Ritz-Carlton to open first hotel in Mexico City

The Ritz-Carlton Hotel Company LLC recently scheduled their first hotel opening for their Mexico City location in 2019.

The new Mexico City Ritz-Carlton will operate under a long-term management agreement with Thor Urbana Capital and Heldan Hotels & Resorts.

"We are thrilled to collaborate with Thor Urbana Capital and Heldan Hotels & Resorts to expand our presence in the Caribbean andLatin America, particularly in Mexico City - an epicenter of commerce and culture," Herve Humler, president and chief operations officer for The Ritz-Carlton, said. "Mexico remains one of the largest and most important international markets for our company, and we are confident that our legendary Ritz-Carlton service and culture is a perfect match for this vibrant, exciting destination."

The hotel will be part of the Chapultepec Uno mixed-use project, including 58 floors and 1.1 million square feet of space.

"Travel to Mexico continues to grow for both business and leisure travel throughout the Caribbean and Latin America region and for inbound travel to the United States," Gabriel Helfon, CEO of Heldan Hotels & Resorts, said. "This project will play a helpful role in the continued emergence and success of Mexico City as a leading international destination."