Images Present El Encanto, Luxurious Lodge LVMH Bought to Tinder Cofounder

A historic, luxurious resort within the hills of Santa Barbara, California, is underneath new possession.

Brothers Justin and Tyler Mateen and Culver Capital bought the El Encanto Lodge, a 90-room property that initially opened in 1918, for $82.2 million from LVMH, the French luxurious big, the consumers mentioned this week.

“The great thing about the American Riviera rivals the most effective coastlines in Europe however is lower than 90 minutes from Los Angeles and only a direct flight from many main US cities,” Justin Mateen, who cofounded the courting app Tinder, mentioned in a press release.

“El Encanto has an genuine coronary heart and soul in contrast to any property I’ve visited in California,” Tyler Mateen mentioned. “We’ll carry its wealthy historical past and timeless attract to the forefront of each facet of the visitor expertise.”

LVMH purchased Belmond, the resort firm that owned the El Encanto, in 2018. The property was LVMH’s solely resort within the US, although the corporate’s Bvlgari Resorts & Resorts assortment plans to open a resort in Miami Seashore in 2028.

The consumers mentioned they plan to make adjustments to the property and that it’ll stay open through the transition.

See contained in the historic resort.