Source: Sun Sentinel
” . . . The St. Regis Fort Lauderdale Resort is being stripped of its coveted St. Regis name.
Time will tell if the posh beachfront resort will be considered as exclusive when the name is yanked by Starwood Hotels & Resorts on Aug. 10.
One of only seven St. Regis hotels in North America, the resort was considered a symbol of Fort Lauderdale’s growing luxury hotel market, and some thought it had a shot to earn Mobil Travel Guide’s top 5-star rating, a designation bestowed on only 37 hotels last year.
The 220-unit St. Regis on State Road A1A opened in May 2007 and was among the first hotels in South Florida to sell condominium units to investors as a way of reducing the initial project costs. . . .”
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