The Westin Paris – Vendôme Explained

Hotel Name:The Westin Paris - Vendôme
Location:3, Rue de Castiglione, Paris, France
Pushpin Map:Paris
Coordinates:48.8708°N 2.3308°W
Opening Date:April 1878
Operator:Westin Hotels
Owner:Dubai Holding
Number Of Restaurants:2
Number Of Rooms:440
Floors:5

The Westin Paris – Vendôme is a historic hotel in Paris, France at 3 rue de Castiglione on the corner of the rue de Rivoli, facing the Tuileries Garden.

History

The hotel opened on June 6, 1878, as the Hôtel Continental,[1] It was designed by Charles Garnier's son-in-law Henri Blondel[2] and was intended to be the most luxurious hotel in Paris at the time. It occupied a full block, the former premises of the Ministry of Finance, (burned in 1871) which had been designed by François-Hippolyte Destailleur in 1817, following the Bourbon Restoration.[3] During the first World War the hotel was used as a military hospital by the French.[4] The Hôtel Continental remained the largest hotel in Paris for decades; the Russian Grand Dukes habitually stayed there;[5] at the Liberation of Paris, bedsheets were hung from its windows as cheerful flags of surrender.[6] The hotel was renamed the Inter-Continental Paris in 1969, and then became The Westin Paris in 2005, adding the suffix Vendôme to its name in 2010.

The hotel was sold by Singapore-based sovereign wealth fund GIC to London-based Henderson Park Capital in 2017[7] for €550 million.[8] The new owners announced that the hotel would be renovated at a cost of $350 million by designer Tristan Auer and would become part of Jumeirah Hotels & Resorts in 2022.[9] The renovation and reflagging did not happen. In 2018, Dubai Holding, the personal investment portfolio of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, bought a minority stake in the hotel.[10] Henderson Park put the hotel up for sale in February 2022, for €800 million.[11] However, in March 2023, Dubai Holding bought out Henderson Park's controlling stake in the hotel for €650 million. It was announced that the hotel would remain under Westin management at least through the 2024 Paris Olympics.[12]

External links

Notes and References

  1. Karl Baedeker, Paris and Its Environs, 1878.
  2. "Henri Blondel (1832-97), son-in-law of Charles Garnier" (Elaine Denby, Grand Hotels: Reality and Illusion (1998:85).
  3. http://www.minefi.gouv.fr/directions_services/cedef/ministere_ville/tha.html see note)
  4. "Belonging and Betrayal", Gervase Vernon, Amazon, 2013
  5. http://www.picrare.com/Royalty_Digest/RDArticles/RDArticles4.htm Notes by Lord Hardinge
  6. http://www.paris.org/Expos/Liberation/Surrender/ Vintage photo
  7. Web site: Henderson Park buys second Paris hotel property. 28 December 2017.
  8. Web site: Henderson Park acquires iconic Westin Paris-Vendome | Experience.
  9. Web site: How Jose Silva is Cooking up a Plan to Make Jumeirah a Culinary Destination for Luxury Travelers. Forbes.
  10. News: Dubai Holding buys out the Westin Paris - Vendôme - Hotelier Middle East . Hotelier Middle East . March 2023 .
  11. Web site: Henderson Park Test the Market for High End Hotels by Putting the Westin Paris up for Sale at €800m. 7 February 2022.
  12. News: Dubai Holding buys out the Westin Paris - Vendôme - Hotelier Middle East . Hotelier Middle East . March 2023 .