Beverly Hills voters reject luxury hotel project on Rodeo Drive.

Voters in Beverly Hills appear to have rejected a billion-dollar luxury hotel project on Rodeo Drive, led by French billionaire Bernard Arnault and his luxury conglomerate, LVMH Moet Hennessy Louis Vuitton. The referendum was initiated by hospitality union Unite Here Local 11, which criticized the city for not prioritizing affordable housing. The campaign against the hotel is leading by about 1.8%, with 135 ballots yet to be processed. The proposed hotel would have included a members-only club, restaurants, retail, and a spa, and would have reshaped the northern commercial edge of Rodeo Drive.