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Paris's palaces: a soon to be saturated market?

10 min reading time

Published on 05/06/19 - Updated on 17/03/22

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​​​​​​​The palace is a myth, around the world, through the ages, and even on the silver screen with Death in Venice and The Grand Budapest Hotel. Today, there are 25 properties in France that bear this title as a result of hard work and a long certification process. Worldwide there are no exact figures, as this "protected" appellation is a French specificity. But one thing is certain: the palace represents the most precious thing in the hotel business, marking the codes of luxury with very specific tacit standards to meet an increasingly sophisticated clientele with protean needs. But the proliferation of these properties begs the question as to whether or not the Paris market may be heading towards saturation in the coming years.

A short story about these places that are infused with history Since time immemorial, the term palace has been established as the ultimate accommodation for high society. Its name would come from Rome, or more precisely from Mount Palatine, the "palatium", where the rich residences of the most...

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