Luxury brand Luis Vuitton has chosen Oman and Egypt as the locations for its entry into the five-star hotel management business.
LVMH (Luis Vuitton Moet Hennessy) has created a new hotel management division and has agreed a partnership with Egypt’s Orascom Development Holdings, to build two resorts in Egypt and Oman for completion in 2012.
The location of the Oman property has not yet been revealed.
The hotels will be branded Cheval Blanc, after the Michelin-starred French ski resort opened in 2006 by Group Arnault, the family holding of Bernard Arnault, LVMH’s executive chairman.
The Oman hotel will be arranged as 32 private villas, of which the smallest will be 500 sq m, each with its own beach and swimming pool. In Egypt, the 40-suite hotel is being situated on an island in Aswan overlooking the Nile.
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