re castello di casole, 10 months ago belmond acquired hotel and 16 villa lots saying 3 lots were reserved
not sure how many villas were sold / built, some remain managed by timbers, 7 were originally sold to Exclusive Resorts (both american companies)
could be very interesting if LVMH invests and sells really nice villas. LVMH could even buy some of the owned villas, redo them, sell / rent for a lot more, basically turn it into cheval blanc level luxury like in maldives (IIRC cheval blanc maldives still planning and developing residences)
if arnault liked any belmond, he may do some incredible renovations, could even buy Orient Express name (only 1 hotel contract announced) from accor / SNCF
arnault owns half of LVMH, market cap $29B net income $6.4B
interesting he took dior private, but didnt then take LVMH private
Last edited by Kagehitokiri; Dec 19, 2018 at 1:25 pm