Starwood in deal with Sands to bring St. Regis to Vegas, manage condos

09/5/2008 | Wall Street Journal, The

Starwood Hotels & Resorts Worldwide is teaming up with Las Vegas Sands Corp. to build a high-end St. Regis hotel on the Las Vegas Strip in exchange for managing a luxury condominium development for Las Vegas Sands. The deal represents Starwood's first luxury brand in the city and the first time the Las Vegas Sands casino operator has put one of its Las Vegas properties in the hands of an outside management company.

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