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SHANGRI-LA has acquired the historic home of Prince Roland Bonaparte with plans to convert it to the Shangri-La Hotel, Paris, in late 2008, marking the group's European debut.
Located at 10 avenue d'Iena, near the Trocadero, the building offers some of the city's finest views of the River Seine and the Eiffel Tower, which is a 15-minute walk away.
The historic and architectural integrity of the building exterior will be maintained and Shangri-La will work with top interior designers to renew and enhance the inner spaces.
Interiors will feature the original grand staircase, fireplaces, parquet and marble flooring, seven-metre high doorways and ceilings, chandeliers, mirrors and ceiling frescoes.
Historic paintings and statuary will remain focal points. Accommodation in the seven-storey building will consist of 140 deluxe guestrooms and suites.