Travelore News: Ritz Carlton Owner Selling NYC And Washington D.C. Properties

The owner of several Ritz‑Carlton properties is moving ahead with plans to sell its flagship hotels in New York City and Washington, D.C., marking one of the most notable luxury‑hotel shakeups of the year.

Ritz Carlton Central Park

Real estate investment firm Westbrook Partners has already completed the sale of The Ritz‑Carlton New York, Central Park to Miami‑based hospitality investor Gencom. Meanwhile, the firm is close to finalizing a deal to sell The Ritz‑Carlton Washington, D.C. to Trinity Investments, another major player in high‑end hotel acquisitions.

The transactions highlight continued investor appetite for luxury urban hotels, even as the broader commercial real estate market faces pressure. Ritz‑Carlton will continue to manage both properties under long‑term agreements, meaning guests should expect brand continuity despite the ownership change.

Industry analysts say the sales reflect a strategic portfolio shift by Westbrook and a growing trend of capital flowing into iconic, well‑located hospitality assets