CONCLUSION

As we look into the next 10 years, we are excited to unveil the next three travel destinations for Bulgari Hotels & Resorts. As stated, we strongly believe that what sets us apart is our innovative service, location, design, and lifestyle orientation. As we continue to connect with our consumer, we believe that St. Moritz, Capri, and St. Barths will help build brand equity for Bulgari Hotels & Resorts. Due to the history & heritage, culture, and luxury lifestyle of the locations – we believe this will be a successful expansion to our hotels & resorts collection.