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Mystery Thai Buyer For St. Regis

Author: Bill Barnett. Category: Hotels. Posted: 5th Oct 2010

The US financial press is buzzing over the identity of a Thailand based buyer of the luxury St. Regis hotel in Aspen.

Sold by Starwood Hotels and Resorts the 179 room hotel transacted for a reported USD70 million to a Thai investor through Bangkok based OptAsia Capital.

OptAsia Capital are a firm specializing in mergers and acquisitions and works closely with private equity and high net worth individuals.

For now the identity of the purchaser is not known, and a Delaware based project vehicle has been used for the acquisition.

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