Starwood Hotels & Resorts Worldwide has divested The St Regis, Rome property to subsidiaries of Constellation Hotels Holding for €110m.

Originally opened as the Grand Hotel in 1896, The St Regis, Rome became the first of its hotel brand to open in Europe. It is located at Via Vittorio Emanuele Orlando 3, overlooking the Piazza della Repubblica in central Rome.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Starwood will continue to operate the hotel under the St Regis brand flag as part of a new long-term management agreement.

"The sale of The St Regis, Rome further advances Starwood’s asset-light strategy as we continue to seek the right owners and partners to create value for our shareholders and focus on growing our global fee business."

Subject to obtaining the required administrative authorisations, Constellation Hotels Holding will renovate The St Regis, Rome, including upgrades to all 161 guestrooms and suites and a redesign of the restaurant and lounge.

In addition, improvements will be made to the hotel’s lobby, meeting space, business centre and exterior façade.

See Also:

Starwood global development president Simon Turner said: "The sale of The St Regis, Rome further advances Starwood’s asset-light strategy as we continue to seek the right owners and partners to create value for our shareholders and focus on growing our global fee business, and we are delighted to collaborate with Constellation Hotels Holding to ensure the future success of this extraordinary hotel.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"With the benefit of favourable market conditions, we are seeing strong interest in our remaining assets from a broad array of investors around the world."

Constellation CEO Zaki El Guiziri said: "The St Regis, Rome is an outstanding addition to our growing global portfolio of world-class assets in the world’s most desirable destinations.

"Building on its rich legacy, The St Regis caters to the next generation of luxury travelers with its uncompromising elegance, modern amenities and bespoke service. I take this opportunity to express our thanks to our advisors Hogan Lovells and BNP Paribas for their assistance in the closing of the transaction."

Starwood Hotels & Resorts Worldwide operates nearly 1,200 properties in 100 countries.