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Three Things to Know About Cristiano Ronaldo’s $53 million Luxury Hotel in Paris

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In case you were planning to lodge, here is why Cristiano Ronaldo’s £53m luxury Paris hotel won’t be ready until 2027.

The extravagant new luxury hotel being built by football superstar Cristiano Ronaldo in Paris has experienced numerous setbacks and may not open for another four years.

It will be at least six years after its intended 2021 opening date before the £53 million, four-star hotel on the left side of the Seine near the Austerlitz train station eventually opens to visitors.

The hotel, which is expected to include 210 rooms, a rooftop bar, and a pool with panoramic views of the French capital, has only recently begun construction work.

When it was supposed to open, the renowned Portuguese star was still playing for Juventus. 

He now plays in Saudi Arabia after moving back to Manchester United, where he had a falling out, but when it opens its doors, he’ll almost probably be retired.

Here are 3 factors that led to the delay of Ronaldo’s magnificent Paris hotel

The procedural obstacles that slowed the Cristiano Ronaldo's Paris hotel's launch also contributed to the delay, but they have now been resolved.
The procedural obstacles that slowed the Cristiano Ronaldo’s Paris hotel’s launch also contributed to the delay, but they have now been resolved.

1 COVID

Sources said that the lockdown and the Covid epidemic had also contributed to the delay.

The results demonstrate that COVID-19 is generating operational and financial problems with the hotel’s construction.

The coronavirus, along with the resulting business closures and travel restrictions, is no longer news.

The peculiarity of the construction sector is that it depends on the on-site physical presence of its employees to function.

2 Enormity of the hotel

The Pestana CR7 brand hotels were introduced seven years ago in Cristiano’s native Madeira and afterward expanded to the capital cities of Lisbon, Madrid, New York, and Marrakech. This particular hotel has been referred to as the largest thus far.

The hotel is a component of the vast Austerlitz A7A8 project, which will also eventually feature a business park, student housing, retail space, and 2,000 bicycle parking spots.

The results demonstrate that COVID-19 is generating operational and financial problems with the Cristiano Ronaldo’s hotel’s construction.

3 Cost and Problems with the Law

Construction costs for Cristiano’s new Portuguese home are said to have risen to almost £17 million due to his obsession with perfection and the rising cost of materials.

It is expected to serve as his primary retirement residence along with his spouse Georgina Rodriguez and their kids, 

The procedural obstacles that slowed the Paris hotel’s launch also contributed to the delay, but they have now been resolved.

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