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15 Nov 2023

London's Swanky Peninsula Hotel Costs $1.34 Billion

The Peninsula Hotel in London's luxurious area of Belgravia cost £1.1 billion, translated to $1.34 billion. The Hotel, a spin off of the Hong Kong brand, houses lavish designs and high-end services including transportation to high-end shops via Rolls Royces and Bentleys. The rooms are equipped with high-end gadgets, and an entry-level room costs around $1,600 per night. [Source](https://www.semafor.com/newsletter/11/11/2023/semafor-flagship-weekend)

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