How much did it cost to renovate the Ritz Paris?


How much did it cost to renovate the Ritz Paris? To retain the Ritz's unique brand of je ne sais quoi, Fayed and New York-based architect Thierry W. Despont have put in considerable effort. And a considerable sum: The Wall Street Journal recently estimated the cost of the renovation at a staggering $450 million. Some of the changes are as subtle as lace.


Can you live in the Ritz?

LIVE HERE, ALWAYS ® The Ritz-Carlton Residences embody a unique sense of place and cultivate a local aesthetic, wherever they are in the world.


Why did Dodi and Diana leave the hotel?

Diana and Fayed then departed from the hotel's rear entrance, Rue Cambon, at around 00:20 on 31 August CEST (22:20 on 30 August UTC), heading for the apartment in Rue Arsène Houssaye. They did this to avoid the nearly 30 photographers waiting in front of the hotel.


Are the Ritz London and the Ritz Paris related?

The London Ritz is not connected to its Paris namesake. Both were founded by the same man, but are now under entirely separate ownership. The Paris Ritz was where Princess Diana dined just before her fatal car crash in 1997.


What hotel did Princess Diana stay in Paris?

The Ritz, bought by Mohamed Al Fayed in 1979 and refurbished in rich belle époque style, has a reputation for discretion. At the very beginning of their romance, Diana and Dodi stayed in the Imperial Suite. Le Patron, as the mercurial Mohamed Al Fayed is known affectionately by staff, picked up the bill.


How expensive is the Ritz Paris?

The cheapest price a room at Ritz Paris was booked for on KAYAK in the last 2 weeks was $2,400, while the most expensive was $2,400.


Why is the Ritz Paris so famous?

Because of its status as a symbol of high society and luxury, the hotel is featured in many notable works of fiction, including novels (F. Scott Fitzgerald's Tender Is The Night and Hemingway's The Sun Also Rises), a play (Noël Coward's play Semi-Monde), and films (Billy Wilder's 1957 comedy Love in the Afternoon and ...


Do the Fayeds still own the Ritz?

Al Fayed had an estimated net worth of 1.70 billion pounds, according to the 2023 Sunday Times of London Rich List. At the time of his death, Al Fayed had already sold off two of the biggest brands in his portfolio, Harrods and the London soccer team Fulham FC. He still owned The Ritz in Paris.


Who lives in Ritz Paris for 34 years?

As a neighbor on the rue Cambon, Gabrielle Chanel decided one day in 1937 to take a suite at the Ritz Paris. She would stay for 34 years.


Why is the Ritz Paris so expensive?

Recent Renovations Have Boosted the Hotel's Prestige & Comfort. If the Ritz has always been an emblem of royal-level luxury in the French capital, its recent overhaul worth $450 million has made it a destination more than worthy of Palace status.