Mystery Thai Buyer For St. Regis
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.