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  1. Home
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  3. Travel & Hospitality
  4. The Ritz-Carlton
The Ritz-Carlton logo
Travel & Hospitality

Who Owns The Ritz-Carlton?

The Ritz-Carlton is owned by Marriott International, Inc. (NASDAQ: MAR), a publicly traded American hospitality company headquartered in Bethesda, Maryland. Marriott acquired a controlling interest in The Ritz-Carlton in 1995. Marriott reported total revenues of $26.2 billion in 2025 and operates over 9,800 properties in 145 countries. The Ritz-Carlton brand includes over 120 hotels, Ritz-Carlton Reserve resorts, branded residences, and The Ritz-Carlton Yacht Collection.

Parent Company

Marriott International

Acquired

1995

Status

Publicly Traded

Headquarters

Bethesda, Maryland, USA

The Ritz-Carlton Timeline

1927
Marriott International

Parent company established in Bethesda, Maryland, USA

Company Founded
1983

The Ritz-Carlton

Founded by William B. Johnson

Founded
1995
Acquired by Marriott International

Marriott International acquired The Ritz-Carlton

Acquired
GlobalOfficial Website

Who Owns The Ritz-Carlton?

  • Parent Company: Marriott International
  • Ownership Type: Wholly owned
  • Acquisition Year: 1995
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: MAR
BrandParent CompanyOwnership Type
The Ritz-CarltonMarriott InternationalWholly owned

History of The Ritz-Carlton

  • Founded: 1983
  • Founders: William B. Johnson
  • Acquired by Marriott International: 1995

The Ritz-Carlton brand traces its origins to the Ritz Hotel in Paris, opened in 1898 by Swiss hotelier Cesar Ritz, and the Carlton Hotel in London. The Ritz-Carlton name was first used in the United States at the Ritz-Carlton Boston, which opened in 1927 under Edward N. Wyner. The Boston hotel established the brand's reputation for refined luxury and service.

In 1983, William B. Johnson purchased the Ritz-Carlton brand name and the Boston property, establishing The Ritz-Carlton Hotel Company as a luxury hotel brand. Johnson began expanding the brand beyond Boston, opening properties in Atlanta, Houston, and other major U.S. cities. The company built its reputation on the "Gold Standard" of service, formalized through its Three Steps of Service and Motto, which remain in use today.

Marriott International acquired a 49 percent controlling interest in The Ritz-Carlton in 1995 for approximately $200 million, providing the brand with capital for global expansion. Marriott later acquired full ownership, consolidating The Ritz-Carlton within its brand portfolio. Under Marriott's ownership, The Ritz-Carlton expanded from approximately 30 properties in the mid-1990s to over 120 hotels today.

In the 2000s and 2010s, The Ritz-Carlton expanded internationally, opening properties in Asia, the Middle East, and Europe. The brand introduced Ritz-Carlton Reserve in 2011 with the opening of Dorado Beach in Puerto Rico, positioning Reserve as an ultra-luxury sub-brand focused on secluded, low-density resorts in rare destinations. Subsequent Reserve openings included Mandapa in Bali, Zadun in Mexico, Higashiyama in Japan, and Nujuma in Saudi Arabia.

In February 2025, Nekajui, a Ritz-Carlton Reserve, opened on Peninsula Papagayo in Costa Rica, becoming the eighth Reserve property and the first in Central and South America. The resort features 107 ocean-facing rooms, suites, and luxury treetop tents, plus 36 private residences. In May 2026, Siari, a Ritz-Carlton Reserve, opened in Riviera Nayarit, Mexico, becoming the ninth Reserve property. Siari spans 920 acres with 91 suites and villas and 34 private residences.

In August 2025, Nujuma Ritz-Carlton Reserve Residences were unveiled on Ummahat Island in Saudi Arabia's Red Sea, marking the brand's first residential offering in the Middle East. The 19 villas, designed by Foster + Partners, are part of the Red Sea development that will include 50 resorts and over 1,000 residences upon full completion in 2030.

