“We need to show more resilience, we need more engines, and one of them is certainly China, as we see the rise of the middle class. The primary goal is to establish visibility and credibility in the Chinese market.”

Villa San Michele was acquired by Belmond in 1982, and Belmond joined LVMH in 2019.

The two hotels are called Hotel Romazzino and Hotel Pitrizza, both located in the heart of Costa Smeralda.