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Update: Hotel Du Cap Eden Roc Not for Sale

Where: Blvd. J.F. Kennedy, Antibes, France, 006601

Not for sale!

Yesterday, Cannes was abuzz with the news that by next year the popular The Hotel Du Cap Eden Roc would be turned into a private residence. However, the hotel's current owners say that's not so.

We got this email from Lou Hammond, who apparently represents the hotel's current owners saying,

The following statement relates to incorrect information on Page 6, New York Post on April 22 relating to the Hotel du Cap Eden Roc and as featured on your site.

Dr. h. c. August Oetker of the family owned Oetker-Group said today in respect to the rumors relating to the alleged sale of the Hotel du Cap Eden to Mr. Roman Abramovich:

"The Hotel du Cap Eden Roc is and remains an integral part of the Oetker-Group.  There are neither negotiations nor any intentions to sell this hotel."

So there you have it. The Eden Roc ain't going nowhere. Better start saving up your cash again.

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· Hotel Du Cap Eden Roc to Close? [HotelChatter]