The Ritz-Carlton Hotel Company, LLC

Schubertring 7 was built by architect Anton Ölzelt as a residence for his family in 1865 and was therefore named "Palais Ölzelt".

The original building of The Ritz-Carlton, Vienna consists of four historic, now heritage-protected, nineteenth century palaces that have been linked together. The magnificent buildings were built between 1865 and 1871 in the prosperity of the Viennese “Ringstrassen architecture".

The hotel was inaugurated in 1865 under the name 'Hôtel de la Paix'.

Schubertring 5, the place where the lobby of the Ritz-Carlton, Vienna is found today, was originally built as "Adels Casino" in 1866.

The Palais at the Beethovenplatz 2 was built between 1868 and 1869 by the renowned architect Friedrich Schachner for the family Borkenstein.

In December 1871, representatives from the US and England gathered in Geneva to resolve a mutual conflict. Geneva served as a neutral point to host the arbitration of the Alabama, the first mediation between two countries in crisis.

Geneva State Council hosted an official dinner at the Hôtel de la Paix on September 7, 1872.

Once four separated palaces, it was then GiroCredit, who gradually connected the individual buildings between 1939 and 1970 and used them as bank and office buildings.

In 1999, the entire building complex was sold to Erste Bank, which used it as an office building until 2005, before the BAI took over the buildings and transformed it into a hotel.

In 2005, the BAI took over the buildings and transformed them into a hotel.

In 2016, The Ritz-Carlton Hotel Company signed an agreement to manage the prestigious Hôtel de la Paix.