Institutional Investor Magazine

Vive Le Roi! George V In Paris Takes Top Honors In Institutional Investor Magazine's Survey of the World's Best Hotels

New York, November 12 (ots/PRNewswire) - When Saudi prince Al-Walid bin Talal bin Abdul Aziz bought the George V in Paris, in 1996, he declared that it was "simply the best hotel in the world." Eight years later, the refurbished hotel, managed by Four Seasons Hotels under a 99-year contract, is the top choice of a high-powered panel of senior corporate and financial executives surveyed by Institutional Investor magazine for its 24th annual ranking of the World's Best Hotels. The Four Seasons George V, which features a restaurant with three Michelin Guide stars and charges US$850 per night for a room, rises from 11th in last year's ranking. Taking second place in this year's ranking is Bangkok's Sukhothai, which offers a restaurant set in a water garden and "seems to float on a lotus pool," as one recent guest put it. At the third-ranked Bel-Air of Los Angeles, the hotel's Presidential Suite is tucked away behind a lush, 12-acre garden. Here are the top ten hotels in the world, as ranked by respondents to Institutional Investor's World's Best Hotels Survey. Rank Hotel City 1 Four Seasons George V Paris 2 Sukhothai Bangkok 3 Bel-Air Los Angeles 4 Four Seasons Singapore Singapore 5 Four Seasons Marunouchi Tokyo 6 Peninsula Hong Kong 7 Four Seasons Istanbul Istanbul 8 Mandarin Oriental San Francisco 9 Ciragan Palace Kempinski Istanbul 10 Park Hyatt-Vendome Paris This year's panel of senior corporate and financial executives ranked 80 hotels in 37 cities. The voters are seasoned travelers who spent an average of 52 nights in hotels over the past year. Respondents rated hotels they had visited recently on a scale of 1 to 100. For the complete article and more details on the ranking, please visit http://www.InstitutionalInvestor.com/pr. Web site: http://www.InstitutionalInvestor.com/pr ots Originaltext: Institutional Investor Magazine Im Internet recherchierbar: http://www.newsaktuell.ch Contact: Kim Lemmonds, Institutional Investor magazine, +1-212-224-3650, klemmonds@institutionalinvestor.com

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