Those itching to stay in the Ritz in Madrid will have to double check their plans as the famed hotel has announced that they are to close for multi-million dollar renovations this February. The 108-year-old property will be shutting its doors on February 28th for restorations that are said to cost around US $121 million – it will reopen late next year.
Hotel Ritz Madrid was one of the original European hotels that opened under world class hotelier Cesar Ritz. From its inception the brand has been synonymous with luxury and so it comes as no surprise that they’re forking out top dollar to restore its opulence.
Spanish architect, Rafael de La-Hoz is at the helm of the project along with French designers’ Gilles and Boissier who have been tasked with enhancing the property. The luxurious makeover will see the hotel’s facilities upgraded but keeping the Belle Époque-era style of the original building.
The glass roof over the main lounge is to be reinstated and the 153 lavish bedrooms will be revamped with the hotel’s crystal chandeliers, antique paintings and sculptures restored. The hotel’s main restaurant is to be moved back to the terrace garden along with a new bar.
Not only that but a one-of-a-kind 2000 square foot Royal Suite with Spanish influence will be also introduced with views of the Prado Museum. There will also be a new fitness centre, indoor pool and a new range of spa experiences.
Over the years the hotel has hosted royalty, dignitaries and celebrities, most notably Prince Rainier of Monaco and Princess Grace, who honeymooned there. Mandarin Oriental Hotel Group acquired Hotel Ritz, Madrid in 2015 for US$148 million in a joint venture with The Olayan Group.
“For more than 100 years, The Ritz has been an icon in this vibrant city” said James Riley, Group Chief Executive of Mandarin Oriental Hotel Group. “This extensive restoration, combined with Mandarin Oriental’s exemplary service, is targeted to ensure the property retains its legendary status as one of the world’s great hotels. We intend to make the local community even more proud of this historic landmark when we welcome them again upon re-opening.”