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Originally Posted by H2O
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Could very well be. The Ritz-Carlton has had its eye on Austin. And, that dates back to the late 80's.
However, it could also be one of a number of other luxury bands like St. Regis, Mandarin Oriental, Park Hyatt, Rosewood, Peninsula, Capella, Waldorf Astoria, or Viceroy. Or it could be another brand's first foray into Texas or the U.S. (i.e., Aman, One&Only, Belmond, Six Senses, Shangri La, Raffles, Como, Sofitel, or Oberoi). One can dream, right?!?
Oh, remember, 98 Red River is supposed to have a luxury branded hotel as part of its development.