Luxury Hotel Chain Aman Set To Transact

Category: Hotels, Posted:10 Feb 2014 | 10:01 am

Leading global luxury chain Aman is expected to trade this week to a joint venture company composed of Peak Resorts and Adrian Zecha.
According to a media report in the Economic Times the existing owner India's DLF is selling at a total value of USD360 million which includes USD70 million in debt, so a net figure of USD290 million.
Peak Resorts is controllers by American Omar Amanat who is the entrepreneur being online trading enterprise Tradescape. He is also a significant investor in the Hollywood entertainment industry.
Aman currently are on the expansion trail fueled by a number of new hospitality led residential additions to their existing resorts with the latest being a new phase of villas for sale at Bali's Amanusa.

Other News

MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]

Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]

More Insider News