New Vienna Luxury Hotel To Be Ritz-Carlton Instead Of Shangri-La
Ritz-Carlton will operate a new 202-room luxury hotel situated in two historic palaces on Vienna’s Schubertring that was originally scheduled to open earlier this year as the Shangri-La chain’s first hotel in Austria. It will be the Ritz-Carlton’s first hotel in Austria as well.
In February of this year, two months before the planned opening and after over 100 employees had been hired, Shangri-La withdrew from the project.
The developer, BAI (Bauträger Austria Immobilien), has sold the property to Kazakhstan-based Verny Capital, which in turn engaged Ritz-Carlton to manage the hotel, which will open in the second quarter of 2012.
The hotel will feature a fitness center, gourmet restaurant, bar, conference and meeting rooms, and a ballroom.
A court case between BAI and Shangri-La is still ongoing.