And you thought their buying of Hermes stocks was sneaky. While everyone has been paying attention to THAT, LVMH has added yet more power properties to their hotel portfolio, slowly becoming a major power in the hospitality industry. On their web site, they list this as “other activities,” but it seems to me, at this point that’s pretty disingenuous, and it’s about time they owned up to their – well, ownership. Read more
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