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Designers move into the hotel business
LVMH Moet Hennessy Louis Vuitton joins Giorgio Armani, Missoni, Moschino, Bulgari, Versace and others in developing hotel properties. In the last few years, fashion designers have been invading the hotel industry. “Hotel companies and guests have become conscious of design,” says hospitality industry analyst Bruce Baltin, from L.A.-based Colliers PKF Consulting USA. “Also, it is another avenue …
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