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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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Carol Hill
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Isn’t Belmont who is involved in “14 on Mullet”?
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Isn’t Belmont who is involved in “14 on Mullet”? I don't know, but I doubt it. If Belmond were involved then the Belmond name would be prominent, and you could probably add an extra "0" to the prices. The anonymity of 14 Mullet speaks volumes to me.
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Belmont Mullet 14So what is the difference with Belmont and Belmond?
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Belmond runs Cap Juluca on Anguilla and La Samana on St Martin
Another Day On Planet Earth
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So what is the difference with Belmont and Belmond?
Sorry, I can't resist!!! A "t" versus a "d"!!! My feeling is that this is a standard SXM ploy--naming something really similar to another company, with the deliberate intent to confuse the consumer..
Carol Hill
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Haha exactly! Because when you google the “belmonT” brand I can’t find anything. Or......could the original article in TDH have been a typo? 🤷🏻♀️
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Yeah, could be a typo in the original DH story, but my thought is a deliberate attempt to deceive..
Carol Hill
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Yeah, could be a typo in the original DH story, but my thought is a deliberate attempt to deceive.. OK, I'm really confused about where this thread is going. The original link was to a CNN story not the DH and if you google Belmond, you will now find many news stories from reputable sources about their purchase by LVMH. Which to answer the question asked earlier is Louis Vuitton Moet Hennessy. (I figured out the first two initials from the original story but not the last two until I found this: "Luxury goods maker Louis Vuitton Moet Hennessy has agreed to buy Belmond, the owner of hotels including Venice's landmark Cipriani, for $3.2 billion including debt to increase its presence in upmarket hospitality." Or is the quote above in reference to the Mullet 14 group naming themselves Belmont so that somebody might think Belmond instead?
LeAnn url=https://www.tickerfactory.com] ![[Linked Image]](https://www.tickerfactory.com/ezt/d/4;10732;128/st/20211211/e/Rumset/dt/-1/k/f6ed/event.png) [/url]
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Yeah, could be a typo in the original DH story, but my thought is a deliberate attempt to deceive.. Or is the quote above in reference to the Mullet 14 group naming themselves Belmont so that somebody might think Belmond instead? Yes..
Carol Hill
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Yes - read the link in my post from TDH. Was trying to see if it’s a connection, as it’s very confusing!!
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Ah Kim, now I see how the conversation developed. On my screen there is no way to tell that your sentence "Belmont Mullet 14" is a link!! The underline didn't appear until I held my cursor over it, not sure why.
LeAnn url=https://www.tickerfactory.com] ![[Linked Image]](https://www.tickerfactory.com/ezt/d/4;10732;128/st/20211211/e/Rumset/dt/-1/k/f6ed/event.png) [/url]
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