Last year Mr Chiaty spotted an opportunity in Europe's property market, snapping up the 79 hotels of the Steigenberger chain.

去年Chiaty先生发现了欧洲市场的机遇，一次性拿下了Steigenberger连锁的79家宾馆。

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To enjoy old-world elegance, or to rub elbows with the likes of German Prime Minister Angela Merkel, diplomats, socialites and C-level executives, consider the grandest grande dame in town, the Steigenberger Frankfurter Hof.

BBC: Business trip: Frankfurt

It's all so soothing: UBS porters usher multimillionaire Brazilian farmers up the private elevator, the corporate head of communications is off on vacation, and an elite cadre of UBS trainees, flown in for a seminar, is getting whisked away from the elegant Hotel Steigenberger Bellerive au Lac for another night of fine dining.

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