Staying Informed

Starwood Hotels & Resorts Advances Asset Light Strategy with Sale of Acclaimed St. Regis Bal Harbour Resort to Al ...

STAMFORD, Conn. & DOHA, Qatar--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Al Rayyan Tourism Investment Company (”ARTIC”), the international hospitality subsidiary of Al Faisal Holding Company, one of Qatar’s largest private diversified industry groups, today announced that ARTIC has acquired The St. Regis Bal Harbour Resort in Miami, Florida for $213 million. The ...
 
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