Mandarin Oriental 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. Located within the main business centre in the heart of the old town, the property is close to the city’s leisure attractions and a short walk from Lake Zurich. 

Currently managed by Credit Suisse, the hotel will close in 2022 and undergo a comprehensive two-year renovation.

When completed 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, as well as three dining outlets, a grand ballroom and a fitness centre.

“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.”

Urs Rohner, chairman of the board of directors of Credit Suisse Group, added: “We look forward to working with Mandarin Oriental to create one of the best luxury hotels in the city.

“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.”

The new addition brings Mandarin Oriental’s portfolio to 33 hotels.