Hotel Ritz, Paris' Famed Hotel, To Undergo Two-Year Renovation (PHOTOS)

PHOTOS: Paris' Famed Hotel Ritz To Undergo Two-Year Renovation
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The Hotel Ritz, the renown luxury hotel in Paris' Place Vendome, will soon close its doors to guests as it undergoes a two-year renovation.

The hotel that once hosted the likes of Coco Chanel and Earnest Hemingway, will be completely gutted and rebuilt beginning next summer, reports The Independent. Almost all of its staff will be laid off in the 27-month process.

The 160-room hotel was founded in 1898 by Cesar Ritz and Auguste Escoffier. Its last renovations were in 1979.

As The Independent points out, Hotel Ritz has become part of the English lexicon over the years giving us the word "ritzy". It also served as the inspiration for Irving Berlin's 1929 song "Putting On The Ritz" and F. Scott Fitzgerald's novella "The Diamond As Big As The Ritz."

According to the Telegraph, the overhaul was prompted by the hotel's failure to win France's "palace" designation, a signifier of top luxury destinations.

The hotel is owned by Egyptian billionaire Mohamed Al Fayed, the father of Dodi al-Fayed who died alongside Princess Diana in a Paris car crash in 1997. Before the crash the couple had dined at the Ritz.

Hotel Ritz(01 of13)
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A picture taken on October 18, 2011 in Paris shows the entrance of the Ritz hotel. The luxury hotel, located on the Place Vendome near Le Louvre Museum, closes its doors for a two-year renovation and 450 jobs will be cut. MIGUEL MEDINA/AFP/Getty Images (credit:Getty)
Place Vendome(02 of13)
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Tthe elite Chopard store in Place Vendome, home to the Hotel Ritz.GUILLAUME BAPTISTE/AFP/Getty Images
Hotel Ritz(03 of13)
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Cars drive past the Ritz hotel on October 18, 2011 in Paris. MIGUEL MEDINA/AFP/Getty Images
Hotel Ritz(04 of13)
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The entrance of the Ritz hotel. DUFOUR/AFP/Getty Images (credit:Getty)
Death of Princess Diana(05 of13)
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British investigators into the death of princess Diana and jurors hearing the case set to retrace her final ill-fated journey, wait to enter a bus in Paris, 08 October 2007 in front of the Ritz Hotel, owned by Fayed's millionaire father Mohammed Al-Fayed, where the couple dined before setting out on their final journey. The jurors and the coroner, High Court judge Scott Baker, will visit later the Pont de l'Alma tunnel, where Princess Diana and her 42-year-old Egyptian boyfriend Dodi Fayed's high-powered Mercedes car crashed 31 August 1997, killing them and their chauffeur, Henri Paul, 41. THOMAS COEX/AFP/Getty Images (credit:Getty)
Death of Princess Diana(06 of13)
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Employees and security stand 31 August in front of the Ritz hotel in Paris, where Diana and her companion Egyptian millionaire Dodi al-Fayed had arrived 30 August. The Ritz is owned by Dodi's father Mohammed al-Fayed who flew in from London an visited his son's body after Diana and Dodi died early 31 August after a midnight car crash which sent shock waves round the world and led to accusations against press photographers. JACQUES DEMARTHON/AFP/Getty Images
Hotel Ritz(07 of13)
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Residents of Paris and some tourists walk in the Place Vendome in front of the Ritz hotel 31 August 1997. JACQUES DEMARTHON/AFP/Getty Images
Kate Moss and Christian Louboutin(08 of13)
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English supermodel Kate Moss (L) and luxury French shoe and bag designer Christian Louboutin are seen during the Kate Moss for Fred jewellery collection launch at Paris Fashion Week in Hotel Ritz on October 4, 2011. Moss has designed her debut collection of jewels in collaboration with LVMH-owned brand Fred which she has modelled for in the past. FRED DUFOUR/AFP/Getty Images (credit:Getty)
Japanese chef Nobuyuki Matsuhisa (09 of13)
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Japanese chef Nobuyuki Matsuhisa cooks during a Japanese cuisine lesson at the Escoffier cooking school of the luxury hotel Ritz on October 15, 2010 in Paris. FRANCK FIFE/AFP/Getty Images (credit:Getty)
Karl Lagerfeld(10 of13)
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Designer Karl Lagerfeld attends the launch of new Jewellery collection 'NEREE for ERE' by Repossi at the Ritz Hotel on October 7, 2009 in Paris, France. Pascal Le Segretain/Getty Images (credit:Getty)
Kim Kardashian(11 of13)
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Kim Kardashian leaves the Ritz hotel to attend a shopping session on September 16, 2010.Pascal Le Segretain/Getty Images
Woody Allen(12 of13)
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Director Woody Allen poses at the Ritz Hotel in Paris 02 September 2003 where he gives a press conference to plug his latest film 'Anything Else'. JOEL SAGET/AFP/Getty Images
Victoria Beckham and Katie Holmes(13 of13)
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Victoria Beckham and Katie Holmes leave the Ritz hotel just after the Chanel show as part of Paris Fashion Week Spring/Summer 2007 on October 6, 2006. Francois Durand/Getty Images

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