St. Regis Hotels & Resorts

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St. Regis Hotels by Marriott
FormerlySt. Regis Hotel
TypeSubsidiary
IndustryHospitality
Founded1904; 117 years ago (1904) in New York City, U.S.
Number of locations
53[1] (September, 2020)
Areas served
Worldwide
Productshotel and resort properties
ParentMarriott International
Websitest-regis.marriott.com
The St. Regis Macao

St. Regis Hotels & Resorts is a luxury hotel chain that is part of Marriott International.

History[edit]

In 1904, John Jacob Astor IV 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.[2] After an extensive restoration in 1991, the hotel became the flagship for the Sheraton premier hotels rebranded as the ITT Sheraton Luxury Collection.[3]

In 1998, Starwood acquired the Sheraton brand,[4] and created a new St. Regis brand.[5] In September 2016, Marriott gained the St. Regis chain as part of its acquisition of Starwood.[6] 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.[7]

Accommodations[edit]

North
America
Europe Middle E.
& Africa
0Asia &0
Pacific
Caribbean
Latin Am.
Total
2016[8] Properties      10 0005      005      015      003      38
Rooms 01,963 00720 001,402 003,639      0448 08,172
2017[9] Properties      11 0006      006      017      003      43
Rooms 02,228 00839 001,562 004,359      0448 09,436
2018[10] Properties      10 0006      004      018      003      41
Rooms 01,977 00834 001,168 004,612      0448 09,039
2019[11] Properties      10 0007      005      020      003      45
Rooms 01,968 01,002 001,426 004,812      0448 09,656
2020[12] Properties      10 0007      006      020      003      46
Rooms 01,968 01,002 001,788 004,811      0448 010,017

Locations[edit]

There are 53 St. Regis-branded hotels around the world with over 10,000 rooms.[1][12] Some of the better-known properties include:

The Tokenization of The St. Regis Aspen[edit]

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.[14]

References[edit]

  1. ^ a b "St. Regis Hotel Locations". www.marriott.com.
  2. ^ "St. Regis New York". www.historichotelsthenandnow.com.
  3. ^ "PR Newswire, 13 Jan 1994". www.thefreelibrary.com. Archived from the original on 2017-01-01.
  4. ^ "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….
  5. ^ "Los Angeles Times, 21 Jan 1998". www.newspapers.com. p. 46. ….St. Regis and Westin brands.
  6. ^ "CNBC, 23 Sep 2016". www.cnbc.com.
  7. ^ "Hotel Mogel, 22 Dec 2014". www.hotelmogel.com.
  8. ^ "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
  9. ^ "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
  10. ^ "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
  11. ^ "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
  12. ^ a b "2020 Annual Report". www.marriott.gcs-web.com. Marriott International. 18 February 2021. Retrieved 1 September 2021.
  13. ^ https://blockclubchicago.org/2020/11/25/vista-tower-chicagos-third-tallest-building-gets-a-new-name-st-regis-chicago/
  14. ^ "SolidBlock". solidblock.co. Retrieved 2020-11-11.

External links[edit]