Paulson & Co. Inc. (“Paulson”), an investment firm based in New York, announced today that its name has acquired Recovery Funds a majority interest in The St. Regis Bahia Beach Resort, Puerto Rico , and the Bahia Beach Resort & Golf Club.

St. Regis Saadiyat Island Resort, Abu Dhabi, has unveiled the resort’s flagship Royal Suite, the largest hotel suite in the United Arab Emirates. Spanning a lavish 2,100 square metres with four bedrooms, the duplex occupies the top two floors of the resort’s west wing and is priced at AED130,000 per night.

Max Wiegerinck, hotel manager, St Regis Saadiyat Island Resort, Abu Dhabi, speaks to Breaking Travel News at the World Travel Awards Middle East Gala Ceremony at Le Royal Meridien Beach Resort & Spa.

The St. Regis Doha is celebrating an historic milestone, with the hotel having welcomed its first guest a year ago. Since its official opening, the hotel has welcomed thousands of guests – including government diplomats for international conferences, celebrities, business executives and professional athletes.

St. Regis Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, has celebrated the highly-anticipated official opening of The St. Regis Mauritius Resort, marking the brand’s first hotel in Africa and the 30th St. Regis hotel in the world. Hosted at the exclusive St. Regis Mauritius Resort around the Manor House, the festivities were designed to celebrate St. Regis hotels from 1904 to 2013 and opened with a dance performance and speeches by the prime minister and van Paasschen.

Stephanie Carrier, director of marketing communication, The St. Regis Bali Resort at the World Travel Awards Asia, Australasia and Indian Ocean Gala Ceremony 2012