Warnick Arranges Financing for Ritz-Carlton in Tucson
DECEMBER 19, 2007. Warnick & Company has arranged the equity financing for the new 250-room golf and spa resort Ritz-Carlton now under construction at Dove Mountain in Northwest Tucson, Arizona. The resort, which is scheduled to open in late 2009, will offer a 17,000 square foot spa and fitness center, a variety of meeting and special events spaces including two ballrooms, three restaurants and a wealth of recreational activities including two Jack Nicklaus Signature golf courses. Three hundred Ritz-Carlton branded residences are also planned.
Dove Mountain will be the largest branded resort and residential community managed by the award-winning hotel company.
The $160 million project will be the second Ritz-Carlton in Arizona, joining the Ritz Carlton, Phoenix.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
