The Ritz-Carlton enters into luxury yachting, cruises

The Ritz-Carlton Hotel, part of Marriott International, today announced its foray into luxury yachting and cruises.

Created by The Ritz-Carlton and maritime experts Douglas Prothero and Lars Clasen, in collaboration with funds managed by Oaktree Capital Management, The Ritz-Carlton will provide luxury hospitality service under a long-term operating agreement, the hospitality group said in a release issued here.

"Named The Ritz-Carlton Yacht Collection, this unique combination of yachting and cruising will usher in a new way of luxury travel for guests seeking to discover the world in a relaxed, casually elegant and comfortable atmosphere with the highest level of personalised service," The Ritz-Carlton Hotel Company President and Chief Operating Officer Herve Humler said.

The first ship will cruise a wide variety of destinations depending on the season, including the Mediterranean, Northern Europe, the Caribbean and Latin America.

The specially designed small capacity vessel will measure 190-metres, accommodate up to 298 passengers, and feature 149 suites.

The Ritz-Carlton Hotel Company, part of Marriott International, currently operates more than 90 hotels and 40 residential properties in more than 30 countries and territories.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)