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International Capital Trading to have St.Regis Hotel at Nation Towers

United Arab Emirates: Saturday, April 17 - 2010 @ 11:56

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has extended its development pipeline in the Arabian Gulf with the announcement of a second St. Regis hotel in the capital of the United Arab Emirates.

The St. Regis Abu Dhabi, will be located on the Corniche in downtown Abu Dhabi as part of the Nation Towers mixed-use development. Located at the top of one of the towers beginning at the 33rd floor, the hotel will feature 281 luxurious guest rooms, including 56 suites, signature restaurants, a connecting bridge restaurant, more than 4,800 square meters of ultra modern meeting and event space and over 3,000 square meters of dedicated health club with an outdoor swimming pool. Guests will also enjoy a beach club adjacent to the hotel which will also be operated by Starwood.

Owned by International Capital Trading, The St. Regis Abu Dhabi will dominate the Abu Dhabi waterfront offering extensive views over the Gulf in a location that is both central to the business district and directly on the Corniche. Located just a short drive from the recently opened F1 circuit, Ferrari museum, Gary Player-designed golf course and the Louvre, Guggenheim and Maritime museums, The St. Regis Abu Dhabi will provide an entrance into a captivating world of opulence offering a unique expression of its location.

The St. Regis Abu Dhabi is Starwood’s fifth project currently in development in the Middle East, including The St. Regis Doha, The St. Regis Bahrain, The St. Regis Hotel & Residences Dubai, and The St. Regis Hotel & Residences Sa’adiyat Island, the latter representing the brand’s resort debut in Abu Dhabi.

Mr Hamad Abdulla Al Shamsi, Chief Executive Officer of ICT said:

“ICT is proud to partner with the St Regis brand for its flagship development on the Corniche of Abu Dhabi. The signing marks another milestone for ICT who announced last year the award of the construction contract for the project. The combination of ICT’s prime location Nation Towers development together with the world class St Regis brand will provide arguably an unique luxury hospitality experience in Abu Dhabi.”

“The announcement of our second St. Regis in Abu Dhabi is another sign of Starwood’s commitment to developing its brands in the key destinations of the Middle East, where customized service is an integral part of the culture of hospitality,” said Roeland Vos, President of Starwood Hotels & Resorts in Europe, Africa and Middle East. “We are honored to build on our existing relationships in Abu Dhabi and we are confident that this project will be another prestigious addition to our portfolios of luxury hotels.”

Guests of The St. Regis Abu Dhabi will enjoy uncompromising personal care by the legendary St. Regis Butler Service. Available around the clock, St. Regis butlers take pride in attending to every detail and specification.

As the market leader in the region, Starwood currently operates more than 45 hotels throughout the Middle East with more than 20 projects in development.

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Saturday, April 17- 2010 @ 11:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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