Four years after its opening, the Shangri-La Hotel, Paris has been granted 'Palace Status,' which is granted to 5-star hotels that embody French excellence. The hotel was constructed for French aristocracy way back in 1896 by Prince Roland Bonaparte, giving the hotel tons of character throughout the decades. From 2006 to 2010 the hotel underwent a refurbishment and now the hotel is listed among France's historic monuments.
The hotel was chosen by the France Tourism Development Agency Atout France for its history, as well as the way it continues to be run today. The General Manager of Shangri-La Hotel Stefan Bollhalder describes that the hotel "ensure[s] our clientele’s well-being, under the guidance of the five key values of Shangri-La: humility, respect, courtesy, generosity of heart and sincerity."
Palatial Parisian Hotels
The Shangri-La Hotel Paris is Now Recognized with Palace Status
Trend Themes
1. Palace Status Recognition - More 5-star hotels will aspire for 'Palace Status' and aim to provide exceptional customer value to attain such recognition.
2. Historic Monuments Turned Hotels - Historic buildings with unique architecture or cultural significance will continue to be refurbished and transformed into luxury hotels.
3. Customer-centric Luxury Experience - Luxury hotels will prioritize customer satisfaction and provide personalized services to meet the needs of their affluent clientele.
Industry Implications
1. Hospitality Industry - Luxury hotels will aim to achieve 'Palace Status' recognition, provide a customer-centric approach, and aim to refurbish historic buildings for luxury accommodations.
2. Tourism Industry - The recognition of 'Palace Status' for certain luxury hotels will attract upscale tourists seeking exceptional accommodations and services.
3. Real Estate and Construction Industry - The refurbishment of historic buildings as luxury hotels provides opportunities in the real estate and construction industries, as well as opportunities for adaptive reuse.