TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

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

Read more

Thaiger Cage Hospitality Digital Pitch Event To Debut at Thailand Tourism Forum 2023

Category: Hotels|Tourism, Posted:26 Dec 2022 | 13:48 pm Leading Thai digital media outlet The Thaiger is launching a new start-up technology pitch event ‘The Thaiger Cage’ on 16th January 2023 at the Conrad Bangkok. It is a special prequel to the Thailand Tourism Forum (TTF) 2023, now in its twelfth year and widely considered to be the country’s leading annual hospitality event The […]
Read more

Could Thailand’s Southeast Coastal Gem Khanom Be The Next Koh Samui?

Category: Real estate|Tourism, Posted:23 Dec 2022 | 12:26 pm The search for the next big resort destination in Thailand is an absolutely big ask. An expansive country with 77 provinces and an amazing array of diverse geographical locations, Instagram-worthy aspects, and distinctly different nuances. Out of this brazen travel chaos, the endearing term ‘same same, but different’ was born and remains highly relevant. Yet, […]
Read more

Digital Homecare Platform SAIJAI Unveils “Hospitality Staffing” Solution as Hotels Grapples with Manpower Crisis

Category: Hotels, Posted:21 Dec 2022 | 12:21 pm The pandemic changed everything. It has been an accelerator but also a major change-maker for Thai service workers retrenched or “paused” during the three-years Covid crippled Thailand’s hospitality industry. Many who left the sector are now in great demand to return but there is a reluctance to do so on as the sector has simply […]
SiaJai logo

Thailand's Leading Homecare Marketplace