The Ritz-Carlton Yacht Collection launched in 2022 with the Evrima, offering ultra-luxury cruising. The yacht collection expanded with the addition of the Ilma in 2024 and a third yacht, the Luminara, scheduled for 2025. The Yacht Collection translates the brand's service standards to sea, offering itineraries in the Mediterranean, Caribbean, and beyond.

About Marriott International

What does Marriott International own?
Marriott International owns over 30 hotel brands including The Ritz-Carlton, St. Regis, W Hotels, JW Marriott, Marriott Hotels, Sheraton, Westin, Courtyard, Fairfield, Residence Inn, Moxy, and City Express by Marriott. The company operates approximately 9,500 properties in 140-plus countries and territories. However, Marriott owns very few of the physical hotel buildings. Approximately 99% of properties are managed or franchised for third-party owners. Marriott also owns the Marriott Bonvoy loyalty program with over 230 million members.

Is Marriott International publicly traded?
Yes, Marriott International, Inc. is listed on NASDAQ under the ticker MAR. The company has been publicly traded since 1953. The Marriott family retains a significant but non-controlling ownership stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. The company has a single-class share structure with one vote per share.

Who founded Marriott International?
Marriott was founded by J. Willard Marriott and his wife Alice Marriott, who opened a root beer stand in Washington, D.C. in 1927. The company entered the hotel business in 1957 with the Twin Bridges Motor Hotel in Arlington, Virginia. J. Willard Marriott handed leadership to his son Bill Marriott in 1972. Marriott International was created in 1993 when Marriott Corporation split into Marriott International (hotels) and Host Marriott (real estate).

Where is Marriott International headquartered?
Marriott International is headquartered in Bethesda, Maryland, USA, near Washington, D.C. The company's global headquarters is located at 7750 Wisconsin Avenue, Bethesda, Maryland. The company operates approximately 9,500 properties in 140-plus countries and territories worldwide.

How many hotels does Marriott operate?
As of 2025, Marriott operates approximately 9,500 properties with over 1.7 million rooms across 140-plus countries and territories. The company has a development pipeline of approximately 3,800 properties and 590,000 rooms, representing significant future growth. Over half of the development pipeline is in international markets.

What is Marriott Bonvoy?
Marriott Bonvoy is Marriott International's loyalty program, with over 230 million members as of 2025. The program was formed in 2019 by merging Marriott Rewards, The Ritz-Carlton Rewards, and Starwood Preferred Guest (SPG) following the 2016 Starwood acquisition. Members earn points on stays at Marriott properties, which can be redeemed for free nights, room upgrades, and other benefits. The program also includes co-branded credit cards with JPMorgan Chase and American Express.

Who is the CEO of Marriott International?
Anthony Capuano is the President and CEO of Marriott International, a position he has held since February 2021. He succeeded Arne Sorenson, who passed away from pancreatic cancer in February 2021. Capuano had been with Marriott for over 25 years before becoming CEO. The board of directors is chaired by David Marriott, grandson of founder J. Willard Marriott.

  • Founded: 1927
  • Headquarters: Bethesda, Maryland, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: MAR
  • Revenue: $25.5 billion (FY2025, calendar year ended December 31, 2025)
  • Employees: Approximately 425,000

Visit Marriott International website

View full company profile for Marriott International

Where Is The Ritz-Carlton Made / Based?

  • Headquarters: Bethesda, Maryland, USA

The Ritz-Carlton Categories & Tags

Luxury HotelsFive Star ServicePremium HospitalityBusiness TravelLeisure Travel

The Ritz-Carlton Sustainability & Ethics

The Ritz-Carlton operates under Marriott International's Serve 360 sustainability platform, which tracks environmental performance across Marriott's global portfolio. Marriott has set science-based targets for greenhouse gas emissions reduction and participates in the UN Global Compact.

Many Ritz-Carlton properties pursue green building certifications such as LEED (Leadership in Energy and Environmental Design). Properties implement energy-efficient LED lighting, smart building management systems, and high-efficiency HVAC. Water conservation programs include low-flow fixtures, water recycling, and linen reuse programs.

