Ritz-Carlton and Five Star Development Enter Agreement for Development of New Resort and Ritz-Carlton, Paradise Valley in Arizona

The Ritz-Carlton Hotel Company, LLC | January 15, 2016

Chevy Chase, Md., January 15, 2016 – The Ritz-Carlton Hotel Company, L.L.C. and Five Star Development Resort Communities, LLC have signed an agreement for the development of a new resort and residences in Paradise Valley near Scottsdale, Arizona. "Paradise Valley in Arizona will be a great new destination for our brand in the Americas," said Herve Humler, president and chief operating officer for The Ritz-Carlton. "We are pleased to be working with Five Star Development to create this unique desert resort for sophisticated travelers from around the world," he continued. The Ritz-Carlton, Paradise Valley will be the centerpiece of ...