“Since opening in 2011, Mandarin Oriental, Paris has been one of the leading luxury hotels in the city and is a designated Palace hotel," says Laurent Kleitman, group CEO of Mandarin Oriental Hotel Group.
Mandarin Oriental International is selling the Mandarin Oriental, Paris to SLH Hotels, or Statuto Group, for €205 million.
Mandarin Oriental, part of the Jardine conglomerate, will continue to operate the hotel under a long-term management agreement.
