u/AndresHusky

https://www.lefigaro.fr/societes/coup-de-massue-dans-l-hotellerie-francaise-park-hyatt-paris-vendome-mandarin-oriental-paris-et-l-hotel-du-palais-a-biarritz-perdent-leur-statut-de-palace-20260517

I personally don't put too much stock into this, but found this to be an interesting read. Am using an auto-translator, but some interesting excerpts:

• This is "the first time [they've] withdrawn it to several establishments".
  • "For the Mandarin Oriental... [t]here was no sense in maintaining it..."
    • However, it appears they're starting a large-scale renovation, so the timing might have just been very bad on their end.
  • "The Hôtel du Palais [in Biarritz] suffered from having part of the rooms not renovated"
  • "As for Park Hyatt Paris-Vendôme, it has not renewed enough.”
• Some newcomers are apparently going to replace them
  • "In Paris, Cheval Blanc, Fouquet’s and Bulgari are regularly mentioned; in Champillon in the Marne, the Hotel Royal Champagne."
  • There are quite a few other properties that have opened since COVID (the last time they reviewed the list) which I can see making it (Paris, Versailles, French Riviera, Courchevel, St. Barts, etc.).