LVMH Acquires Hotel Saint-Barth Isle de France
Friday August 2nd, 2013 - 11:32AM EW
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PARIS—LVMH Moët Hennessy Louis Vuitton has acquired Hotel Saint-Barth Isle de France from majority owner Adventurous Journeys Capital Partners and others. Terms of the transaction were not disclosed.
Located on the beaches of the island of St. Barthélemy in the French West Indies, Hotel Saint-Barth Isle comprises 39 guestrooms, suites and villas. It also includes the Isle de France Spa and the resort’s signature restaurant, Las Case d’Isle.
LVMH’s Hotel Management division will operate the Hotel Saint-Barth Isle de France. Adventurous Journeys Capital Partners, founded by Ben Weprin, acquired the hotel in 2010.
Tags: • Hospitality • Acquisitions •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.