Paris' Famed Hotel de Crillon for Sale at $420 Million

by Jared Paul Stern (RSS feed)
Jun 8th 2009 at 4:01PM

Paris' famed Hôtel de Crillon, one of the world's most luxurious hotels with a clientele of celebs and royalty, has been put up for sale by its American owner Starwood Capital for about $420 million. Constructed in 1758 as a government building commissioned by Louis XV, the palatial edifice (above) near the Champs Elysées on Place de la Concorde was converted into a hotel 100 years ago. Its Leonard Bernstein suite, on the top floor with a wrap-around terrace, features one of the late maestro's pianos.

Other luminaries past and present who have patronized the Crillon include Marie Antoinette, King George V, the Shah of Iran, Winston Churchill, FDR, Elizabeth Taylor, Jackie O, Mariah Carey, Madonna and Arnold Schwarzenegger. The hotel is more likely to be sold to a high net-worth individual or a property investor rather than one of the large hotel chains, the Times of London reports. Starwood took over the Crillon in 2005 as part of its €2 billion acquisition of Taittinger's hotel and champagne empire.

Tags: Elizabeth Taylor, ElizabethTaylor, hotel, Hotel de Crillon, HotelDeCrillon, Leonard Bernstein, LeonardBernstein, Paris, Taittinger, Winston Churchill, WinstonChurchill

Filed under: Luxury Travel & Hotels, Wealth

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Welmoed Jun 8th 2009 5:45PM

I had the great fortune of staying at the Hotel de Crillon as a teenager, when my parents and I did a two-week tour of France. It is unfortunate that the magnificence of the place was lost on a surly adolescent, but I do remember the incredibly thick down duvets and the cool marble bathrooms.