The Ritz-Carlton does not hold independent sustainability certifications as a brand. The brand's environmental claims are reported through Marriott's group-level sustainability framework rather than brand-specific audits. Travelers seeking independently verified sustainability data should consult Marriott's annual sustainability report and individual property certifications.

On community engagement, The Ritz-Carlton runs the Community Footprints program, which focuses on child well-being, environmental responsibility, and disaster relief. Properties participate in local volunteer initiatives and charitable partnerships. The brand emphasizes local sourcing of food and materials to support local economies and reduce transportation-related environmental impact.

The Ritz-Carlton Yacht Collection has implemented sustainable cruising practices, including reduced single-use plastics and shore power connectivity where available. The Nujuma Ritz-Carlton Reserve in Saudi Arabia is part of the Red Sea development, which is powered 100 percent by renewable energy.

Awards & Recognition

The Ritz-Carlton consistently receives five-star ratings from Forbes Travel Guide and AAA Five Diamond awards, more properties than any other luxury hotel brand. The brand's commitment to service excellence, formalized through its Gold Standards, has been acknowledged by hospitality industry organizations worldwide.

Travel + Leisure and Condé Nast Traveler have repeatedly named Ritz-Carlton properties in their World's Best Awards and Readers' Choice Awards. Individual properties, including The Ritz-Carlton Hong Kong, The Ritz-Carlton Bali, and Ritz-Carlton Reserve properties, have received specific property-level recognition.

The Ritz-Carlton Yacht Collection has been recognized by luxury travel publications as an innovator in ultra-luxury cruising, bridging the gap between luxury hotel experiences and small-ship cruising.

Ritz-Carlton Reserve properties have received architectural and design recognition. Nujuma, designed by Foster + Partners, was featured in architectural publications for its dune-inspired design and sustainable construction on Ummahat Island. Nekajui in Costa Rica was recognized for its integration with the surrounding dry tropical forest ecosystem.

The brand's employee training programs, built around the Gold Standards and the Three Steps of Service, have been studied by hospitality management programs and cited as a benchmark for luxury service training.

The Ritz-Carlton Recalls & Controversies

The Ritz-Carlton has maintained a strong reputation for quality and service excellence, though it faces challenges typical of the luxury hospitality industry.

Data Security Incident (2018): Marriott International disclosed a data breach in November 2018 that affected approximately 500 million guest records across its portfolio, including Ritz-Carlton guests. The breach, which traced back to the Starwood reservation system that Marriott had acquired in 2016, exposed personal information including names, addresses, passport numbers, and encrypted credit card data. Marriott faced regulatory scrutiny from the FTC and UK Information Commissioner's Office, resulting in a GBP 18.4 million fine from the UK ICO in 2020. The Ritz-Carlton brand was not specifically targeted but was affected as part of Marriott's broader systems.

Competitive Pressures: The Ritz-Carlton faces intense competition from Four Seasons, Mandarin Oriental, Aman, and independent luxury hotels. Aman in particular has gained market share among ultra-high-net-worth travelers seeking more exclusive, design-forward properties. The Ritz-Carlton Reserve sub-brand is Marriott's response to this competition, offering lower-density, more individualized resort experiences.

Operational Consistency: Maintaining consistent service standards across over 120 properties in 35-plus countries is an ongoing challenge. The brand relies on its Gold Standards training system and regular quality audits to ensure consistency, but guest reviews occasionally highlight service variations at individual properties, particularly newer openings in emerging markets.

Brand Cannibalization Within Marriott: Some hospitality industry observers have questioned whether The Ritz-Carlton and St. Regis, both owned by Marriott, compete for the same luxury guests. Marriott has addressed this by positioning The Ritz-Carlton as the classic luxury brand and St. Regis as the modern luxury brand, but some overlap remains.

Pricing and Value Perception: The Ritz-Carlton's premium pricing strategy faces scrutiny during economic downturns. Some travelers question whether the brand's rates are justified compared to newer luxury entrants that offer comparable amenities at lower prices. The brand's response has been to emphasize its service standards and the Marriott Bonvoy loyalty program's value proposition.

