
Monte Carlo magic: February 2018 sees the opening of a new hotel suite dedicated to Princess Grace of Monaco in Monte Carlo's Hotel de Paris.

Big suite, big money: The suite, spread out over two floors of the hotel, costs upwards of $48,000 a night to stay in.

Grace Kelly: The suite is named for US actress Grace Kelly, who married Prince Rainier of Monaco in 1956, becoming a princess.

Fabulous views: Floor-to-ceiling windows pull in plenty of natural daylight to illuminate the suite's calming neutral color scheme, plush fabrics and gilded furnishings.

Memories of Grace: Mementos and references to the former actress are found throughout the suite, including old photos with her Hollywood pals.

Panorama: The terrace features a heated infinity pool and Jacuzzi -- as well as views across to the Italian Riviera.

Two floors of fanciness: The lower floor of the suite occupies the hotel's now completely revamped seventh floor. The upper deck, covering the entire eighth floor, was added during the hotel's refurbishment.

Royal reception: Prince Albert -- Princess Grace and Prince Rainier's son -- is said to have been closely involved in the design.

Flowers for Grace: During the spring, the suite will be decorated with the princess's signature roses.

Favorite hangout: The Hotel de Paris was said to be Princess Grace's favorite hotel -- a claim shared by other establishments around the world.

Price tag: The actual cost of creating the Princess Grace penthouse remains a closely guarded secret.

Hotel de Paris: The Monte Carlo institution is undergoing a major facelift as part of a reported $782 million redevelopment of the surrounding area.



