Source: Travel News
The Belmond Hotel Splendido is just one of many luxury properties that are a part of Belmond. On Friday, luxury company LVMH confirmed it is buying Belmond for $2.6 billion. Belmond
Skift Take: This acquisition is further proof that the experience economy is far from dead, and that even self-proclaimed purveyors and "world leaders in high-quality products" understand the importance of luxury experiences in this increasingly evolving and changing luxury market.
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Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for .6 Billion