Who owns LUX*?
LUX* is owned by IBL (Mauritius, SEM: IBLL).[1]
IBL owns 56.37% of LUX* rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: IBL Ltd Integrated Report 2025. Last checked .
Key facts
- Current owner
- IBL Ltd (56.37% stake) reported
- Owner HQ
- 🇲🇺 Mauritius, Port Louis
- Origin
- 🇲🇺 Mauritius
- Category
- Travel & transport › Hotels › Luxury hotels
- Parent ticker
- SEM: IBLL
- Last verified
- · 1 sources
About LUX*
LUX* is the flagship brand of The Lux Collective, the hotel management company IBL controls with an effective 56.37 per cent, and it accounts for most of a portfolio that runs resorts in Mauritius, the Maldives, Réunion, Zanzibar and China at 87 per cent occupancy in the year to June 2025. It has begun to move beyond resorts: in August 2025 it broke ground on Elire by LUX*, a collection of 100 branded luxury apartments in Dubai, and the group signed eight new contracts in Africa including an ultra-luxury safari destination in Botswana with 26 lodges.
Ownership timeline of LUX*
Where LUX* sits in IBL
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- LUX* (56.37%)
- Run Market (51%)
- SALT (56.37%)
- Winner's
Open the full IBL ownership tree →
See the full IBL brand portfolio (4) →
Other brands owned by IBL
IBL controls 4 brands on Brandtree, 2 of them in travel & transport.
Also in travel & transport
Other brands in luxury hotels, and who owns them
The 39 brands in luxury hotels on Brandtree belong to 18 owners. The largest is Genting, with 4.
| Brand | Owner | Owner based in |
|---|---|---|
| Crockfords | Genting | 🇲🇾 Malaysia |
| Hôtel de Paris Monte-Carlo | Monte-Carlo SBM | 🇲🇨 Monaco |
| Fairmont | Accor | 🇫🇷 France |
| Grand Fiesta Americana | Grupo Posadas | 🇲🇽 Mexico |
| InterContinental | IHG | 🇬🇧 United Kingdom |
| St. Regis | Marriott | 🇺🇸 United States |
| Anantara Hotels & Resorts | Minor International | 🇹🇭 Thailand |
| Song Hotels | H World | 🇨🇳 China |
About the owner: IBL
IBL is a publicly listed company headquartered in Port Louis, Mauritius, founded in 2016. Brandtree records 4 brands under its control, and it is listed as SEM: IBLL.
IBL is the largest group in Mauritius by revenue and, outside banking, by market capitalisation. It was created in 2016 by the merger of GML Investissement Ltée and Ireland Blyth Limited, and now operates in 20 geographies through four clusters — Retail, Consumer Brands & Distribution, Industrials and Services — with more than 40,000 employees, 19,500 of them in Mauritius, and Rs 7.4 billion paid in net taxes in the year to June 2025. Just over half its revenue is earned outside Mauritius, mostly in Réunion and East Africa. Its consumer-facing businesses are three supermarket chains in three countries and the hotel brands of The Lux Collective; its drinks arm Phoenix Beverages, held at an effective 23.28 per cent, is listed separately.
🇲🇺 LUX* and other Mauritian brands
Brandtree records a controlling owner for 7 brands that began in Mauritius. All of them are controlled from Mauritius.
- Air Mauritius — Air Mauritius 🇲🇺
- Biscuits Manioc — Biscuiterie H. Rault 🇲🇺
- Manawa — PhoenixBev 🇲🇺
- Phoenix Beer — PhoenixBev 🇲🇺
Frequently asked questions
Who is the parent company of LUX*?
The parent company of LUX* is IBL, a publicly listed company headquartered in Mauritius.
Is LUX* Mauritian?
Yes. LUX* originated in Mauritius and its owner, IBL, is also headquartered in Mauritius.
Is LUX* still owned by IBL?
Yes. As of 25 September 2026, LUX* is still owned by IBL (56.37% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] IBL Ltd Integrated Report 2025 — IBL Ltd, Annual report; retrieved 25 September 2026.
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