LVMH takes over Saint-Barth Isle de France Hotel

Bernard Arnault's LVMH, a world leader in the luxury market, has purchased the five-star hotel in Flamands, right under the nose of the Oetker Group, which took over the management last year.

By adding the five-star Saint Barth Isle de France, with its 39 rooms, suites, and villas, LVMH, via its Hotel Management division, confirm its ambitions in the luxury hotel sector.

Source : St-Barth Weekly