dearJulius.com Write For Us

Ritz Hotel Paris Smashes World Record With $9 Million Furniture Auction

SHARE:

The facade of the hotel Ritz Paris (Photo courtesy: AFP Relaxnews/ MATTHIEU ALEXANDRE)

AFP Relaxnews


Luxury furniture auctioned off by the legendary Ritz hotel in Paris sold for 7.3 million euros ($9 million), a world record in the industry, auction house Artcurial said Saturday.

The Paris hotel, home for a while to Ernest Hemingway, Marcel Proust and Coco Chanel, sold off all 10,000 pieces of furniture and decor.

They included stools from the Hemingway Bar, a 19th-century bathtub, and sofas and a harp from the Proust Lounge.

The Ritz sale outperformed other hotels around the world, the auction house said.

In 2013 in Paris, Hotel de Crillon made 5.9 million euros from a furniture sale while Plaza Athenee made 1.4 million euros.

The 3,400 lots that were up for grabs were on sale between April 17 and 21.

Buyers bid on objects ranging from velvet security cordons and curtain ties, to rugs, bedframes and sets of bathrobes and slippers embroidered with the Ritz insignia.

Price estimates ran from 100 euros for a pair of tablecloths to 10,000 euros for a pair of nymph sculptures carrying bronze candelabras that used to decorate the lobby. "The Ritz has excited a sudden passion, attracting buyers from all over the world," auctioneer Francois Tajan told AFP.

The Ritz decided to sell the pieces from its famous Place Vendome address when it reopened in June 2016 after four years of extensive renovations.

Owned by Egyptian billionaire Mohamed Al-Fayed since 1979, the hotel had accumulated impressive quantities of objects since it was opened in 1898 by Cesar Ritz.

It has served as the backdrop to several key moments in French history.

The Nazis requisitioned it during World War II but had cleared out by the time Ernest Hemingway burst in with a group of Resistance fighters on August 25, 1944, gun in hand, to "personally liberate" it. Realising he was too late Hemingway took to the bar where he is said to have run up a tab for 51 dry Martinis.

In 1997, tragedy befell the hotel when Britain's Princess Diana, who had been staying there, was killed in a car accident in a Paris tunnel while being pursued by paparazzi.

The hotel made global headlines again in January, when robbers armed with guns and hatchets ransacked jewellery shops on the ground floor, making off with over four million euros ($4.9 million) in gems and watches.

COMMENTS



Note: If you think this story need more information or correction, feel free to comment below your opinion and reaction.
Like & Follow to Stay Updated ...

Name

Travel,1359,
ltr
item
Travel - U.S. Daily News: Ritz Hotel Paris Smashes World Record With $9 Million Furniture Auction
Ritz Hotel Paris Smashes World Record With $9 Million Furniture Auction
https://4.bp.blogspot.com/-2BplXGTxfO4/WtyDsBk_PsI/AAAAAAAAiXo/uMdnk0psQEIN8mi073iCHBFD6DSfYdqLgCEwYBhgL/s1600/2.jpg
https://4.bp.blogspot.com/-2BplXGTxfO4/WtyDsBk_PsI/AAAAAAAAiXo/uMdnk0psQEIN8mi073iCHBFD6DSfYdqLgCEwYBhgL/s72-c/2.jpg
Travel - U.S. Daily News
https://travel.dailynews.us.com/2018/04/ritz-hotel-paris-smashes-world-record.html
https://travel.dailynews.us.com/
https://travel.dailynews.us.com/
https://travel.dailynews.us.com/2018/04/ritz-hotel-paris-smashes-world-record.html
true
3050905787730048509
UTF-8
Loaded All Posts Not found any posts VIEW ALL Read More Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy