The Ritz-Carlton Hotel Company has signed a management agreement with RAK National Hotels (RAKNH), marking its entry into the emirate of Ras Al Khaimah, while reflagging two properties previously managed by Banyan Tree.
The brand will manage The Ritz-Carlton Ras Al Khaimah, Al Hamra Beach and The Ritz-Carlton Ras Al Khaimah, Al Wadi Desert, growing the brand’s footprint in the United Arab Emirates (UAE) to five by 2017.
His Highness Sheikh Ahmed bin Saud bin Saqr Al Qasimi, chairman of the RAK Hospitality Holding and RAK National Hotels and Alex Kyriakidis, president and managing director, Middle East & Africa, Marriott International signed the agreement.
Kyriakidis said in a statement: "We are proud to partner with RAK Hospitality Holding and RAK National Hotels and look forward to introducing The Ritz-Carlton to Ras Al Khaimah."
The management agreement, which goes into effect on December 15, will see the beach property close for comprehensive renovations, whilst the desert property will remain open and operate as a partner hotel - Al Wadi Desert, Ras Al Khaimah, a Ritz-Carlton Partner Hotel.
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Both properties following the renovations are scheduled to be re-launched in 2017 under The Ritz-Carlton stewardship.
The renovations include total refurbishment of the Al Hamra beach property a 32 all-villa luxury resort, and upgrading the Al Wadi property, a 101 all-villa desert escape.
RAKNH is an owner of hotels and resorts in Ras Al Khaimah, a subsidiary of RAK Hospitality Holding (RAKHH), and Al Hamra Real Estate Development (AHRED).
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