LVMH buying El Encanto owner Belmond for $2.6 billion
How about a high end room to go with your high end luggage? LVMH, the French company that owns the Luis Vuitton, Moet and Hennessy brands, is buying Belmond, the upscale hotel company whose holdings include El Encanto in Santa Barbara. LVMH will pay $25 per share or $2.6 billion for the hotel and luxury Read More →
McIver departs El Encanto, heads for Tuscon
Laura McIver made her mark in the South Coast hotel industry when she took over and turned around downtown Santa Barbara’s Canary Hotel, setting the stage for the property’s sale to boutique chain Kimpton Hotels & Restaurants. In 2012, McIver was named general manager for Santa Barbara’s iconic El Encanto Hotel. She took the helm Read More →
Tourism leaders play up Santa Barbara’s celebrity cred
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El Encanto owner reports $8.3M loss
Orient-Express Hotels, the Bermuda-based luxury travel firm that owns and operates the newly-reopened El Encanto hotel in Santa Barbara, reported an $8.3 million loss on revenue of $103.2 million for the first quarter. That’s a slight improvement over a $14.4 million loss during the same time period last year, and officials said in the May Read More →
Betting on luxury’s allure: Orient Express invests $134M in El Encanto
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Santa Barbara’s El Encanto leads new wave of luxury hotels
The South Coast quietly ushered in a new era of luxury hotel construction on Dec. 18 when Orient-Express took the wraps off the rebuilt and remodeled El Encanto, a once-faded gem located on Santa Barbara’s Riviera. With a few dozen media types, movers and shakers, and Mayor Helene Schneider looking on, Orient-Express Regional Managing Director Read More →
El Encanto taps McIver for hotel grand reopening
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