French luxury giant LVMH is about to sell its only hotel in the U.S. for $82.2 million, or around $900,000 per room, according to Bloomberg. The hotel is the Belmond El Encanto in Santa Barbara, California, more than an hour's drive from Los Angeles. It includes 90 keys.
LVMH to sell hotel in California for $82.2 million
This 90-key establishment is located in Santa Barbara
By Mehdi Touazi
Business Immo
July 8, 2025 | 7:44 AM
This is a machine translation. Automated translations are intended solely as a convenience and are not legally binding.
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