Source: Travel News
Luxury conglomerate LVMH is buying Belmond’s portfolio of luxury hotels, trains, cruises, and restaurants for $2.6 billion. Belmond
Skift Take: LVMH might not have been the most obvious of suitors for Belmond's luxury assets, but now that it's close to owning them, it's a deal that makes a lot of sense in this post-experience economy still contending with the concept of new luxury.
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What LVMH’s Belmond Buy Means for the Future of Luxury Travel