FlyerTalk Forums - View Single Post - LVMH acquires Belmond group
View Single Post
Old Dec 15, 2018, 10:30 am
  #4  
Kagehitokiri
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,797
Originally Posted by scented
Belmond bought by LVMH, as reported today.

https://www.ft.com/content/12a03e2c-...0-57a2a826423e

Knowing LVMH they will likely not merge with Cheval Blanc. Interesting move certainly and a few properties would need some investment.
Originally Posted by Kagehitokiri
cheval did do a reflag after acquiring on st barts
potential: castello di casole (villa sales) & cipriani

almost entirely owned (cadogan is managed, E&O train is 25% stake)
investor.belmond.com/~/media/Files/B/Belmond-IR/reports-and-presentations/investor-presentation-aug-2018.pdf
not sure how fast LVMH would announce changes

unlikely belmond would accept stock deal from accor

SNCF (acquired Orient Express traincars from accor in past) announced plan for Orient Express train of their own, did joint venture with accor for Orient Express hotels

Last edited by Kagehitokiri; Jan 1, 2019 at 7:57 pm
Kagehitokiri is offline