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In 2027, the capital of Uzbekistan will become home to a new luxury Ritz-Carlton hotel-residence. Shavkat Umurzakov, the mayor of Tashkent, announced this during a meeting between Azerbaijani and Uzbek entrepreneurs, held last week in Tashkent. According to him, the new establishment will become one of the city’s landmarks and will help attract new tourists and investors to Uzbekistan.
“In collaboration with the Azerbaijani company PASHA Holding, we have launched a major project to construct a Ritz-Carlton hotel and residence. This is a global brand that does not enter new markets without thorough consideration. After studying the market and the stability of Uzbekistan’s development, they decided to enter our market. The project will be completed in 2027 and will become one of Tashkent’s main attractions. From an architectural standpoint, the complex will be very beautiful,” said Umurzakov.
The construction of the luxury hotel is expected to cost around $200 million. Although the exact location of the site has not yet been disclosed, some reports suggest that the hotel will be located in the Chilanzar district. The complex will include 150 rooms as well as residences, which will attract not only tourists but also long-term investors.
The Ritz-Carlton is an international luxury hotel chain owned and operated by the Ritz-Carlton Hotel Company, a subsidiary of Marriott International, the world’s largest hotel holding company. The network’s headquarters is located in Maryland, USA.
This is not the first such project by PASHA Holding in the hospitality sector. In August of last year, the company signed an agreement with Marriott International to open The Ritz-Carlton Residences in Baku, further confirming their serious intentions to collaborate with global hotel brands.
With the opening of The Ritz-Carlton in Tashkent, Uzbekistan’s capital will take another step towards becoming a global tourist center, capable of offering its guests the highest level of service and comfort.
The text has been translated by AI. For more accurate information, please refer to the Russian version of the article.