Lifestyle
Justin Mateen, Tyler Mateen and Cayton Family Acquire Historic El Encanto Hotel
Santa Barbara Icon Purchased from LVMH, New Era of Stewardship to Honor Soul of Landmark PropertySANTA BARBARA, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Justin Mateen and Tyler Mateen, in partnership with the Cayton family’s Culver Capital, represented by principal Garrett Cayton, have acquired the legendary El Encanto Hotel in Santa Barbara. The iconic estate was purchased for $82.2 million from Belmond, the luxury hospitality brand owned by LVMH, marking the sale of LVMH’s only hotel in the U
About this update from Lvmh Moet Hennessy Louis Vuitton Se
[{"type":"image","caption":"","headline":"Justin Mateen, Tyler Mateen and Cayton Family Acquire Historic El Encanto Hotel","size":{"original":{"width":288,"height":150,"url":"https://media.zenfs.com/en/globenewswire.com/e198653dc89d63fb39b943f443728aa5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Oz4bO20g85xvVOCBsu4fBQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxOTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e198653dc89d63fb39b943f443728aa5","width":288,"height":150}}},{"type":"text","content":"Santa Barbara Icon Purchased from LVMH, New Era of Stewardship to Honor Soul of Landmark Property","length":97,"tagName":"p"},{"type":"text","content":"SANTA BARBARA, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Justin Mateen and Tyler Mateen, in partnership with the Cayton family’s Culver Capital, represented by principal Garrett Cayton, have acquired the legendary El Encanto Hotel in Santa Barbara. The iconic estate was purchased for $82.2 million from Belmond, the luxury hospitality brand owned by LVMH, marking the sale of LVMH’s only hotel in the United States.","length":416,"tagName":"p"},{"type":"text","content":"Originally opened in 1918, El Encanto is a 90-room luxury retreat perched in the Santa Barbara hills, offering sweeping views of the Pacific and unmatched historical charm. The new ownership group plans to thoughtfully enhance the storied property with a distinctly local and personal touch, ensuring a seamless guest experience throughout the transition.","length":355,"tagName":"p"},{"type":"text","content":"“El Encanto has an authentic heart and soul unlike any property I’ve visited in California,” said Tyler Mateen. “We will bring its rich history and timeless allure to the forefront of every aspect of the guest experience.”","length":222,"tagName":"p"},{"type":"text","content":"“The beauty of the American Riviera rivals the best coastlines in Europe but is less than 90 minutes from Los Angeles and just a direct flight from many major U.S. cities,” said Justin Mateen. “El Encanto was the exclusive hideout during the golden era of Old Hollywood. We will be pouring love and resources into this iconic property to continue that legacy and ensure that it remains a top destination for visitors from around the world and down the block.”","length":459,"tagName":"p"},{"type":"text","content":"El Encanto, now a member of the prestigious Leading Hot...