Could these major management changes be Ross Klein leaving Starwood to go to Hilton? His name WAS all over the press release announcing the opening, plus St. Regis was under his watch while he was at Starwood. We're just sayin....
All Starwood is saying is that the owner, Castillo Grand, LLC, "materially breached its management contract with Starwood ... after repeated requests and attempts to reconcile". Wow. Those must have been some major breaches for Starwood to drop a brand-spanking-new property like the St Regis after a little over a year.
We checked the St Regis's website, and sure enough, as of August 11th, 2008 it will no longer be a part of Starwood. So what will happen then? No one is saying for sure, but the hotel will definitely continue to stay open, under another 5-star flag and employees will be given jobs at other Starwood properties, or may stay on with the new management.
We've just opened the HotelChatter betting windows and are taking bets starting at $50 that it will turn into a Waldorf=Astoria or Conrad. Any takers?


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