ASPEN, CO-Starwood Hotels and Resorts Worldwide has finallyfound a buyer for its St. Regis hotel in Aspen since listing it forsale nearly two years ago. The company has entered into a salesagreement with 315 East Dean Street Associates, a Delaware-basedcorporation.
The sale is expected to be completed on or before September 30,2010. OptAsia Capital Co., a Bangkok-based company, is representingthe buyer. Starwood will continue to run the hotel via a long-termmanagement contract. For the full story, go to Denver Post.
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