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The Ritz-Carlton Ownership: Pros & Cons

Advantages

  • +Marriott's global distribution system and the Marriott Bonvoy loyalty program with over 220 million members drive direct bookings and repeat stays at Ritz-Carlton properties
  • +Marriott's asset-light business model and development pipeline provide The Ritz-Carlton with growth opportunities without capital intensity, with 10 percent of pipeline rooms in the luxury segment
  • +The Ritz-Carlton Reserve sub-brand positions the company in the ultra-luxury resort segment, competing with Aman and Four Seasons Private Retreats
  • +The Ritz-Carlton Yacht Collection diversifies the brand beyond hotels into ultra-luxury cruising, a growing segment for high-net-worth travelers
  • +Branded residences generate high-margin fee revenue and drive brand awareness, with over 40 residential locations globally

Considerations

  • -The Ritz-Carlton competes for luxury guests with St. Regis, another Marriott brand, creating potential cannibalization within Marriott's own portfolio
  • -Maintaining consistent Gold Standard service across over 120 properties in 35-plus countries requires significant training infrastructure and quality oversight
  • -The brand faces competition from newer ultra-luxury entrants like Aman, which appeals to younger high-net-worth travelers seeking more design-forward, exclusive experiences
  • -Luxury hospitality is vulnerable to economic downturns and geopolitical disruptions, though the 2025 results show resilience in the luxury segment
  • -The 2018 Marriott data breach affected Ritz-Carlton guests and created ongoing data security and privacy concerns across the portfolio

Frequently Asked Questions About The Ritz-Carlton

Sources & Further Reading

  • The Ritz-Carlton Official Website -
  • Marriott International Q4 and Full Year 2025 Results -
  • Marriott International SEC Filing (10-K) -
  • Nekajui, A Ritz-Carlton Reserve Opening Announcement (Feb 2025) -
  • Siari, A Ritz-Carlton Reserve Opening (May 2026) -
  • Nujuma Ritz-Carlton Reserve Residences (Aug 2025) -
  • Marriott Investor Relations -
  • Forbes Travel Guide -
  • Travel + Leisure World's Best Awards -
  • Wikipedia: The Ritz-Carlton Hotel Company -

Competitors to The Ritz-Carlton

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
JW MarriottJW MarriottSister Brand
Marriott International
USA
1984
LuxuryGlobalAll Genders
InterContinental Hotels & ResortsInterContinental Hotels & Resorts
Ihg Intercontinental Hotels Group
United Kingdom
1946
LuxuryGlobalAll Genders

Learn More About Competitors

JW MarriottTravel Hospitality

JW Marriott

Owned by Marriott International

Luxury hotel brand by Marriott International with 130 properties worldwide, named after founder J. Willard Marriott.

luxury-hotelsbusiness-travelleisure-travel
InterContinental Hotels & ResortsTravel Hospitality

InterContinental Hotels & Resorts

Owned by IHG (InterContinental Hotels Group)

Luxury hotel brand owned by IHG (InterContinental Hotels Group), operating over 200 properties worldwide, known for premium accommodations and sophisticated business and leisure travel experiences.

luxury-hotelsbusiness-travelpremium-accommodations

Competitive Analysis

Market Positioning: The Ritz-Carlton competes with 2 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to The Ritz-Carlton

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14-acre marine habitat and conservation center at Atlantis Paradise Island offering dolphin encounters and marine education programs.

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Finns Beach ClubTravel Hospitality

Finns Beach Club

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Beachfront entertainment venue in Canggu, Bali, known for infinity pools, dining, and sunset events. Operated by PT Pantai Semara Nusantara.

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Finns Beach Club is privately owned, unlike The Ritz-Carlton which is under a publicly traded parent company.

Harborside Resort at AtlantisTravel Hospitality

Harborside Resort at Atlantis

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Villa-style accommodation complex at Atlantis Paradise Island featuring residential-style layouts, full kitchens, and family-friendly amenities across the marina from the main resort.

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Harborside Resort at Atlantis is privately owned, unlike The Ritz-Carlton which is under a publicly traded parent company.

Marriott International Stock Information

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Last reviewed: July 30, 2026 · Reviewed by Who Brands Editorial Team