LuxuryThe fashion powerhouse plans to debut its first hotel at its Paris HQ.

Louis Vuitton is entering the luxury hotel space

The entrance of the Louis Vuitton Maison Vendôme store in Paris.
The entrance of the Louis Vuitton Maison Vendôme store in Paris. Photo Credit: Adobe/Florence Piot

Luxury fashion house Louis Vuitton is planning a foray into the hospitality sector, with CEO Michael Burke recently telling Women's Wear Daily that Louis Vuitton's Paris headquarters is on track to become a hotel and retail complex.

In an interview, Burke told the fashion trade publication that he aims to open the hotel within the next five years.

Although the hotel will be a first for the brand, it won't be the first hotel for Louis Vuitton parent company LVMH, which also has boutique luxury hotel brand Cheval Blanc and high-end hospitality group Belmond within its fold.

The Louis Vuitton property will join the Cheval Blanc Paris in LVMH's Parisian hotel portfolio.

Source: Travel Weekly

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