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

Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
Read more

Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
Read more

Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]