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The St. Regis San Francisco The St. Regis San Francisco

Marriott International Sells St. Regis to QIA

Marriott International announced the completion of the sale of The St. Regis San Francisco for approximately USD175 million to Qatar Investment Authority (QIA).

Marriott International will continue to manage the hotel under a long-term management contract.

"We have a strong and successful partnership with QIA and we are thrilled that this iconic hotel will expand QIA's collection of Marriott-branded hotels to the US," said Arne Sorenson, president, Marriott International.

"This hotel will remain a flagship for the St. Regis brand, a jewel in the Marriott International portfolio and one of San Francisco's most desired places to stay."