| The Ritz, London |
Famed Swiss hotelier César Ritz opened the hotel on May 24, 1906. The building is neoclassical in the Louis XVI manner, built during the Belle Époque to resemble a stylish Parisian block of flats, over arcades that consciously evoked the Rue de Rivoli. Its architects were Charles Mewès, who had previously designed Ritz's Hôtel Ritz Paris, and Arthur Davis, with engineering collaboration by the Swedish engineer Sven Bylander. It was the first substantial steel-frame structure in London. The hotel was owned for some time by the Bracewell-Smith family who also had significant stakes in the nearby Park Lane Hotel. However the oil crisis in the early 1970s affected business and prompted the family to sell their stake to Trafalgar House in 1976 for £2.75m. David and Frederick Barclay purchased the ailing hotel for £80 Million from Trafalgar House, in October 1995, through their company Ellerman Investments. They spent eight years and £40 Million restoring it to its former grandeur. |
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