Paris' Ritz hotel auctions furniture for record ₹60 crore

The Ritz hotel in Paris has sold nearly 10,000 pieces of furniture and decor for €7.3 million (nearly ₹60 crore), which is a world record in the industry, auction house Artcurial has said. The hotel decided to sell the pieces, which included a 19th-century bathtub and sofas, when it reopened after four years of extensive renovations.