La Residencia in Deya, soon to be under new ownership. | Archive
LVMH Moët Hennessy • Louis Vuitton is to acquire Belmond, which runs La Residencia in Deya among other hotels as well as cruises and trains (Orient-Express). The value has been set at 2,800 million euros. For the year September 2017 to 2018, Belmond turned over 572 million dollars, while earnings before interest, tax, depreciation and amortisation were 140 million dollars.