St. Regis Hotels & Resorts

St. Regis Hotels & Resorts is a luxury hotel chain, owned and managed by Marriott International.

St. Regis Hotels by Marriott
FormerlySt. Regis Hotel
Typeprivate
IndustryHospitality
Founded1904 (1904) in New York City, U.S.
HeadquartersBethesda, Maryland
Number of locations
53 (September, 2020)
Areas served
Worldwide
Productshotel and resort properties
OwnerMarriott International
Websitest-regis.marriott.com

History

In 1904, John Jacob Astor built the St. Regis New York as a sister property to his part-owned Waldorf-Astoria Hotel. Exhibiting luxury and technological advance, each room had its own telephone. Ownership changes, a new wing, and restorations occurred over the following decades. In 1966, Sheraton Hotels purchased the property.[1] After an extensive restoration in 1991, the hotel became the flagship for the Sheraton premier hotels rebranded as the ITT Sheraton Luxury Collection.[2]

In 1998, Starwood acquired the Sheraton brand,[3] and created a new St. Regis brand.[4] In September 2016, Marriott gained the St. Regis chain as part of its acquisition of Starwood.[5] The brand name cannot be used in the lower mainland of British Columbia, because the name is legally owned by the independent St. Regis Hotel, Vancouver, built in 1913.[6]

Accommodations

North
America
EuropeMiddle E.
& Africa
0Asia &0
Pacific
Caribbean
Latin Am.
Total
2016[7]Properties     100005     005     015     003     38
Rooms01,96300720001,402003,639     044808,172
2017[8]Properties     110006     006     017     003     43
Rooms02,22800839001,562004,359     044809,436
2018[9]Properties     100006     004     018     003     41
Rooms01,97700834001,168004,612     044809,039
2019[10]Properties     100007     005     020     003     45
Rooms01,96801,002001,426004,812     044809,656
2020[11]Properties     100007     006     020     003     46
Rooms01,96801,002001,788004,811     0448010,017
2021[12]Properties     100006     009     021     004     50
Rooms01,9680883002,755005,044     0568011,218

Locations

There are over 60 St. Regis-branded hotels around the world with over 10,000 rooms.[13][11] Some of the better-known properties include:

The Tokenization of The St. Regis Aspen

In January 2018, SolidBlock created a smart contract and digitized platform for the tokenization of The St. Regis Aspen, which became the first private single asset real estate investment trust (REIT) in the US to issue a Security Token Offering and traded on the blockchain. Through an intensive campaign, $18 million was raised - nearly one-fifth of the equity deal sold through digital tokens to investors worldwide.[15]

References

  1. "St. Regis New York". www.historichotelsthenandnow.com.
  2. "PR Newswire, 13 Jan 1994". www.thefreelibrary.com. Archived from the original on 2017-01-01.
  3. "Boston Globe, 13 Nov 1997". www.newspapers.com. p. 67. ….ITT Corp., and its Boston-based Sheraton Hotels….embraced bid by upstart Starwood Lodging Trust….
  4. "Los Angeles Times, 21 Jan 1998". www.newspapers.com. p. 46. ….St. Regis and Westin brands.
  5. "CNBC, 23 Sep 2016". www.cnbc.com.
  6. "Hotel Mogel, 22 Dec 2014". www.hotelmogel.com.
  7. "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
  8. "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
  9. "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
  10. "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
  11. "2020 Annual Report". www.marriott.gcs-web.com. Marriott International. 18 February 2021. Retrieved 1 September 2021.
  12. "2021 Annual Report". www.marriott.gcs-web.com. p. 6.
  13. "St. Regis Hotel Locations". www.marriott.com.
  14. "Vista Tower, Chicago's Third Tallest Building, Gets A New Name: St. Regis Chicago". Block Club Chicago. 25 November 2020.
  15. "SolidBlock". solidblock.co. Retrieved 2020-11-11.


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