Marriott International Announces Agreement With Shanghai SIIC North Bund New Landmark Construction And Development To Open 110-Room Ritz-Carlton Reserve In Shanghai In 2030; Terms Not Disclosed
https://news.marriott.com/news/2026/08/21/marriott-international-signs-agreement-to-introduce-ritz-carlton-reserve-to-shanghai-marking-the-brands-first-urban-concept
Marriott is building a fancy new Ritz-Carlton hotel in Shanghai that will open in 2030. This shows the company believes there's room to grow in China and that rich travelers there want luxury stays.
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