• Hotel for Versailles

A luxury hotel is to open at the Palace of Versailles, following an agreement with Belgian developer Ivy International.

Ivy will pay the estimated Eu5.5m renovation costs and will pay Versailles an annual fee to lease the building. The Hotel du Grand Controle, the home of the chateau’s treasurers, will be converted into a 23-room hotel, due to open in late 2011.

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