and two special Retreat Suites containing fitness
center and other amenities.
Management expects the new luxury resort to go well with the
company's other hotels in Tokyo and Osaka. They expect travelers
from all over the world to visit the island for either business or
pleasure purpose. The Ritz-Carlton currently operates 79 hotels in
the America, Europe, Asia, the Middle East, Africa, and the
Based in Bethesda, Maryland, USA, Marriott is a leading lodging
company having more than 3,700 properties in 73 countries and
territories. It operates and franchises hotels under 15 brands
which include Marriott, The Ritz-Carlton, JW Marriott, Bulgari,
EDITION, etc. It also has licensed vacation ownership resorts under
three additional brands: Marriott Vacation Club, Grand Residences
by Marriott, and The Ritz-Carlton Destination Club.
We presently have long term Neutral recommendation on Marriott,
which holds a Zacks #2 Rank signifying a short term 'Buy' rating.
We also have a Zacks #2 for
Wyndham Worldwide Corp. (
, a competitor of Marriott.
MARRIOTT INTL-A (MAR): Free Stock Analysis
WYNDHAM WORLDWD (WYN): Free Stock Analysis
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