Mandarin Oriental Hotel Group announced that it will manage and re-brand the historic Savoy Baur en Ville hotel in Zurich, from 2024.

The hotel, which first opened in 1838, is a landmark property on Paradeplatz, the main square in the city centre. It is located in the heart of the old town, within the main business centre, close to the city’s leisure attractions and a short walk from the shores of Lake Zurich.

The hotel is currently managed by Credit Suisse. In 2022, the hotel will close and undergo a comprehensive two-year renovation to reposition the property as the market leader in the city. Upon completion of the renovation in 2024, Mandarin Oriental Hotel Group will manage and re-brand the property as Mandarin Oriental Savoy, Zurich.

The hotel will have 80 guestrooms and suites and three dining outlets, comprising an all-day dining venue, a speciality restaurant and a lobby lounge. The property is ideally placed for meetings and gatherings, and the renovation will enhance conference and event facilities, including a grand historic ballroom.

In addition, a state-of-the-art fitness centre will be installed. French interior designer, Tristan Auer, Paris has been appointed to oversee the full design.

As a key global financial centre, Zurich is well known as a business destination, whilst also having significant appeal to leisure guests wishing to explore Switzerland.

“We are delighted to have the opportunity to bring Mandarin Oriental to this important European destination and to rebrand a well-established landmark,” said James Riley, Group Chief Executive of Mandarin Oriental Hotel Group. “This is a strategic city for the Group, which consolidates and complements our regional presence in central Europe, including upcoming projects in Vienna and Lucerne” he added.

“We look forward to working with Mandarin Oriental to create one of the best luxury hotels in the city,” said Urs Rohner, Chairman of the Board of Directors of Credit Suisse Group. “The Group is renowned for its legendary service standards and for its attention to detail, and we are very pleased to be working with like-minded partners on this project.”