The Ritz-Carlton Dallas, Las Colinas Opens: $55 Million Renovation Completed

The Ritz-Carlton Dallas, Las Colinas Opens: $55 Million Renovation Completed

By Author

Published on February 4, 2024

The Ritz-Carlton Hotel Company, LLC, a wholly-owned subsidiary of Marriott International, Inc. (NASDAQ:MAR), proudly announced the opening of The Ritz-Carlton Dallas, Las Colinas on January 23rd, marking a significant milestone in the brand's expansion with over 110 hotels and resorts globally. Following its acquisition in 2022 through a joint venture between Trinity Investments and Partners Group, the Dallas property has undergone a comprehensive $55 million renovation, ushering in a new era of modern luxury.

Nestled within the picturesque hills of Las Colinas, the hotel's transformation was guided by renowned design firms Jeffrey Beers International and Leo A Daly. The renovation introduced several enhancements, including Bar Juniper, a new lobby bar, and the revamp of 427 guest rooms and suites, alongside new meeting spaces and state-of-the-art ballroom facilities covering 80,000 square feet.

Tod Morrow, General Manager of The Ritz-Carlton Dallas, Las Colinas, highlighted the hotel's commitment to delivering exceptional service. "We are eager to introduce our guests to innovative offerings and distinctive experiences that forge lasting memories," Morrow stated, emphasizing the property's dedication to setting itself apart as a premier destination.

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Located on a former family ranch, The Ritz-Carlton Dallas, Las Colinas spans 400 acres and boasts two 18-hole golf courses, certified as an Audubon Cooperative Sanctuary. The property's proximity to downtown Dallas, along with The Nelson Sports and Golf Club adjacent to the resort, offers guests a range of recreational activities, including outdoor tennis courts, racquetball, and a world-class fitness center.

Jamie Kerr, Vice President and Global Brand Leader for The Ritz-Carlton, expressed excitement about the property's addition to the brand. "The Ritz-Carlton Dallas, Las Colinas presents a wonderful opportunity to savor Texas' natural landscape while indulging in luxurious accommodations, maintaining access to the city—a unique offering for our guests," Kerr stated.

The hotel's ongoing transformation includes the upcoming openings of Knife Italian, a restaurant concept by Michelin-starred chef John Tesar, and Campo Coffee & Provisions. Additionally, the on-site salon and spa will transition into The Ritz-Carlton Spa®, complemented by a reimagined resort pool featuring luxury cabanas and a new poolside bar.

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Set to open in February 2024, The Ritz-Carlton Club® located on the second floor will offer guests a highly personalized experience, showcasing the quintessential flavors of Texas through five daily culinary presentations and exclusive cultural experiences.

The Ritz-Carlton Dallas, Las Colinas, located just seven miles from Dallas Fort Worth International Airport, provides an accessible retreat with its rich history, natural beauty, and extensive renovation, ready to welcome guests seeking a luxurious escape in the heart of Texas.

For more information or reservations, visit www.ritzcarlton.com, and follow the property's journey on Facebook and Instagram.


Hyatt Hotels to Sell Playa’s Real Estate Portfolio for $2 Billion

Hyatt Hotels to Sell Playa’s Real Estate Portfolio for $2 Billion

By Nishang Narayan

Published on July 5, 2025

Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.

The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.

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As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.

Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.

Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.


Novotel Visakhapatnam Varun Beach Earns Green Key Certification

Novotel Visakhapatnam Varun Beach Earns Green Key Certification

By Nishang Narayan

Published on July 5, 2025

Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.

Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.

Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”

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The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.

As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.


IHCL to Open New Vivanta in Anjuna, Strengthening Goa Portfolio

IHCL to Open New Vivanta in Anjuna, Strengthening Goa Portfolio

By Nishang Narayan

Published on July 5, 2025

Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.

Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.

Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”

The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”

Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.

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