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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 →