Articles tagged “belmond”

Luxury’s New Model Is Goods Plus Experiences

Luxury’s New Model Is Goods Plus Experiences

Patrick Whyte, Skift

Luxury brands are gradually realizing the power of experiences and this is leading them to buy or partner with traditional travel and hospitality companies. Expect this trend to continue in 2019.

4 months ago

Luxury Brands Are Making Unconventional Partnerships the Next Big Thing

Luxury Brands Are Making Unconventional Partnerships the Next Big Thing

Laura Powell, Skift

Convergence, collaboration, partnership. By whatever name you call the phenomenon, expect to see more luxury travel companies taking the tack of expanding their appeal through teaming up with brands their customers likely fancy.

4 months ago

The 2018 Innovators in Travel, Hospitality and Aviation

The 2018 Innovators in Travel, Hospitality and Aviation

Colin Nagy

Hospitality is a creative act and by looking at who is doing things well, the entire industry can take away some necessary inspiration as they begin to execute 2019 plans.

5 months ago

How Accor Landed Its First Orient Express Hotel in Bangkok Bumping a Planned Marriott Edition

How Accor Landed Its First Orient Express Hotel in Bangkok Bumping a Planned Marriott Edition

Raini Hamdi, Skift

Christmas comes early for Accor, which announced its first Orient-Express Hotel in Bangkok, a 154-room property that was originally meant to be an Edition hotel. But there is still much for Accor to do as luxury players find the old new brand "confusing."

5 months ago

LVMH’s $2.6 Billion Bet on High-End Experiences

LVMH’s $2.6 Billion Bet on High-End Experiences

Patrick Whyte, Skift

LVMH's decision might seem strange on the surface, but in reality it makes a lot of sense for a company that wants to make sure it has a piece of all things luxury.

5 months ago

What LVMH’s Belmond Buy Means for the Future of Luxury Travel

What LVMH’s Belmond Buy Means for the Future of Luxury Travel

Deanna Ting, Skift

LVMH might not have been the most obvious of suitors for Belmond's luxury assets, but now that it's close to owning them, it's a deal that makes a lot of sense in this post-experience economy still contending with the concept of new luxury.

5 months ago

Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for $2.6 Billion

Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for $2.6 Billion

Jeff Sutherland and Robert Williams, Bloomberg

This acquisition is further proof that the experience economy is far from dead, and that even self-proclaimed purveyors and "world leaders in high-quality products" understand the importance of luxury experiences in this increasingly evolving and changing luxury market.

5 months ago

Luxury Brand LVMH May Buy Belmond’s Hotels and More for $2.6 Billion

Luxury Brand LVMH May Buy Belmond’s Hotels and More for $2.6 Billion

Jeff Sutherland, Bloomberg

Belmond's ownership stake in properties makes it an outlier in the world of brand-only arrangements. It also gives it a leg up in the luxury world where real assets can matter more.

5 months ago

Norwegian Targets High-Spending Cruise Customers

Norwegian Targets High-Spending Cruise Customers

Patrick Whyte, Skift

Taking a peek behind the scenes during earnings seasons offers some useful insights. Can Norwegian make a successful play for bigger cruise spenders, and will Belmond eventually sell itself?

6 months ago

Belmond Sees Slight Takeover Bounce in Third Quarter

Belmond Sees Slight Takeover Bounce in Third Quarter

Deanna Ting, Skift

Now it's just a wait-and-see approach to see who will snap up Belmond's treasure trove of luxury assets.

7 months ago

Hilton, Hyatt, and Blackstone Eyeing Belmond Hotels

Hilton, Hyatt, and Blackstone Eyeing Belmond Hotels

Gillian Tan, Bloomberg

These potential suitors all have their own reasons for wanting to buy Belmond, but a bigger question looms as to why the company is deciding to put itself up for sale now after years of rebuffing the idea and years of underperformance.

8 months ago

What’s Next for Belmond?

What’s Next for Belmond?

Patrick Whyte, Skift

Belmond hasn't had the easiest time over the past few years, but its collection of iconic hotels and trains make it an intriguing target.

9 months ago