St. Regis Hotels & Resorts to Debut in Latin America with the New St. Regis Hotel, Mexico City; New St. Regis to Deliver Superior Service and Refined Elegance Unmatched in the Region.WHITE PLAINS, N.Y. -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE NYSE See: New York Stock Exchange :HOT) announced today plans to build the first St. Regis Hotel in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Scheduled to open in 2007, the St. Regis Hotel, Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi is owned by Grupo 1818, a group of several prominent Mexican real The real was a currency of Mexico, issued until 1897. There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales. estate investors and developed by Ideurban Consultores, one of the largest real estate development companies in Mexico. When it debuts, the St. Regis Hotel, Mexico City will boast the city's most luxurious accommodations, targeting discriminating travelers and locals alike with 189 luxuriously appointed guest rooms and suites and approximately 100 stunning private residences. Known for its signature butler service, exquisite design and indulgent in·dul·gent adj. Showing, characterized by, or given to indulgence; lenient. in·dul  gent·ly adv. spas, St. Regis is among the world's most revered luxury hotel brands with 10 award-winning properties around the globe. As with all St. Regis properties, the St. Regis Hotel, Mexico City will boast a second-to-none location, ideally situated on distinguished Reforma Avenue. Hotel guests and Residence owners will enjoy full access to the hotel's opulent op·u·lent adj. 1. Possessing or exhibiting great wealth; affluent. 2. Characterized by rich abundance; luxuriant. [Latin opulentus; see op- in Indo-European roots. services and amenities including its butler service, an exclusive Remede Spa, fine dining restaurants and wine cellar. "We continue to aggressively yet very selectively grow the St. Regis brand, setting our sites on only the most desirable addresses, and we consider Mexico City to be among the world's most vibrant international destinations, and this particular location especially stellar," said Stephen Alden, Senior Vice President of St. Regis Hotels & Resorts. Reputed for working with the world's finest World's Finest may refer to:
Some or all of this information may be speculative, and the content may change as building construction begins. in Barcelona and the International Finance Center in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . Toronto's Yabu Pushelberg will oversee the interior design of the building, masterfully mas·ter·ful adj. 1. Given to playing the master; imperious or domineering. 2. Fit to command. 3. Revealing mastery or skill; expert: a masterful technique; masterful moviemaking. utilizing design elements that reflect a contemporary style executed in the finest finishes. Yabu Pushelberg is also heading the interior design of the highly-anticipated St. Regis Hotel, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , which will open this November. "We are thrilled to be partnering in this exceptional project with the finest professionals in their respective fields, including Pelli Studios for architecture, Yabu Pushelberg for interior design, and St. Regis, a brand which is setting the standard for luxury hospitality," said Mr. Isaac Hamui president of Grupo 1818. "As the St. Regis brand's first foray into Verb 1. foray into - enter someone else's territory and take spoils; "The pirates raided the coastal villages regularly" raid encroach upon, intrude on, obtrude upon, invade - to intrude upon, infringe, encroach on, violate; "This new colleague invades my Latin America, this is an extraordinary announcement for the region. Mexico City is an exceptional destination for both business and leisure travelers and we are proud to be able to add this splendorous property to the already remarkable portfolio of hotels and Starwood owns and manages in the country," said Osvaldo Librizzi, President Starwood Hotels & Resorts, Latin America Division. St. Regis has made significant strides into the luxury residential real estate market with exclusive St. Regis Residences in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , San Francisco, Aspen, Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Anguilla and Singapore, all of which are under development. Starwood Hotels & Resorts, the parent of St. Regis Hotels & Resorts, has enjoyed a long and prosperous history in Mexico with 22 hotels and resorts nationwide and four hotels in Mexico City including the Sheraton Maria Isabel Hotel & Towers and the W Mexico City. St. Regis Hotels & Resorts includes the most celebrated properties in the world. As the landmark St. Regis Hotel, New York celebrates its 100th anniversary, the company will unveil highly anticipated St. Regis properties in San Francisco (November 2005), Fort Lauderdale (2006), Anguilla (2007), Deer Valley Deer Valley is an alpine ski resort in the Wasatch Range in the Park City area of northern Utah. Deer Valley is for skiers only, as it prohibits snowboarding. During the 2002 Winter Olympics Deer Valley hosted the freestyle moguls and aerial, and alpine slalom events. , UT (2007), Mexico City (2007), Singapore (2007) and Bal Harbour, FL (2008) that will further extend the brand's legacy as the preeminent hotel group. A common thread unites St. Regis: an unrelenting pursuit of excellence in flawless, anticipatory service and amenities, enviable locations and luxuriously localized design. For more information on St. Regis Hotels & Resorts, please visit stregis.com Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 750 properties in more than 80 countries and 120,000 employees at its owned and managed properties. With internationally renowned brands, Starwood(R) corporation is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis(R), The Luxury Collection(R), Sheraton(R), Westin(R), Four Points(R) by Sheraton, and W(R), Hotels and Resorts as well as 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 About Grupo 1818: Grupo 1818, S.A. de C.V. is a group of private investors with a broad range of experience in the construction industry and real estate development. This visionary company is an active participant in the development of the Mexican tourism industry. About IDEURBAN: Established in 1974, IDEURBAN is one of Mexico City's leading urban development companies delivering a complete range of integrated real estate solutions and construction services. Supporting the needs of communities, governments, commerce and industry on a local, national, and international basis, the company has led projects in markets ranging from hospitality, residential, retail and commercial to highway infrastructure, mixed-use developments and urban planning urban planning: see city planning. urban planning Programs pursued as a means of improving the urban environment and achieving certain social and economic objectives. . IDEURBAN is recognized for its skilled professional staff and its commitment to the highest quality and ethical standards. The company is currently involved in the development of the three largest private-sector construction projects in Mexico City, including the St. Regis Hotel. (Note: This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of federal securities regulations. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties and other factors that may cause actual results or events to differ materially from those anticipated at the time the forward-looking statements are made. These risks and uncertainties include the risk that the transaction itself will not be consummated, that the anticipated benefits of the transaction will actually be realized as well as other risks and uncertainties presented in detail in our filings with the Securities and Exchange Commission. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results and events will not materially differ. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information.) |
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