Bouygues Construction's (BOUYY.PK) unit, Bouygues Bâtiment Île-de-France, has been declared the tender winner for the refurbishment of the celebrated Ritz Hotel, situated in the Place Vendôme in Paris. The luxury hotel is to be totally refitted, which would encompass complete refurbishment of the decoration and renovation of the historic areas, while preserving the spirit of the iconic institution.
The company said that the comfort of guests would be greatly improved by the creation of a summer restaurant with a sliding roof, a larger number of suites, an extension to the ballroom and incorporation of the latest technological innovations. Architect Didier Beautemps of the Atelier Cos firm of architects and interior designer Thierry Despont would coordinate the project, while up to 600 people would be working on-site at peak periods.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.