Buying the site (the old Hotel Majestic) and the refurbishment has cost 1 billion Euros.
Chinese are the biggest spending tourist nationality in Paris on a per capita basis; and that is their target market. In fact I was amazed last year to see a manager in the Hotel Crillon bowing to a group of Chinese!!
Posts: 15784 | Location: Australia and Saint Germain en Laye | Registered: 30 December 2013