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Hotel de Paris Monte-Carlo Hotel Review: THIS ESTABLISHMENT IS CLOSED FOR RENOVATIONS UNTIL DECEMBER 2014 The last of Europe's really grand hotels has been welcoming the rich and famous since it opened in 1865. Now comfortably modernized, it has divinely comfortable rooms, a chic bar, and a lovely indoor pool. But don't expect a warm reception unless you roll up in a... Rolls. The hotel shops are less classy than they seem to think, and the breakfasts are quite ordinary. The Hôtel de Paris is the home of Alain Ducasse's restaurant Louis XV.