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LVMH MOËT HENNESSY LOUIS VUITTON SE

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LVMH Moët Hennessy Louis Vuitton : Other activities · May 4, 2021 Splendido Mare hotel opens its doors in Portofino, epitomizing Italian Riviera glamour

05/04/2021 | 11:41am EDT

A new era of timeless Italian glamour begins with the reopening of the Splendido Mare, a Belmond Hotel (LVMH), on the Italian Riviera. With the renovation of the legendary property, offering stunning interior design and exceptional guest experiences, an enticing allure of La Dolce Vita wafts over the celebrated harbor town.

The Splendido Mare is ready to welcome travelers avid for exceptional experiences with its 14 completely renovated rooms. Faithful to its heritage as a one-time guest house for fishermen, the hotel invites guests to share an art de vivre infused by the natural beauty of Portofino harbor. 'Our teams have been working tirelessly to create a new standard in relaxed Italian sophistication, and now, the true Belmond magic begins. Together with our guests, we can look ahead to the return of La Dolce Vita by the sea with friends and family enjoying days out on the water, slow afternoons on the beach and joyful evenings on the terrace at the new restaurant, DaV Mare,' comments Belmond Roeland Vos, CEO & President. Designed with Da Vittorio Group, the new restaurant ushers in a new level of gastronomic excellence to the Ligurian Coast.

To discover the enchanting Italian Riviera coast, the Splendido Mare invites guests to set sail aboard a traditional Gozzo Ligurian fishing boat to visit San Fruttuoso Bay and its magnificent abbey, stop for a swim to the submerged statue of Christ the Abyss, or dive into the crystal-clear waters of Punta Chiappa. Maritime excursions can be accompanied by picnic lunches prepared by the Dav Mare restaurant, or fresh caught local seafood. Fans of nautical sports will revel in the excitement of the 'Regate di Primavera - Splendido Mare Cup', which returns from May 6-9, 2021, organized with partners including the Yacht Club Italiano, to celebrate the renaissance of the Splendido Mare.

The majestic Portofino Regional Park offers a chance to discover exhilarating landscapes and the fabled 'Path of the Kiss', named after two young lovers who exchanged their last embrace there. The trail stretches from San Rocco to Camogli to San Fruttuoso, featuring absolutely amazing views of the bay. Another memorable experience is half-day excursions accompanied by botanist guides to discover the secret health and beauty benefits of local mountain plants and herbs.

The Splendido Mare is the ideal refuge on the Piazzetta for discerning travelers. The interior design by Festen Architecture is an elegant blend of references to nautical heritage and the cinematic glamour of the 1950s with mid-century modern elements. The colors of the rooms and suites are inspired by bright Ligurian building hues, set off with luxurious materials by Loro Piana and Rubelli. An art collection curated by ARTIQ includes specially commissioned pieces by Italian artist Gabriele Cappelli, and staff uniforms have been created by Italian fashion designer Arthus Arbesser.

In addition to the Splendido Mare, throughout the month of May Belmond will welcome guests back to other exceptional properties for lovers of Italy, including the Cipriani in Venice, Villa San Michele in Florence and Caruso in Ravello. To book and discover more Belmond properties visit Belmond.com.

Disclaimer

LVMH - Moët Hennessy Louis Vuitton SA published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 15:40:01 UTC.


© Publicnow 2021
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Financials
Sales 2021 59 324 M 72 105 M 72 105 M
Net income 2021 8 621 M 10 478 M 10 478 M
Net Debt 2021 18 914 M 22 989 M 22 989 M
P/E ratio 2021 36,7x
Yield 2021 1,17%
Capitalization 309 B 375 B 375 B
EV / Sales 2021 5,52x
EV / Sales 2022 4,94x
Nbr of Employees 148 343
Free-Float 51,8%
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 638,38 €
Last Close Price 625,00 €
Spread / Highest target 20,0%
Spread / Average Target 2,14%
Spread / Lowest Target -48,3%
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Managers and Directors
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Bernard Arnault Chairman & Chief Executive Officer
Antonio Federico Belloni Group Managing Director & Director
Jean-Jacques Guiony Chief Financial Officer
Charles de Croisset Independent Director
Diego della Valle Independent Director
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