Louis Vuitton’s parent company plans ultra-luxe hotel in Beverly Hills

Room rates could well exceed those of Beverly Hills’ toniest lodges

Los Angeles /
Apr.April 02, 2020 01:13 PM
 LVMH CEO Bernard Arnault and a rendering of the Cheval Blanc (Credit: Bertrand Rindoff Petroff/Getty Images and Peter Marino Architect/LA Times)
LVMH CEO Bernard Arnault and a rendering of the Cheval Blanc (Credit: Bertrand Rindoff Petroff/Getty Images and Peter Marino Architect/LA Times)

French luxury goods conglomerate Louis Vuitton Moet Hennessy is betting on high-end hospitality, at least in the long term.

The company filed plans with the city of Beverly Hills to build a 115-room hotel on the corner of Rodeo Drive, according to the Los Angeles Times. From what LVMH leadership is saying about the Cheval Blanc Beverly Hills, it’s going to live up to the company’s reputation for luxury.

“The Cheval Blanc is not a democratic price point,” said Anish Melwani, CEO for LVMH’s U.S. operation, according to the Times. “This is high-luxury, expensive rooms.”

The hotel would sit on the corner of South Santa Monica Boulevard, replacing the former Brooks Brothers store and another next door that LVMH bought for a total of $355 million in 2018.

The hotel wouldn’t open until 2025 the earliest, so the company considers it a long-term investment and doesn’t appear to be concerned about economic volatility currently gripping the market and hammering the global hospitality industry.

The Cheval Blanc could aim for a higher price point than even Beverly Hills’ current stock, which includes luxury mainstays the Beverly Hilton and Beverly Hills Hotel.

Renderings show a modernist-style façade designed by architect Peter Marino, who designed the Rodeo Drive stores of LVMH brands Louis Vuitton and Dior along with several other luxury stores around the globe. Marino also designed the Cheval Blanc hotel in Paris.

The project requires an environmental review through the California Environmental Quality Act and approval from the Beverly Hills City Council. [LAT]Dennis Lynch


Related Articles

arrow_forward_ios
Ellen DeGeneres and Portia de Rossi with their Beverly Hills home (Getty, Redfin)
Ellen DeGeneres looks to flip Adam Levine’s old pad for $54M
Ellen DeGeneres looks to flip Adam Levine’s old pad for $54M
Freddy Wexler and his new Beverly Hills home. (Getty, Jade Mills Estates)
“Stuck With U” songwriter drops $13M for Beverly Hills manse
“Stuck With U” songwriter drops $13M for Beverly Hills manse
Lily Collins and her Beverly Hills home (Getty, Nicholas Property Group)
“Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
“Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
Rendering of Sea View Hotel
Renderings depict hotel planned on PCH near Nobu Ryokan Malibu
Renderings depict hotel planned on PCH near Nobu Ryokan Malibu
P.K. Subban and Lindsey Vonn with their Beverly Hills home (Getty, Hurwitz James Company)
Winter sport wonders Lindsey Vonn and PK Subban list Beverly Hills home
Winter sport wonders Lindsey Vonn and PK Subban list Beverly Hills home
Fredrik Eklund and his Beverly Hills home (Getty, Redfin)
Fredrik Eklund reps himself in $7M Beverly Hills buy
Fredrik Eklund reps himself in $7M Beverly Hills buy
Steven Udvar-Hazy and Villa Firenze (Getty, Hilton & Hyland)
Listed for $160M, Villa Firenze estate sells at auction
Listed for $160M, Villa Firenze estate sells at auction
Jho Low, Riza Aziz and Mohamed Hadid with the Trousdale Estates mansion (Photos via Getty, Redfin)
Trousdale Estates mansion with ties to Hadid, 1MDB masterminds sells for $27M
Trousdale Estates mansion with ties to Hadid, 1MDB masterminds sells for $27M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...