NEWS


French luxury goods giant LVMH is to acquire luxury travel company Belmond in a deal worth $2.6 billion. LVMH Moët Hennessy


Four Seasons to open $400m beachfront resort in Okinawa


Four Seasons Hotels and Resorts is to open a new property on the Japanese island of Okinawa. The plan to build the $400 million resort and private residences on the island follows the success of Four Seasons Hotel and Residences Kyoto. The 120-room, 120-residence and 40-villa hotel, named Four Seasons Resort and Private Residences Okinawa, will span 100 acres of beachfront and is due to open in 2023. fourseasons.com


Louis Vuitton, which also owns Cheval Blanc, the Bvlgari hotel brand and many fashion houses, said the acquisition would significantly increase the company’s presence in “the ultiate hospitality world. Belmond has a presence in


Luxury Maldives resort Gili Lankanfushi is being rebuilt after a major fire last month. The private island in North Malé Atoll was forced to close after the blaze destroyed seven overwater villas, one restaurant and the main kitchen. A representative said the hotel is now “in the rebuilding phase” but couldn’t confirm when it would reopen. The resort is offering a range of alternative options during closure, including issuing refunds and holding bookings. gili-lankanfushi.com


24 countries with a portfolio of 46 hotel, rail and river cruise operations. LVMH chairman and chief


executive Bernard Arnault said: “Belmond’s heritage, its innovative services, its excellence in execution and its entrepreneurship resonates well with the


values of the group. belmond.com lvmh.com


› Roeland Vos, Belmond: Voice of Luxury, page 85


12 ASPIRE FEBRUARY 2019


aspiretravelclub.co.uk


CREDITS: STEVIE MANN; EDGARDO CONTRERAS; SHUTTERSTOCK


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