AMAN Resorts Chain For Sale

Category: Hotels, Posted:06 Apr 2010 | 07:55 am

Back of a report from the Economic Times that DLF the majority owner of the prestigious Aman Resorts chain has engaged Goldman Sachs to sell its equity stake. DLF has an ownership stake of 97% and Adrian Zecha the remaining portion. Reportedly the company is valuing the chain at USD600 million.
DLF which is a leading property firm in India has stated that it is looking to focus on it's core business, which has suffered during the recent economic downturn.
Many industry analysts point out that Aman has never been a great financial performer despite it's strong brand name and high consumer awareness. Concerns also exist on the age of it's found Adrian Zecha and the lack of a clear cut succession plan.
Without a doubt though Aman remains a trophy asset and is going to attract serious attention from prospectrive buyers.

Other News

Etro to Launch First Fashion Branded Residences in Thailand in Phuket

Category: Real estate, Posted:09 Apr 2025 | 19:40 pm Etro, the Italian luxury fashion house, is expanding its global presence by introducing its first branded residence in Thailand. This development represents Etro’s second branded residence project worldwide, signaling the brand’s entry into the high-end real estate market. Located in Phuket, a prominent resort destination, the Etro Residences Phuket is poised to cater to international […]

Game-Changing 1,000 Rai Integrated Resort Town for Khao Lak’s Memories Beach

Category: Hotels|Real estate|Tourism, Posted:28 Mar 2025 | 09:09 am Khao Lak’s iconic Memories surf beach is set to undergo a major transformation into a green-focused resort town named Matalay, which translates to “come to the sea.” Global design firm Gensler has created a master plan that reimagines the area, integrating the existing Memories Beach and surf facilities into a vibrant surf village with sustainable […]

The C9 Sessions: Phuket Property Pulse – Mid-Year Edition

Category: Hotels|Real estate, Posted:25 Mar 2025 | 08:24 am Here is an amazing opportunity to get up close and personal with one of Phuket’s most prominent luxury hospitality advocates. The session features a candid conversation with Dr. Allan Zeman, whose game-changing developments have created a global following. Join us for fast-paced, in-depth 90-minute learning session updating the Phuket property sector for mid-year 2025 and […]

More Insider News