St. Regis NYC & San Fran to Be Bought by Qatar Investment Authority

by Adam

As Starwood looks to sell real estate prior to the Marriott acquisition, Bloomberg reports that the Qatar Investment Authority is in the final stages of a deal to buy the St. Regis New York and San Francisco. The St. Regis has 238 rooms, while the San Fran location has 260 rooms. The publication reports that Starwood is also looking to unload the Westin Maui, Westin Peachtree, and the Tremont Chicago as well as the leasehold for the W Times Square.

St Regis NY

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cedric May 4, 2016 - 10:54 pm

Excellent !
Maybe now Qatar will start to fly to SFO

Mark May 5, 2016 - 5:26 pm

Confused. Why would Marriott be okay with them unloading assets after they set a sale price?


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