Paris Peninsula Opens as Hoteliers Eye New Riches

Aug. 5 (Bloomberg) -- Paris's Peninsula Hotel opened its doors on Aug. 1, becoming the French capital’s latest five-star hotel. While the city has fewer five-star hotels than New York or London, the market’s heating up with several new and renovated hotels set to come on stream by 2016. Bloomberg Television's Caroline Connan reports. (Source: Bloomberg)

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