The St Regis is a spectacular property and the main floor bar is a beautiful setting with great local entertainment but the star of this show is the lovely terrace that you must visit at sunset. In winter the sun sets over the mountains of Hanalei and in the summer it sets on the waters; it is just spectacular. The downside is that you really must come early for a seat and the cocktails run about $16 each (more than double what almost every restaurant in Kauai charges). You are definitely paying for the view and I'd do it again just to see that sunset. Definitely a must do on your trip to Kauai!
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