According to Hotel Chatter the Savoy will open on 10.10.10 with a rate of 350GBP. This is quite amazing as the original renovation budget was 100M GBP and the estimate is that they have now spent 200M GBP on the renovation of the 268 room hotel. So on a "per room basis" the renovation has cost around 750K GBP.
One wonders how a rate of 350 GBP will pay for that , let a lone the original cost of the building.
Read the Hotel Chatter Article:
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