The Legendary St. Regis Hotel, New York Named the #1 Hotel in the World by Institutional Investor
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The Legendary St. Regis Hotel, New York Named the #1 Hotel in the World by Institutional Investor
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Category: North America & West Indies / Carribean islands
This is a press release selected by our editorial committee and published online for free on 2005-11-18
St. Regis Hotels & Resorts is delighted to announce The St. Regis Hotel, New York has been named the number one hotel in the world by the readers of Institutional Investor. With a score of 93.3, The St. Regis Hotel, New York is the first New York hotel to win the coveted top spot in the survey's 25-year history.
"I am very proud to lead a hotel that has proved itself so dedicated to providing exemplary service to its guests. This is an incredible achievement for all of us and the realization of a hotelier's dream," stated Scott Geraghty, general manager of The St. Regis Hotel, New York.
The St. Regis Hotel, New York represents the flagship of the St. Regis brand, which includes 11 of the most celebrated hotels and resorts around the globe. The brand is on a dynamic growth path with St. Regis properties opening in Bora Bora, Fort Lauderdale, Anguilla, Mexico City, Singapore, Atlanta, Bal Harbor, FL and Deer Valley, UT over the next three years. The highly-anticipated St. Regis Hotel, San Francisco recently opened to great acclaim.
The magazine's annual survey was released in the November issue of Institutional Investor, and marks the 25th year the survey has been published. Two other St. Regis Hotels were recognized by readers -- The Lanesborough, A St. Regis Hotel, was honored with the 12th spot, while the St. Regis Hotel, Beijing captured the 27th.
To conduct the survey, Institutional Investor asked participating financiers to rate hotels they had visited recently on a scale of 1 to 100. The scores were averaged and ranked according to a formula that assigns greater weight to those panelists who are the most frequent travelers. Any hotel requires a significant number of votes to qualify.
Institutional Investor's readers surveyed spent an average of 62 nights in a hotel last year. The monthly magazine reaches an audience of the leading corporate and financial decision makers from around the world. Its subscribers are some of the most affluent and influential people in America, with an average household income $817,000. 40% of all Institutional Investor subscribers work within the top executive and financial management levels of their organization and over fifty percent hold an MBA or post-graduate or university degree.
The St. Regis New York is regarded as one of the finest addresses in the world. The hotel's majestic Beaux Arts exterior, elegant public spaces, exquisitely designed guest rooms and suites and unparalleled, anticipatory service have preserved its legendary status for 100 years. Ideally located in the heart of Manhattan at the corner of Fifth Avenue and 55th Street, The St. Regis Hotel, New York marks its 100th anniversary with a Centennial Renovation by noted designers Sills + Huniford. Further underscoring its reputation for luxury and pampering, The St. Regis Hotel, New York recently unveiled a new Remede Spa. The hotel's famous King Cole Bar & Lounge, one of the city's most stately cocktail lounges, continues to draw the city's elite. Please visit www.stregis.com for more information.
St. Regis Hotels & Resorts includes the most celebrated properties in the world. Founded by John Jacob Astor with landmark St. Regis Hotel, New York over a century ago, the company will unveil highly anticipated St. Regis properties in Bora Bora, French Polynesia (2006) Fort Lauderdale (2006), Anguilla (2007), Mexico City (2007), Singapore (2007), Atlanta (2008) Bal Harbour, FL (2008) and Deer Valley, UT (2008) that will further enhance the brand's legacy. Personalized service and amenities, enviable locations and luxuriously localized design are recognized worldwide as hallmarks of the St. Regis experience. For more information on St. Regis Hotels & Resorts, please visit www.stregis.com.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) 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. Starwood(R) Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis(R), The Luxury Collection(R), Sheraton(R), Westin(R), Four Points(R) by Sheraton, and W(R). Starwood Hotels also owns 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.
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