If you thought LVMH was just champagne and designer bags, think again. The world leader in luxury goods recently acquired Belmond Group, a London-based luxury hotel brand, furthering its reach into luxury experiences.
LVMH Moët Hennessy Louis Vuitton is the parent company of luxe fashion houses like Christian Dior, Marc Jacobs, Fendi, Celine and Givenchy. It also owns perfume and cosmetic brands, watches and jewelry and wine and spirit brands like Dom Pérignon, Belvedere, Chandon, Veuve Clicquot and more.
Belmond owns, partly owns or manages 46 luxury hotels which will add to LVMH’s collection of luxe properties, including Hotel Cheval Blanc in Paris. Belmond is known for having one-of-a-kind properties, like the Copacabana Palace in Rio de Janeiro and the Hotel Cipriani in Venice.
“Belmond delivers unique experiences to discerning travelers and owns a number of exceptional assets in the most desirable destinations. Its heritage, its innovative services, its excellence in execution and its entrepreneurship resonates well with the values of the group and is complementary to our own Cheval Blanc maisons and the Bvlgari hotels activities. This acquisition will significantly increase LVMH’s presence in the ultimate hospitality world.”Bernard Arnault, CEO LVMH
While most of Belmond’s properties are international, a couple are located within the U.S., including Belmond El Encanto. Located in Santa Barbara, the glam hotel opened in 1918 and is perched high in the hills overlooking the American Riviera.