MARKET NEWS / Shangri-La: First European hotel in Paris
Magazin • 27.1.2006 • 873
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Shangri-La: First European hotel in Paris

27.1.2006

Hong Kong/Paris. Shangri-La Asia has acquired the historic palais of Prince Roland Bonaparte with plans to convert it to the Shangri-La Hotel, Paris in late 2008, marking the group's European debut. The Bonaparte family mansion in Paris' 16th arrondissement will be converted into the capital's first luxury hotel fully owned and operated by an Asian hotel group.

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