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Dec 15th, 2024
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Posts: 215
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Joined: Nov 2006
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Joined: Nov 2006
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LVMH is buying Belmond, which owns La Samanna, Cap Juluca, the Orient Express, 21 Club in NYC, and a slew of other properties. The sale is expected to close in the first half of 2019. LVMH owns the Cheval Blanc Île de France on St Barth, and acquired the adjacent Hotel Taiwana prior to Irma. https://www.cnn.com/2018/12/14/investing/lvmh-belmond-hotels-deal/index.html
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