Accor, LVMH seek third partner for Orient Express venture
Accor and LVMH have entered into a partnership to accelerate the development of Orient Express, which is synonymous with exclusive travel experiences. Under the terms of the agreements, LVMH will be joining forces with Accor through an investment in the Orient Express brand, in the company that will operate the future hotels and trains, and in the entity that will own two sailing ships. The first ship is currently under construction at Chantiers de l’Atlantique, France. The two groups are looking for a third partner for this new venture.