Powering ahead in Asia Pacific, St. Regis Hotels & Resorts is raising its flag in three prime locations in a move that will quadruple the brand's portfolio in the region and give it presence in previously untapped markets. Operated by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), the new St. Regis properties include the brand’s first hotels in Japan and Thailand: St. Regis Hotel, Osaka and St. Regis Hotel & Residences, Bangkok. St. Regis is also adding its third property in China: St. Regis Hotel, Tianjin. Scheduled to open between 2009 and 2011, these three new St. Regis hotels will strengthen Starwood’s leadership position in the luxury hotel market.
"Established in 1904 with the opening of the internationally acclaimed St. Regis Hotel New York, the highly esteemed St. Regis brand continues to enhance its extraordinary reputation by adding highly coveted addresses to its global portfolio, such as these three new properties in Asia Pacific," said Miguel Ko, President of Starwood Hotels & Resorts, Asia Pacific. "Recently announcing plans for several new hotels in some of Asia Pacific's most appealing destinations, St. Regis commands a loyal following in the region's rapidly expanding luxury hotel market among customers and investors alike."
In the next two years, St. Regis is opening new properties in Macao, Bali and Singapore. Following its introduction to Asia Pacific in 2000 with hotels in Beijing and Shanghai, St. Regis is now expanding into seven other locations including Tianjin, Bangkok, Tibet, Bali, Jakarta, Macao and Osaka.
"Combining sophistication with modern refinement, the St. Regis brand and its uncompromising bespoke service will certainly set a new standard in luxury living in these desirable markets in Asia Pacific, while simultaneously broadening the brand's portfolio to include capital cities, centers for commerce and industry, and exclusive vacation destinations," added Ko.
1. St. Regis Hotel, Tianjin
Scheduled to open in 2011, St. Regis Hotel, Tianjin will establish the luxury lifestyle brand in one of China's key ports and industrial centers. A city rich in historic sites, Tianjin is one of China's four municipalities as well as the third largest city in China with thriving manufacturing, petrochemical and textile industries. Home to several opera companies, China's first University and an impressive collection of folk art, Tianjin is known as a cultural hub and one of the country's fastest growing coastal cities.
Part of a mixed use development, St. Regis Hotel, Tianjin will offer 284 rooms, more than 20,000 square feet of meeting space, six restaurants, a spa and pool. Tianjin is preparing for an influx of visitors next year as the city will serve as one of five main competition venues outside of Beijing for the 2008 Olympic Games.
About St. Regis Hotels & Resorts
St. Regis Hotels & Resorts includes the most celebrated properties in the world. Founded by John Jacob Astor with the landmark St. Regis Hotel, New York over a century ago, the company will unveil highly anticipated St. Regis properties in Punta Mita, Mexico (2007), Singapore (2007), Anguilla (2008), Atlanta (2008), Bali, Indonesia (2008), Costa Rica (2008) Deer Valley, Utah (2009), Mexico City, Mexico (2008), Bahia Beach, Puerto Rico (2009), Macao (2010), Bal Harbour, FL (2010) and Baha Mar, Bahamas (2011) that will further enhance the brand’s legacy. Personalized service and amenities, enviable locations and luxuriously localized design are recognized worldwide as hallmarks of the St. Regis experience. For more information on St. Regis Hotels & Resorts, please visit www.stregis.com.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 850 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood® Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis®, The Luxury Collection®, Sheraton®, Westin®, Four Points®, W®, Le Méridien® and the recently announced AloftSM and ElementSM Hotels. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com.
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