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St. Regis Deer Crest Bucks Trend

Published Friday, December 04, 2009

Stan Castleton admits he’s gotten some strange looks while developing the ultra-luxury $320-million St. Regis Deer Crest Resort in Park City, UT. It’s one of the few five-star resorts to open in 2009, one of the toughest years in the industry’s history, especially for the luxury segment. St. Regis, in fact, was the brand where AIG spent hundreds of thousands of dollars in California days after receiving billions in a government bailout, causing an effect still being felt more than a year later. Still, Castleton, the founder and CEO of DDRM, a real estate development company ...

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