Ritz-Carlton is to open a luxury new resort on the Caribbean island of Aruba’s famed Palm Beach.

The 320-room oceanfront resort, The Ritz-Carlton, Aruba, will offer several restaurants, a luxurious spa, two swimming pools, 24-hour casino and Ambassadors of the Environment by Jean-Michel Cousteau family program, which introduces young guests to Aruba’s natural wonders and cultural traditions. In addition to spacious rooms and suites, the hotel will include The Ritz-Carlton Club, a private floor accessible only by elevator key and offering light fare and dedicated concierge service throughout the day.

The Ritz-Carlton, Aruba, projected to open in late 2012, will be the seventh location in The Ritz-Carlton portfolio of Caribbean properties, joining existing hotels in St. Thomas (U.S. Virgin Islands), Jamaica, Grand Cayman, Puerto Rico, Mexico and The Bahamas.

“Aruba is an island destination with growing appeal to the discerning travelers from Europe and the United States. Its spectacular beaches and magnificent views make the island one of those exceptional places in the Southern Caribbean, blending serenity and scenic attractions our guests seek when planning a vacation,” said Ezzat Coutry, senior vice president, Southeast Region, Caribbean and Latin America, The Ritz-Carlton Hotel Company L.L.C. “It is an extraordinary location for luxury development on the island.”

Located off the coast of Venezuela, Aruba is renowned for miles of white powder sand beaches and crystal blue water that boasts a warm tropical climate year-round. The 21 mile-long island is situated on the southern part of the Caribbean Sea and features many diverse influences as a result of its rich history.

The Ritz-Carlton, Aruba is located in Palm Beach, home to some of the island’s finest beaches. Lush tropical surroundings and a balmy temperature allow for swimming, sunbathing and relaxation by the water. The resort will bring a new level of elegance in accommodations and amenities to the island.