St. Regis Hotels & Resorts () is an American multinational

luxury hotel A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suite (hotel), suites with bigger, higher-quality beds, a d ...

chain, owned and managed by

Marriott International Marriott International, Inc. is an American multinational corporation, multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 37 ho ...

History

Origins

In 1904,

John Jacob Astor John Jacob Astor (born Johann Jakob Astor; July 17, 1763 – March 29, 1848) was a German-born American businessman, merchant, real estate mogul, and investor. Astor made his fortune mainly in a fur trade monopoly, by exporting History of opiu ...

built the St. Regis New York as a sister property to his part-owned

Waldorf-Astoria Hotel The Waldorf Astoria New York is a luxury hotel and condominium residence in the Midtown Manhattan neighborhood of New York City, New York. The structure, at 301 Park Avenue between 49th and 50th Streets, is a 47-story, Art Deco landmark des ...

. 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 Sheraton Hotels and Resorts is an American international hotel chain owned by Marriott International. As of June 30, 2020, Sheraton operates 446 hotels with 155,617 rooms globally, including locations in North America, Africa, Asia-Pacific, Centr ...

purchased the property. After an extensive restoration in 1991, the hotel became the flagship for the Sheraton premier hotels rebranded as the ITT Sheraton Luxury Collection.

Modern brand

In 1997,

Starwood Hotels and Resorts Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Sta ...

acquired Sheraton from ITT. The St. Regis brand was launched in 1998, when Starwood rebranded a former Ritz-Carlton property it had bought in Aspen, Colorado as The St. Regis Aspen. In 1999, Starwood rebranded the Carlton Hotel in Washington, D.C. and two more former Ritz-Carlton properties in Houston and Philadelphia as St. Regis hotels. In September 2016, Marriott gained the St. Regis chain as part of its acquisition of Starwood. The brand name cannot be used in the lower mainland of

British Columbia British Columbia is the westernmost Provinces and territories of Canada, province of Canada. Situated in the Pacific Northwest between the Pacific Ocean and the Rocky Mountains, the province has a diverse geography, with rugged landscapes that ...

, because the name is legally owned by the independent St. Regis Hotel, Vancouver, built in 1913. 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.

Accommodations

Locations

Currently, there are 58 St. Regis-branded hotels around the world with over 10,000 rooms.

References

External links

* {{DEFAULTSORT:St. Regis Hotels and Resorts St. Regis hotels Hotels established in 1904 Marriott International brands American companies established in 1998 Hospitality companies established in 1998 Franchises Hotels established in 1998