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If you’re passionate about interior design, mark your calendar for Decorex 2024, taking place from October 6-9 at Olympia Events in London. For 46 years, Decorex has been the UK’s premier event for discovering the latest trends and products in high-end interior design. This year promises to be more exciting […]
As the global epicenter of creativity and design, London is set to host some of the most anticipated interior design events of 2024. This year, the city’s vibrant design community will converge on four major events that promise to redefine the boundaries of interior aesthetics: the Cruise Ship Interiors Expo, […]
Modern living rooms have become synonymous with the perfect fusion of style and comfort in London’s bustling metropolis. These contemporary spaces exude sophistication while providing a haven of tranquility in the midst of urban chaos as a hub of relaxation and entertainment. In this article, we’ll look at what makes […]
Located centrally in London near Covent Garden the West End, The Savoy has been popular meeting place since opening in 1889. The Savoy was the brainchild of the Gilbert and Sullivan impresario Richard D’Oyly Carte and went on to attract royalty, writers and Hollywood stars.
Now London’s legendary Savoy Hotel opened after a three-year shutdown and reaching £220 million worth of structural upgrades and behind-the-scenes work, as well as plush interiors in the Edwardian and Art Deco style of the 121-year-old hotel.
Let’s start form the beggining… Savoy’s had been purchased and subsequent renovated by Saudi Prince Alwaleed bin Talal’s Kingdom Holding Company in January 2005. Alwaleed purchased the Savoy for an estimated £250 million (US$394.8 million), to be managed by Fairmont Hotels. The Prince have “employed an investment strategy of buying old European hotels in great areas that are rundown” with the aim to “buy the brand, get the earnings up and then trade the real estate”.
“The problem was the name was sustaining the hotel’s reputation—it was an exhausted asset physically. The owners were not willing to make changes to the asset to reposition it and succeed, and as an investor we are always looking for a seller wishing to exit”, purchaser said. His empire was looking to expand outside North America, and if they found the right asset and the right market they would pay big bucks for it. Kingdom Holding Company had a goal: “To make the Savoy new again without losing its character, but at the highest we can reposition this asset in London”.
The hotel renovation project of the Savoy Hotel was executed by French designer Pierre-Yves Rochon who added a glass-enclosed rooftop pool as well as refurbishing the domed winter garden, a popular locale for afternoon tea. More than 1,000 designer’s craftsmen and artists helped bring the building’s Edwardian and Art Deco styles back to life and create interiors in keeping with the hotel’s “original” spirit, according to a Fairmont spokesman.
Tell me your opinion about this top hotel in London.
