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IHG to Sell InterContinental Paris – Le Grand for $442M

IHG to Sell InterContinental Paris – Le Grand for $442M

InterContinental Hotels Group today announces that it has received a binding offer from Constellation Hotels Holding Limited to acquire InterContinental Paris – Le Grand. The proposed purchase price is $442 million, payable in cash at completion. Constellation has made a ...

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Paris Hotels Experiment With Honesty Rates

Paris Hotels Experiment With Honesty Rates

A Paris hotel owner has come up with a promotion for travelers to pay what they want while staying at his hotel, according to this report from CNN. Aldric Duval has recruited four other city center hotels to join him in ...

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Hilton Paris Opera Undergoes Restoration Ahead of Launch

Hilton Paris Opera Undergoes Restoration Ahead of Launch

PARIS and MCLEAN, Va.—Joining the Hilton Hotels & Resorts portfolio in September 2014, the Concorde Opera Paris hotel has begun a significant $50 million restoration and enhancement program ahead of its relaunch as Hilton Paris Opera. Providing a sneak preview ...

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Karl Lagerfeld to Put Stamp on Hotel de Crillon

Karl Lagerfeld to Put Stamp on Hotel de Crillon

Fashion industry icon and Chanel couturier Karl Lagerfeld is continuing to make his mark in the hotel design world. He is already working closely with the Sofitel So Singapore and has also crafted the interiors for the Alma Schlosshotel in ...

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