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David Michels joins the board of the Savoy hotel's holding company

13 April 2010 by
David Michels joins the board of the Savoy hotel's holding company

Former Hilton Group chief executive Sir David Michels is believed to have joined the board of the Savoy hotel's holding company.

Sir David's appointment has been made as the hotel, which closed in December 2007 for refurbishment, confirmed that the reopening of the five-star, 268-bedroom property has been delayed again until September.

"There is no one reason for the delay, but once work started on the property the building was found to be in a far worst state than was previously expected," said a hotel spokesman.

The cost of the refurbishment has now far exceeded the original budget of £100m.

Sir David Michels launches new hotel asset management firm >>

Series of delays push Savoy reopening back to March 2010 >>

Savoy general manager plays down sale rumours >>

Savoy hotel relaunch delayed >>

](http://www.caterersearch.com/Articles/2009/02/04/326066/Savoy-hotel-relaunch-delayed.htm)*By Janet Harmer*

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