PARIS & CHICAGO--(BUSINESS WIRE)--LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, today announced that it has acquired Hotel Saint-Barth Isle de France from majority owner Adventurous Journeys Capital Partners (AJ Capital Partners) and others. Terms of the transaction were not disclosed.
Located on one of the loveliest beaches of the island of St. Barthélemy in the French West Indies, Hotel Saint-Barth Isle comprises 39 rooms, suites and villas. It also includes the Isle de France Spa and the resort’s signature restaurant, Las Case d’Isle, one of the most popular on the island. The luxurious property is set on the white-sand shore of the Flamands Bay, amidst enchanting tropical gardens, offering guests the best of both land and sea. In addition to its five-star status, the Hotel has won numerous awards including being named in 2013 to Condé Nast Travelers’ Gold List as Best Hotel in the Atlantic & Caribbean Islands and US News & World Report’s 2013 list of Best Hotels in the Caribbean, among many others.
LVMH’s Hotel Management division will operate the Hotel Saint-Barth Isle de France. A natural extension of LVMH’s activities across the luxury spectrum, LVMH Hotel Management is dedicated to responding to the great demand for innovation in the luxury hospitality sector and offering the Group’s wines and spirits and perfumes and cosmetics brands to guests within luxurious hospitality and spa settings. Given LVMH’s global-leadership in the luxury industry, it is well-positioned to attract travelers from around the world to its properties. Its portfolio includes Cheval Blanc in Courchevel, one of the most exclusive resorts in France, with extraordinary accommodations, an exceptional spa and a range of unparalleled culinary experiences. The LVMH Hotel Management portfolio also includes Maisons Cheval Blanc currently under development in the Maldives, the Sultanate of Oman and Paris at La Samaritaine, as well as White 1921 in Saint-Tropez.
AJ Capital Partners, founded by Ben Weprin, acquired the Hotel Saint-Barth Isle de France in 2010, as part of its focus on acquiring, repositioning and developing highly sought after resorts and hotels in prestigious destinations. Given LVMH’s world-renowned leadership in creating luxury experiences, through its wide array of brands as well as its hotel properties, AJ Capital knows that Hotel Saint-Barth Isle de France will further enhance its position as one of the leading resorts in the Caribbean.
LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Hennessy, Glenmorangie, Ardbeg, Numanthia, Vodka Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Green Point, Cape Mentelle, Newton. Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti and StefanoBi. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, la Samaritaine and Royal Van Lent. LVMH's Watches and Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers Jewellery, a joint venture created with the world’s leading diamond group.
About AJ Capital Partners:
Adventurous Journeys Capital Partners, based in Chicago, is an accomplished team of hospitality and real estate investors whose innate passion is to create a one-of-a kind portfolio of timeless assets. The company's mission is to achieve optimal risk adjusted returns for its investors who are seeking long-term capital investments. The group develops, owns, and operates commercial and hospitality assets and businesses around the world, including the famed Malliouhana Resort and Spa in Anguilla, which has been revitalized and will re-open in 2014, the Soho House in Chicago and Thompson Chicago, among others. AJ Capital Partners continues to grow its portfolio of luxury lodging investments, firmly establishing the group as visionary leaders in the lifestyle-driven investment industry. For more information, please visit http://www.ajcpt.com