News

Tinder Co-Founder Dives Into 'Growing Market' With $82 Million Purchase
Justin and Tyler Mateen co-founded Tinder, the popular dating app. In June 2025, the Mateen brothers purchased a piece of ...
Disgraced Tinder co-founder buys $82.2M California hotel
The El Encanto hotel in Santa Barbara, previously owned by the French luxury brand LVMH, is now in the hands of Justin Mateen ...
Tinder co-founder swipes right on LVMH hotel in Santa Barbara
LVMH Moët Hennessey Louis Vuitton SE, the French luxury conglomerate behind some of fashion’s biggest brands, is selling its ...
Pacific Coast Business Times2d
Santa Barbara’s El Encanto Hotel sells for $82.2M to Tinder co-founder
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 Just Sold Its Only U.S. Hotel to Tinder’s Cofounder
LVMH is saying goodbye to its sole stateside resort. The luxury conglomerate has just sold its only U.S. hotel, the five-star ...
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 ...
Tinder co-founder buys five-star El Encanto resort in Santa Barbara
The five-star El Encanto resort in Santa Barbara, a Hollywood getaway for more than a century where rooms cost north of ...
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.
LVMH unloads its only hotel in the U.S.
LVMH Moët Hennessey Louis Vuitton SE ( OTCPK:LVMHF) ( OTCPK:LVMUY) plans to sell its only hotel in the U.S., according to ...