One of the most famous hotels in Paris - magnificent George V palace - plans to invest about 20 million euros in reconstruction of its rooms.
Such massive expenditures of George V were caused by expansion of the Asian hotel chains in the market of luxury hotels in the capital of France. So, in 2011, were already opened or planned to be opened several hotels, which will hold similar to George V price niche. We are talking about hotels of Shangri-La, Raffles, Mandarin Oriental, as well as Peninsula hotel chains.
Chief designer of George V will be Pierre-Yves Rochon. He will be responsible for the interior of all 245 rooms hotel. It is worth noting that the famous French designer has already participated in development of the interior design for one of the Asian rivals of George V - Snahgri-La Paris hotel.
In total, changes and design innovations will affect 12 elements of design in the rooms. In this case, what specific elements of the rooms will be changed, George V managers did not specify.
Reconstruction of George V will not only change the image of the rooms. They will add completely exclusive items to the entire hotel. It will be the exclusive bridal suite on the eighth floor of the hotel with a 360-degree view of Paris.
George V was among the first in France, received the official status of the "5-star" hotel in accordance with the latest system of classification of French hotels. The hotel belongs to the so-called "palace hotels", which are also included in the register of the monuments of national importance. In addition to the George V among Parisian palace hotels are also Le Bristol, Le Meurice, Hotel de Crillon, The Plaza Athenee, Hotel Fouquet's Barriere, and The Ritz. In total in France there are 20 hotels of this class.
Currently, cost of hotel accommodation in Paris "palaces" is higher than in other hotels of the "5-star" class on average by 50%. As expected, in the end of 2012 the market of ultra-luxury hotels in Paris will increase nearly by half.