Paris' most affordable luxury hotel: Park Hyatt Vendôme
Park Hyatt Vendôme proved the least expensive option, with a rate of €1,394 for two nights booked in advance or €868.80 for a single night booked last minute.
Five-star hotel Park Hyatt Vendôme situated a stone's throw from the French capital's Palais Garnier opera house was found to be the Parisian "Palace" offering the best-value rates during a period studied by research firm Consultourisme for Tourmag.com.
The City of Light has eight luxury hotels that have been awarded prestigious "Palace" status, out of a total 16 in France. The renovation of the Ritz could soon add another name to this elite club of top-end hotels. Consultourisme has taken a closer look at the cost of staying in these high-end establishments, each of which has its own unique character and its own set of room rates.
The study compared rates on February 24 for a two-night stay in a double room from April 1 to 3. A second comparison was carried out mid-May for a weeknight booking for the following day for a one-night stay in a double room with breakfast.
In both cases, the Park Hyatt Vendôme proved the least expensive option, with a rate of €1,394 for two nights booked in advance or €868.80 for a single night booked last minute.
At the other end of the scale, none of the Parisian "Palaces" stood out as the most expensive option. The priciest two-night stay booked in advance came in at €3,167.50 at the Plaza Athénée, whereas the Royal Monceau topped the list for the last-minute one-night booking at €1,316. The rates at these luxury establishments vary greatly in relation to the season and events being held in the French capital, such as fashion weeks. Prices also differ on weeknights and at weekends.
Le Bristol on top for location
All of Paris's "Palaces" are located in the 8th and 16th arrondissements, close to the city's major tourist sights. Le Meurice is moments from the Louvre, for example, while the Shangri-La is close to Trocadéro and the Eiffel Tower. Taking into account the most popular tourist sights in Paris, the study found that Le Bristol, on Rue du Faubourg Saint-Honoré, was the best option for exploring the city on foot, at just a half-hour's walk from all the main sights.
Now you know where to stay if you're planning a shopping spree in Paris, which luxury shops are now also open on Sundays.