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Qatar Acquires St. Regis San Francisco for $175M

The Qatar Investment Authority acquired the St. Regis in San Francisco from Marriott International Inc. for $175 million. The 260-room, 40-story landmark property will continue under the Marriott-branded flag.

The addition is part of QIA’s larger strategy of increasing its hotel holdings. The well-funded sovereign wealth fund has acquired $38 billion in assets since 2009.

The hotel will undergo a renovation covering the guestrooms and public areas. The property is adjacent to the revitalized SFMOMA, which re-opened its doors to the public earlier this summer.

The St. Regis San Francisco opened in November 2005, and was designed by Skidmore, Owings & Merrill. The property includes 100 private residences rising 19 floors above the hotel.

For comments, questions or concerns, please contact Dennis Kaiser


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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