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The county council is already working with a commercial developer to transform the site into a hotel, heritage centre, restaurants and apartments.
BBC: NEWS | UK | England | Oxfordshire | William I castle's ?3.7m revamp
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Pierre Jochem, general manager of Raffles International, noted that the watch brand, which is 180 years old, shares a commitment with the hotel to heritage and innovation.
FORBES: Connect
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Tai O Heritage Hotel, Shek Tsai Po St.
WSJ: Stays: A Boutique Hotel That Once Held Pirates
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Style-wise, Rochon went for 19th-century Louis Philippe furnishings, in keeping with the hotel's classic heritage.
FORBES: Lakefront Luxe
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Chef Tyler Brown is so serious about his upscale, sustainable Southern fare that the hotel recently bought a 245-acre farm to raise heritage cattle and grow its own vegetables and fruit.
FORBES: Hotel Of The Day: The Hermitage Hotel
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Situated in the countryside about an hour from Lisbon, it's a convent, and a Unesco World Heritage site at that, converted to a luxury hotel.
WSJ: In the Driver's Seat
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In 1997, UNESCO declared the entire town a World Heritage Site, and in 2009, the first boutique hotel, Jing's Residence, opened, mixing ancient and modern styles within a former silk merchant's mansion.
WSJ: Ancient Village Rises in Shanghai; The Shock of the Old
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The Gravesend Heritage Quarter will see the creation of 330 homes, a hotel, restaurants and a shopping complex.
BBC: Artist's impression of development
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Portland Hotel, on Portland Road, has also been listed in Save Britain's Heritage's list of buildings at risk.
BBC: Decay fears for Portsmouth 'haunted house'