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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

Aug 21, 2026 · 09:04 AM ET· updated 1h ago

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

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Why It Matters

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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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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