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.

A Telford Holiday Inn hotel is to undergo a multi-million pound revamp as part of plans to convert it into a premium hotel brand.

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.

The news comes just weeks after Whitbread submitted a planning application for a new 195-bedroom Premier Inn on Edinburgh’s Festival Square, adjacent to the existing upmarket Sheraton hotel.

Major redevelopment plans for a city hotel have been held up as officials raise concerns over designs.

Hundreds of US workers have lost their jobs in a major round of lay-offs by Hyatt Hotels in an attempt to cut costs.