Starwood has confirmed that The St. Regis Monarch Beach resort
will continue to operate business as usual following a consensual
transfer by its owner to Citi, the lender, which now owns the
400-room hotel.
In a statement issued on Monday, Citi affirmed
that the St. Regis brand will continue to manage the hotel, "The acquisition will have no impact on the hotel, golf club
or beach club, which will continue to operate at the highest
standards of service seamlessly and without interruption for
guests and employees."
The five star, five
diamond resort, The St. Regis Monarch Beach opened in 2001 and
quickly established itself as one of the state's premier luxury hotels.
"The St. Regis won't skip a beat
in providing the bespoke signature services that have made the
property one of the most exclusive resorts in North America," said
Johnny So, General Manager of the St. Regis Monarch Beach Resort.
"We remain committed to providing our guests with a flawless
experience at every turn, and we are proud, that despite the
challenging economic times, the St. Regis Monarch Beach continues
to gain market share and is outperforming its competitive set."
St. Regis Monarch Beach and Resort is fully operational,
including its popular destination bars as well as award-winning
restaurants and Spas - Club 19, Stonehill tavern, Motif
Restaurant, and Spa Gaucin.
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