Savoy Hotel, London
In 2005, the Savoy was purchased by the Fairmont Hotels and Resorts of Canada. In May 2007, its new owners annunced that the Savoy will be closed in its entirety for 16 months for a refitting at a cost of $200 million. Bookings will end by December 2007 and the projected reopening is some time in 2009.
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