CHEVAL BLANC OPENS IN PARIS

The legendary department store complex known as La Samaritaine, originally founded in 1870, had been closed in 2005 for safety concerns, effectively shuttering a swath of prime Paris real estate. After a no-holds-barred restoration, the newly reborn Samaritaine Paris Pont-Neuf was unveiled
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Christian Stan, on 17 Nov. 21, No Comments

LVMH IS BUYING LUXURY HOTEL GROUP BELMOND FOR $3,2 BILLION

Belmond Hotel Mount Nelson, South Africa LVMH is to acquire Belmond for $25.00 per Class A share in cash which represents an equity value of $2.6 billion in a transaction with an enterprise value of $3.2 billion.The transaction is expected to complete in the first half of 2019 subject to the
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Christian Stan, on 18 Dec. 18, No Comments