The St. Regis Bal Harbour
The St. Regis Bal Harbour Resort is a luxury resort in [Bal Harbor|Harbour, Florida|Bal Harbour], Florida. The resort is located across from the Bal Harbour Shops and near Miami's South Beach. In January 2014, the Qatar-based Al Faisal Holding Company LLC acquired the St. Regis Bal Harbour Resort from Starwood Hotels & Resorts Worldwide, Inc.
Property details
Located in the Miami-Dade County village of Bal Harbour, the St. Regis Bal Harbour Resort is a 27-story oceanfront property. The property, which opened in 2012, is located on a 9.5-acre plot which includes 600 feet of oceanfront access. In addition to the 207 hotel rooms, the St. Regis Bal Harbour Resort also includes private residences and condominium-hotel suites.The St. Regis Bal Harbour Resort has amenities and services including three dining areas, a fitness suite, spa, business center, kids' club and two ocean-view pools.
The St. Regis Bal Harbour Resort's restaurants include Atlantikos, The Grill at St. Regis, La Gourmandise and The St. Regis Bar & Wine Vault.
ARTIC acquisition
In January 2014, Starwood Hotels & Resorts Worldwide sold the St. Regis Bal Harbour Resort to the Al Faisal Holding Company's real estate and hospitality focused subsidiary, Al Rayyan Tourism Investment Company, for $213 million. # edn1| The previous owner Starwood would continue to serve as the property managers and the resort would continue to operate as a St. Regis resort. According to a 2014 report, the deal is among the largest property sales in South Florida.In 2016, ARTIC allocated $35 million in order to add a restaurant, three, four-bedroom suites, and a renovated lobby to the St. Regis Bal Harbour resort.