The Ritz-Carlton, Moscow was developed by Kazakh property development group Capital Partners and financed by Merrill Lynch Capital Markets Bank and Aareal Bank.

[2] It was designed by Andrey Meyerson and constructed between 2005-2007, on the site of the demolished Hotel Intourist.

[3] The hotel was sold in 2011 for $600 million to Verny Capital, a Kazakh private equity firm, whose chief investor is Kazakh billionaire Bulat Utemuratov.

[4] That same year, CNN reported that the hotel's Ritz-Carlton Suite was one of the 15 most expensive hotel rooms in the world.

The hotel ceased to be managed by The Ritz-Carlton Hotel Company division of Marriott International on July 5, 2022,[6] when Marriott severed its relationship with all 22 of its properties in Russia, due to sanctions imposed on Russia in response to the 2022 Russian invasion of Ukraine.