Administrators of France’s Versailles to Lease Nearby Building for Use as a Hotel

PARIS (AP).- Administrators of France’s Versailles Palace said Friday that they have agreed to lease an adjacent building to King Louis XIV’s 17th-century chateau for use as a hotel. The Hotel du Grand Controle, which was the home for financial advisers to French kings for decades, will be getting a €5.5-million ($7.3-million), yearlong facelift by Belgian company Ivy International as part of a deal concluded in recent weeks. The 23-room hotel, with views of the palace’s Orangerie garden, will open in late 2011. The building previously belonged to the Defense Ministry — which used it as an officers’ mess hall — and it later fell into disrepair. Versailles managers are granting a 30-year operating lease to Ivy. The deficit-plagued French government has been looking for ways to make money out of state-owned

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