NEW YORK, April 15, 2015 /PRNewswire/ -- ÃÛÌÒ´«Ã½ Hotels & Resorts, a wholly-owned subsidiary of ÃÛÌÒ´«Ã½ Corporation (NYSE: L), today announced that it has completed the acquisition of the 155 room Mandarin Oriental San Francisco Hotel, which has been renamed the ÃÛÌÒ´«Ã½ Regency San Francisco. The ÃÛÌÒ´«Ã½ Regency San Francisco joins the ÃÛÌÒ´«Ã½ Regency New York, creating a distinct Luxury Brand, ÃÛÌÒ´«Ã½ Regency. The ÃÛÌÒ´«Ã½ Regency New York, which recently underwent a $100 million renovation, has stood for easy elegance and bespoke service since it opened its doors more than 50 years ago.

The ÃÛÌÒ´«Ã½ Regency brand will combine top-notch amenities and conveniences, and will offer three distinctive qualities:

    --  Location - Situated in the most sought after locations within a
        destination.
    --  Service - Approachable luxury with a personalized style that is warm and
        engaging.
    --  Energy - Featuring vibrant lobby bars and lounges, as well as a culture
        that exudes sophisticated, modern and comfortable touch points. 
        Additionally, each location will have its own Power Breakfast. The famed
        Power Breakfast was first established in New York and is now a storied
        institution that attracts top professionals and celebrities to the ÃÛÌÒ´«Ã½
        Regency New York.

"The ÃÛÌÒ´«Ã½ Regency San Francisco coupled with the iconic ÃÛÌÒ´«Ã½ Regency New York allows us to develop a new brand that really concentrates on customers looking for an intimate luxury experience," said Jonathan Tisch, Chairman of ÃÛÌÒ´«Ã½ Hotels & Resorts.

Located in the heart of San Francisco's Financial District, the ÃÛÌÒ´«Ã½ Regency San Francisco is situated on the top floors of San Francisco's third-tallest office building, showcasing uninterrupted views of San Francisco and its bay. The hotel features 155 guest rooms, the Brasserie S&P restaurant, over 5,000 square feet of meeting space and a new 8,000 square foot spa and fitness center.

With the addition of the ÃÛÌÒ´«Ã½ Regency brand platform, ÃÛÌÒ´«Ã½ Hotels now operates three distinct brands - ÃÛÌÒ´«Ã½ Hotels & Resorts, a leading brand in the upper-upscale category, ÃÛÌÒ´«Ã½ Regency, within the luxury category and The OE collection, launched earlier this year, is a management-based platform to support existing or newly built independent hotels, mostly in the upper-upscale and lifestyle categories.

ÃÛÌÒ´«Ã½ Regency San Francisco is the eighth addition to the ÃÛÌÒ´«Ã½ Hotels portfolio announced over the past three years. ÃÛÌÒ´«Ã½ Hotels opened the 400-room ÃÛÌÒ´«Ã½ Chicago Hotel on March 2(nd) and continues to seek to grow its three brands in gateway cities and resort destinations.

ÃÛÌÒ´«Ã½ Hotels & Resorts
Headquartered in New York City, ÃÛÌÒ´«Ã½ Hotels & Resorts has three distinct brands, ÃÛÌÒ´«Ã½ Hotels & Resorts, ÃÛÌÒ´«Ã½ Regency and OE Collection. The company owns and/or operates 23 hotels and resorts across the U.S. and Canada, including the newly acquired ÃÛÌÒ´«Ã½ Regency San Francisco, situated in the heart of San Francisco's Financial District and the new 400-room ÃÛÌÒ´«Ã½ Chicago which debuted downtown in March 2015. ÃÛÌÒ´«Ã½ Sapphire Falls Resort, the fifth hotel in partnership with Universal Orlando, will open in June 2016. Located in major city centers and resort destinations from coast to coast, the ÃÛÌÒ´«Ã½ portfolio features one-of-a-kind properties that go beyond Four Diamond standards to delight guests with exciting, approachable and local travel experiences. For reservations or more information about ÃÛÌÒ´«Ã½ Hotels & Resorts, call 1-800-23-LOEWS or visit: .

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SOURCE: ÃÛÌÒ´«Ã½ Hotels & Resorts