Warsaw Bristol changes hands

The Orbis Hotel Group, which grew out of the former Polish state tourism organisation, has sold Warsaw's Hotel Bristol for €19.5 million. The landmark property has been bought by Rosmarinus Investments, a British company that has an interest in the firm that leased the hotel from Orbis, Royal Starman Bristol. The Hotel Bristol has been operating as part of the Starwood Hotels & Resorts chain. It was brought up to date in a joint venture between Rocco Forte and Orbis, and was opened by Margaret Thatcher in 1993. The event features in 'Lady Thatcher's Finest Hour' - one of the engaging tales in High Times at the Hotel Bristol.