CLEAN : Crillon sells treasures ahead

CLEAN : Crillon sells treasures ahead

Assessment

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10th Grade - University

Hard

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The Hotel Cleo in Paris is closing for refurbishment and selling its furniture, crockery, and fine wines. Items range from 200 to 2000 euros, with luxury pieces like pianos and a Caesar bar priced higher. The hotel aims to compete with nearby luxury hotels. Former guests and luxury lovers are targeted buyers. Staff feel nostalgic about the closure. The hotel is also selling part of its wine collection, including prestigious bottles like Remy Martin Louis XIII cognac, expected to raise €1.5 million. The Creon will reopen in 2015.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What items is The Hotel Cleo selling off before its closure?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated price range for most pieces being sold from The Hotel Cleo?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are the targeted buyers for the items being auctioned from The Hotel Cleo?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What kind of emotional response do the staff have regarding the closure of The Hotel Cleo?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected total revenue from the auction of items at The Hotel Cleo?

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