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Gordon Ramsay Also in Name Only at the Trianon Palace

Where: 1, Boulevard de la Reine, Versailles, France, 78000

On the heels of the news that the Gordon Ramsay restaurant inside the London West Hollywood hotel will exist in name only, comes this report that Ramsay's restaurant inside the Waldorf-Astoria Collection hotel in Versailles, The Trianon Palace, has also been sold. But while the restaurant under his bleeping eye will have closed (just under a year of operation), his name will live to see another day.

As before, the establishment will retain his name and the hard-nosed chef will continue as a consultant. Ramsay's empire of over 30 restaurants in a dozen countries has been under increasing financial stress since last fall.

While the private company refuses to discuss its financial health, it is clear the chef is shedding properties quickly.

Ramsay has several restaurants in hotels, most notably his Maize restaurant at the Marriott Grosvenor Square and a new outpost at the One & Only Cape Town. We're guessing the recent selling off of his restaurants probably doesn't mean very good news for his own hotel which is to have only 10 rooms, but two eateries.