Louis Vuitton to enter hospitality market with hotels in Egypt and Oman

Luxury lovers can’t have enough of Louis Vuitton. A brand that meets the demand of the crème de la layer of society is considered one of the best in the world when it comes to luxury goods. Now the famed luxury goods maker can add another feather in its cap and hope to increase its fan base even more as LVMH Moet Hennessy Louis Vuitton (MC.FR) announced on Thursday that it is entering the business of managing high-end hotels! The luxury brand’s first two exclusive hotels will be located in Egypt and Oman, respectively. LVMH will build on the experience of Group Arnault, LVMH Chairman and Chief Executive Bernard Arnault’s holding company that entered the hospitality market with the famed Cheval Blanc hotel in 2006. A destination that is sure to be frequented by every LV lover, it promises to live up to its luxurious status.

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Your LV handbags and luggage are sure to feel at home in these exclusive LVMH hotels.
[WSJ]

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