Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today plans to launch a new ultra-luxury resort and residential project. Temenos Anguilla, a St. Regis Retreat, will debut in 2006 as a leisure extension of Starwood`s renowned St. Regis brand.
“We believe that this opportunity to develop a super luxurious resort, which surpasses even a five-star level of quality, featuring architecturally-significant residences and the finest golf, tennis, resort and spa facilities achievable today, represents an ideal launch for the St. Regis brand into the Caribbean,” said Barry S. Sternlicht, Starwood`s Chairman and CEO. “Temenos Anguilla, a St. Regis Retreat will be private and exclusive, catering to the very top end of the market, and this distinctive Retreat may be something we will want to replicate in other exclusive destinations.”
Temenos Anguilla, a St. Regis Retreat will create a refined luxury lifestyle offering a unique experience for owners and guests. The resort will feature St. Regis standards including large accommodations, luxurious bathrooms, fine furnishings and fine dining as well as the brand`s incredible levels of service that will not only be available to guests, but also to villa and home owners. The announcement comes at a time when Starwood is making a strong overall push to grow its St. Regis brand through mixed-use hotel/residential projects in luxury resort destinations around the world, including Mexico and Asia Pacific, in addition to the Caribbean.
Starwood will partner with New York-based Flag Luxury Properties and investor Robert F.X. Sillerman to develop the Retreat. Located in Rendezvous Bay, Anguilla, the resort will feature 97 rooms, 20 Estate Homes and 16 Oceanfront villas. Some of the residences will be ready for occupancy in 2005.
“The original St. Regis built by John Jacob Astor in 1904 redefined the luxury hotel experience in the early days of the 20th Century,” said Paul Kanavos, Chairman and CEO of Flag Luxury. “A century later we intend to introduce a new standard in luxury leisure living and are glad to partner with the likes of the St. Regis brand and their leaders who have run such illustrious resorts as Little Dix Bay, Caneel Bay and Las Ventanas during their careers. We are sure that even Mr. Astor would be impressed by our vision for fine living and leisure.”
Temenos Anguilla, a St. Regis Retreat, will feature an 18-Hole Championship golf course developed by Greg Norman scheduled to open in 2005 which will be Anguilla`s first golf course. The spa and fitness facilities are intended to be the most elite in the Caribbean as are the Retreat`s multiple food and beverage offerings including an ideally located beachfront bar.
There are 11 St. Regis hotels currently in operation, all named for the 1904 Beaux Arts landmark hotel in New York City. The legendary flagship is consistently ranked as one of the world`s finest. There also are St. Regis hotels in Los Angeles, Aspen, Shanghai, Beijing, Houston, London, Rome, Washington, D.C., and Dana Point, California. Each is unique to its surroundings, and each offers guests a high level of customized service. New St. Regis hotels are currently under development in San Francisco, Ft. Lauderdale and Singapore. Designed to capitalize on the extraordinary reputation of The St. Regis New York, the St. Regis brand is the first new luxury hotel brand in nearly 20 years. For additional information on St. Regis Hotels & Resorts, please call 1-877-STREGIS (1-877-787-3447) or visit the website at www.stregis.com.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) is one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries and 105,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, 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.starwood.com