<P> Blackstone Real Estate Acquisitions of New York bought The Ritz - Carlton Boston at auction for $75 million in February 1998 . A month later , Marriott International of Bethesda , Maryland , acquired the hotel from Blackstone for $100 million . Marriott , which franchises and manages Marriott 's 325,000 rooms , then bought The Ritz - Carlton Hotel Co. and rights to The Ritz - Carlton name worldwide from W.B. Johnson for $290 million in a two - part transaction completed in 1998 . </P>
<P> Blackstone Real Estate Acquisitions of New York bought The Ritz - Carlton Boston at auction for $75 million in February 1998 . A month later , Marriott International of Bethesda , Maryland , acquired the hotel from Blackstone for $100 million . Marriott , which franchises and manages Marriott 's 325,000 rooms , then bought The Ritz - Carlton Hotel Co. and rights to The Ritz - Carlton name worldwide from W.B. Johnson for $290 million in a two - part transaction completed in 1998 . </P>
when did ritz carlton become part of marriott
when did ritz carlton become part of marriott
1998
1998