See inside El Encanto Hotel, the luxury property in the Santa Barbara hills that LVMH just sold for $82.2 million.

French luxury giant LVMH Moët Hennessey Louis Vuitton SE is selling its only US hotel, the El Encanto in Santa Barbara, California.

LVMH to sell Santa Barbara’s El Encanto Hotel for $82.2 million French luxury giant LVMH Moët Hennessey Louis Vuitton SE is selling its only US hotel, the El Encanto in Santa Barbara, California.

Santa Barbara's five-star gem El Encanto Hotel is under new ownership after Justin Mateen, Tyler Mateen and the Cayton family combined to purchase the historic estate for $82.2 million. Announced July ...

LVMH has just sold its only U.S. hotel, the five-star El Encanto nestled in Santa Barbara enclave, to Tinder founder Justin Mateen for $82.2 million.

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Justin and Tyler Mateen, along with Garrett Cayton, acquire Santa Barbara’s El Encanto hotel and plan to invest $40 million ...