Release from Ritz-Carlton: The Ritz-Carlton Hotel Company today announced its entry into luxury yachting and cruises ? bringing the award-winning luxury hotel brand?s service and timeless style to sea. Created by The Ritz-Carlton and maritime experts Douglas Prothero and Lars Clasen, in collaboration with funds managed by Oaktree Capital Management, L.P., The Ritz-Carlton will provide […]The post Ritz-Carlton Launching Cruise Line appeared first on Pursuitist.

Release from Ritz-Carlton:The Ritz-Carlton Hotel Company today announced its entry into luxury yachting and cruises ? bringing the award-winning luxury hotel brand?s service and timeless style to sea.Created by The Ritz-Carlton and maritime experts Douglas Prothero and Lars Clasen, in collaboration with funds managed by Oaktree Capital Management, L.P., The Ritz-Carlton will provide luxury hospitality service under a long-term operating agreement. Named The Ritz-Carlton Yacht Collection, this venture represents a unique foray into the cruise industry for a luxury hotel operator. The first of three lavish cruising yachts in this series is scheduled to take to sea in the fourth quarter of 2019, and distinguishes Marriott International as the only provider of luxury accommodations both on land and at sea.?The Ritz-Carlton Yacht Collection will have a distinctive personality and the vessels are sure to be true stand outs in some of the most glamorous ports around the world,? said Herve Humler, President and Chief Ope...