21st century
In 2007, Claret Capital, a real estate investment firm based in Dublin, Ireland, purchased the hotel for about $170 million. Claret renovated the property in 2008, but the Great Recession significantly hurt both the luxury hotel industry and the Irish economy, and Claret Capital was not able to continue making payments on the loan it had secured from Barclays Capital. Barclays foreclosed on the hotel in September 2010, and announced plans to auction off the property.[7]
Westbrook Partners, a real estate investment firm based in New York City, purchased The St. Regis from Barclays in May 2011 for $100 million.[8] Westbrook renovated the lobby and main bar in 2013. That same year, the hotel's high-end restaurant, Adour, closed and was replaced by a more moderately priced establishment, Decanter, which was owned and managed by the hotel itself.
Westbrook Partners sold The St. Regis to Al Rayyan Tourism Investment Co. (ARTIC), a hotel and resort investment company based in Qatar, for an undisclosed sum in July 2015. Included in the purchase was a 22000 sqft, two-story building next to the hotel. ARTIC said that the hotel would continue to be branded a St. Regis.[9]
The hotel is listed on the National Register of Historic Places, and is designated as a contributing property to the Sixteenth Street Historic District.
