Marriott International Signs Agreement to Debut The Ritz-Carlton Brand in Ningbo

USA, Bethesda, Maryland. June 30, 2021

Marriott International announced the signing of an agreement with the Ningbo Central Plaza Construction and Development Co. Ltd to bring Marriott Bonvoy's iconic Ritz-Carlton brand to the heart of Ningbo. Expected to open in 2025, The Ritz-Carlton, Ningbo is set to elevate luxury in the destination with its legendary service.

"We are pleased to announce the signing of The Ritz-Carlton, Ningbo. This hotel will redefine the luxury hotel experience in the vibrant coastal city through The Ritz-Carlton brand's refined style and legendary services," said Gavin Yu, Senior Vice President of Development, Greater China, Marriott International. "As a key urban hub along the southern tip of the Yangtze River Delta, Ningbo has demonstrated strong economic development and boasts solid potential for high-end business and leisure hotels."

Developed by Shanghai Construction Group Co., Ltd., Shanshan Group Co., Ltd. China, and Greentown China Holdings Limited, the hotel is slated to occupy the 62nd to 80th floors of the 409-meter-tall Ningbo Central Plaza. Once completed, the tower, designed by internationally renowned architectural design firm Skidmore, Owings & Merrill, Arcplus Institute of Shanghai Architectural Design & Research, Greentown Architecture Design and Shanghai Construction Design & Research Institute, is set to be an icon on the Ningbo skyline.

"The Ningbo Central Plaza aspires to be a high-end landmark for the city, combining hotel, offices, commercial and residential space with apartments and other offerings," said Bao Xiaohua, President of Shanshan Group, shareholder of the Ningbo Central Plaza Construction and Development Co. Ltd. "The Ritz-Carlton, Ningbo will be one of the highlights of Ningbo Central Plaza and we look forward to working with Marriott International to create a world-class luxury experience."

The Ritz-Carlton, Ningbo's interior will be designed by the award-winning G.A. Design. Expected to feature 257 rooms, suites and a Club Lounge, the hotel will offer unrivaled panoramic views of the city skyline and coast. Plans call for local and international specialties in three distinctive restaurants - an all-day dining restaurant, a Chinese restaurant and a specialty restaurant. In addition to a lobby lounge, the hotel is set to include a destination bar to provide a dynamic nightlife hub for hotel guests and local residents. With 1,700 square meters of planned banquet space to accommodate a wide range of events, The Ritz-Carlton, Ningbo is expected to be ideal for business meetings, conferences, and social events.

The Ritz-Carlton, Ningbo is anticipated to be the first addition to Marriott Bonvoy's luxury portfolio in Ningbo and demonstrates Marriott International's commitment to China through its latest "Brand+Destination" development strategy.

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