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The Chinese are opening London's priciest hotel – with a US twist
Donald Trump presents himself as the great dealmaker, a man who gets the best properties at the best locations for the best price, especially when it comes to opening hotels, like his Washington hotel. Radha Arora is about to put one over on him — in his own embassy.
'This is the best hotel, with the best address, in the No 1 city on the planet,' the president of Rosewood Hotels & Resorts said last week as he walked into the former US embassy on Grosvenor Square in London's Mayfair — soon to be the Chancery Rosewood hotel.
The hotel, which will open in August, is the most expensive to be built in London: the £1 billion budget works out at £7 million for each of the 144 suites, which come with butler service. The 'cheapest' suite is £1,500 a night, and the two penthouse suites — named after British monarchs so loved by Trump, Elizabeth and Charles — will go for about £60,000 a night. Trump can only dream of such regal connections and rates.
