LVMH Takes Stake in Boutique Hotel Group Les Domaines de Fontenille
Skift Take
While this is only a minority investment in a small company, LVMH's stake in Fontenille shows its ambition to accelerate its travel and experiential offerings internationally, beyond just Cheval Blanc, Belmond, and Bulgari Hotels & Resorts.
LVMH Moët Hennessy Louis Vuitton is expanding its hotel footprint with a minority investment in French boutique hotel operator Les Domaines de Fontenille, marking the luxury giant's latest move to capture growing demand for high-end travel experiences.
The Paris-based luxury conglomerate said late Monday that it's investing alongside Anaïs Ventures. Financial terms weren't disclosed.
"I am convinced that this partnership will open up new perspectives for us to continue to radiate the excellence, authenticity,
