St. Regis Hotels & Resorts
St. Regis Hotels & Resorts is a luxury hotel chain, owned and managed by Marriott International.
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Formerly | St. Regis Hotel |
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Type | private |
Industry | Hospitality |
Founded | 1904New York City, U.S. | in
Headquarters | Bethesda, Maryland |
Number of locations | 53 (September, 2020) |
Areas served | Worldwide |
Products | hotel and resort properties |
Owner | Marriott International |
Website | st-regis |
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 | Europe | Middle E. & Africa | Pacific | Asia &Caribbean Latin Am. | Total | |||
---|---|---|---|---|---|---|---|---|
2016[7] | Properties | 10 | 5 | 5 | 15 | 3 | 38 | |
Rooms | 1,963 | 720 | 1,402 | 3,639 | 448 | 8,172 | ||
2017[8] | Properties | 11 | 6 | 6 | 17 | 3 | 43 | |
Rooms | 2,228 | 839 | 1,562 | 4,359 | 448 | 9,436 | ||
2018[9] | Properties | 10 | 6 | 4 | 18 | 3 | 41 | |
Rooms | 1,977 | 834 | 1,168 | 4,612 | 448 | 9,039 | ||
2019[10] | Properties | 10 | 7 | 5 | 20 | 3 | 45 | |
Rooms | 1,968 | 1,002 | 1,426 | 4,812 | 448 | 9,656 | ||
2020[11] | Properties | 10 | 7 | 6 | 20 | 3 | 46 | |
Rooms | 1,968 | 1,002 | 1,788 | 4,811 | 448 | 10,017 | ||
2021[12] | Properties | 10 | 6 | 9 | 21 | 4 | 50 | |
Rooms | 1,968 | 883 | 2,755 | 5,044 | 568 | 11,218 |
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
- "St. Regis New York". www.historichotelsthenandnow.com.
- "PR Newswire, 13 Jan 1994". www.thefreelibrary.com. Archived from the original on 2017-01-01.
- "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….
- "Los Angeles Times, 21 Jan 1998". www.newspapers.com. p. 46.
….St. Regis and Westin brands.
- "CNBC, 23 Sep 2016". www.cnbc.com.
- "Hotel Mogel, 22 Dec 2014". www.hotelmogel.com.
- "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
- "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
- "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
- "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
- "2020 Annual Report". www.marriott.gcs-web.com. Marriott International. 18 February 2021. Retrieved 1 September 2021.
- "2021 Annual Report". www.marriott.gcs-web.com. p. 6.
- "St. Regis Hotel Locations". www.marriott.com.
- "Vista Tower, Chicago's Third Tallest Building, Gets A New Name: St. Regis Chicago". Block Club Chicago. 25 November 2020.
- "SolidBlock". solidblock.co. Retrieved 2020-11-11.