LVMH closed Belmond acquisition, opening retail and jet stakes
LVMH has received requisite clearances to close its acquisition of luxury travel operator Belmond and taken a 20% stake in private jet company Flexjet through its investment arm.
LVMH has received requisite clearances to close its acquisition of luxury travel operator Belmond and taken a 20% stake in private jet company Flexjet through its investment arm.
Visitors to Japan in February rose 6.4% year-over-year to set a new record for the month, as the country continues to capitalize on global obsession with JAPOW and luxury inbound tourism.
The highly anticipated St. Regis London, delayed multiple times since its original 2023 target, has confirmed an October 2026 opening and is now accepting reservations.
South African designer Thebe Magugu has expanded into hospitality with the opening of a boutique property in Cape Town under the Belmond umbrella, marking the designer's first full-service hotel venture.
Fukuoka is outpacing Osaka and Nagoya in regional retail rent growth, driven by sustained inbound tourism and shifting consumer behavior in secondary markets across Japan.
A wave of new luxury resort brands—including Aman, Nobu, Bulgari, Baccarat, and Mandarin Oriental—are heading to the Maldives amid the country's next resort boom.
Accenture Song, the consulting company's tech-powered marketing division, acquired creator agency Whalar in what sources describe as the industry's largest creator economy transaction.