Accor Acquires Le Royal Monceau – Raffles Paris, Cementing Its Role as a Luxury Brand Flagship
🏨 1928, Paris: The Royal Monceau, an Art Deco and Renaissance Revival hotel, opened at 37 avenue Hoche on 1 August, led by Pierre Bermond and André Junot. It featured 265 rooms and attracted notable figures like Josephine Baker and Ernest Hemingway. Requisitioned during WWII, it hosted leaders like Eisenhower. Dr. Osmane Aïdi acquired it in 1978. By 2007, Alexandre Allard, with Qatari backing, revitalized it with €250 million. It reopened as Le Royal Monceau – Raffles Paris in 2010, gaining "Palace" status by 2013 and joining Accor in 2015.
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