The Beverly Hills Hotel
Beverly Hills, United States
Beverly Hills, United States. Located on Burton Way in a quiet residential part of Beverly Hills, an eight-storey building.
Photo
« L'Ermitage Beverly Hills 2015.jpg »
Author: Toglenn
Licence: CC BY-SA 3.0
Image hosted by Wikimedia Commons, shown unaltered.

11 dates, written by Grand Hotels of the World from the sources below.
The building is constructed as a condominium project.
Developers Severyn and Arnold Ashkenazy open it as L’Ermitage, named after the Hermitage Museum: the first all-suite hotel in the United States.
Hung with works by Van Gogh and Renoir from Arnold Ashkenazy’s collection, it is California’s only Mobil Five-Star, AAA Five-Diamond hotel.
Ashkenazy Enterprises files for bankruptcy to fend off foreclosure.
Independence One Bank of California takes over the hotel under an agreement with the federal government.
Bought by Immobilière Hôtelière and Colony Capital, the hotel closes for four years for a $65 million redesign, reopening in 1998.
Raffles Holdings acquires it for $68 million and runs it as Raffles L’Ermitage; it holds a Forbes five-star rating from this year.
Financier Jho Low buys the hotel for $46 million; it becomes a Viceroy hotel later that year.
A $37 million renovation of the suites, public areas and restaurant.
EOS Investors buys the hotel for $100 million from the U.S. government, which had seized it during the Jho Low investigation.
The hotel leaves Viceroy and takes back the name L’Ermitage Beverly Hills.
Sources: Wikipedia (EN), “L'Ermitage Beverly Hills” (CC BY-SA 4.0) · Official website. Text rewritten and translated by Grand Hotels of the World.
Beverly Hills, United States
Beverly Hills, United States
Los Angeles, United States
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