The US real estate investment company Jones Lang LaSalle Incorporated, (JLL) has highlighted on its Real View website a number of the world’s "most iconic" hotels that are set to reopen this year after extensive refurbishments.
The completed refurbishments of the "iconic' hotels that took place during 2018 are expected to entice new visitors and boost profitability over the opening months, according to JLL, adding that apart from replacing wornout carpet, wallpaper and furniture, the hotels are also installing the latest back-end IT systems and in-room gadgets.
Speaking about the refurbishments, Sashi Rajan, senior vice president, Strategic Advisory & Asset Management, JLL Hotels & Hospitality, Asia, was reported as saying: “While these projects can be costly and time consuming, they have become increasingly critical. Such investments allow a hotel to return to where they should be in market in terms of price and position, or to command a leading position.”
Some hotels that have undergone a makeover include the 131-year-old Raffles Hotel, Singapore, which is managed byoperator Accor and will start taking bookings beginning August 2019, the 1960s Okuro hotel, Tokyowhich is due to open in early September 2019 following the ¥110 billion (US $979 million) renovation, and the 181-room Mandarin Oriental, Hyde Park, London will fully open early spring after the multi-million dollar renovation, which the hotel group said is “the most extensive restoration in its 115-year history.”
Other “iconic” hotels that have undergone extensive makeovers and are said to open from March onward are the Britannia Hotel, Trondheim, Norway, One Aldwych, London, and theGrand Hotel Quellenhof, Switzerland.