Lebanese developer Nabil Boustany bought the hotel from the British
Grand Metropolitan group in 1980.[4] Boustany spent $140 million gutting and rebuilding the aging hotel into a modern luxury hotel.[5] The hotel reopened in 1988 as Le Metropole Palace.[6] The opening was attended by
Prince Rainier,
Prince Albert and
Princess Stephanie.[7] The hotel was operated by
Conrad Hotels, the international division of
Hilton Hotels.[8] In September 2003, the hotel closed for a major renovation,[9] reopening in July 2004 with its name shortened to Hotel Metropole Monte-Carlo to match the original hotel. It has 126 guest rooms, including 64 suites.[10]
In November 2020, the hotel closed for the first phase of renovation; it took five months and the hotel reopened in April 2021.[11][12]
Lebanese developer Nabil Boustany bought the hotel from the British
Grand Metropolitan group in 1980.[4] Boustany spent $140 million gutting and rebuilding the aging hotel into a modern luxury hotel.[5] The hotel reopened in 1988 as Le Metropole Palace.[6] The opening was attended by
Prince Rainier,
Prince Albert and
Princess Stephanie.[7] The hotel was operated by
Conrad Hotels, the international division of
Hilton Hotels.[8] In September 2003, the hotel closed for a major renovation,[9] reopening in July 2004 with its name shortened to Hotel Metropole Monte-Carlo to match the original hotel. It has 126 guest rooms, including 64 suites.[10]
In November 2020, the hotel closed for the first phase of renovation; it took five months and the hotel reopened in April 2021.[11][12]