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The Ritz-Carlton Hotel Company, L.L.C. Signs an Agreement with Kanehide Holdings Co, Ltd for The Ritz-Carlton, Okinawa

OKINAWA, JAPAN – The Ritz-Carlton Hotel Company L.L.C. and Kanehide, a prominent conglomerate in Okinawa, today signed an agreement for the development of The Ritz-Carlton, Okinawa.

This stunning resort hotel will offer 97 luxurious guest rooms with excellent views over a golf course down to the East China Sea, the Motobu Peninsula and beyond to Ie Island. The Ritz-Carlton, Okinawa will be situated within the premises of the Kise Country Club and surrounded on three sides by its 18-hole Championship course overlooking the ocean. The Kise Country Club is bordered by undeveloped wooded land adding to the beautiful setting and location of the resort.

Simon Cooper, president and managing director of Marriott International in Asia, said: “We are delighted to be signing not just our first resort in Japan, but also the first internally-branded luxury hotel in Okinawa. This hotel will be the perfect opportunity to showcase a different side of The Ritz-Carlton brand to our loyal Japanese and international guests in the country who will be more familiar with our leading city centre hotels in Tokyo and Osaka. We have great partners in Kanehide and we are happy to be working with them to develop what will be a truly stunning resort hotel here in Okinawa.”

Commenting on behalf of the Kanehide Group, Morimasa Goya, Chairman and CEO, said: “The Ritz-Carlton Hotel Company is known as the leading provider of luxury lifestyle experiences and is famous across the world for its amazing hotels and legendary service. We are delighted to be partnering with them on this great new hotel and to be bringing exemplary levels of style and luxury to Okinawa. We believe The Ritz-Carlton, Okinawa will be the leading resort in Japan and it will significantly contribute to the business development of Okinawa - particularly in the tourism sector - and will redefine the luxury resort experience, not only in the country but also for the international travellers in the region.”

The hotel will replace the existing Kise Bettei Hotel & SPA after an extensive renovation of more than 1 billion yen. The existing property will close in August of this year and re-open as The Ritz-Carlton, Okinawa in April 2012. The new look interiors will be created by ILYA Corporation and the concept of the new hotel will be a combination of The Ritz-Carlton style with the local Okinawan culture to create something subtle and tranquil, yet truly luxurious. This is the first conversion project for The Ritz-Carlton Hotel Company in Japan and VITA ITALIA Co. Ltd., a business developer, has been instrumental in initiating the project on behalf of Kanehide.

The newly renovated hotel will feature three destination dining outlets, as well as a lounge and bar, an ESPA spa and full leisure facilities including a pool and gym.

Okinawa is the most popular tropical resort in Japan with more than 5.7 million visitors to the region last year and The Ritz-Carlton, Okinawa is expected to set new levels of excellence when it opens next year.

For additional information about this press release contact:
Allison Sitch
Vice President, Public Relations
The Ritz-Carlton Hotel Company, L.L.C.
4445 Willard Avenue, Suite 800
Chevy Chase, MD 20815
Phone: (301) 547-4784
Fax: (301) 547-4721
Email: allison.sitch@ritzcarlton.com