TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Zecha Buys Back Aman Resorts

Category: Hotels, Posted:20 Dec 2012 | 08:07 am

In one of the most captivating hotel deals in recent times, the saga over the sale of the luxury chain of Aman Resorts has ended back where it began.
Indian owning company DLF hassold the group which has 22 hotels including assets for USD300 million.
The sale excludes the New Delhi property and has a closing date of February 2013 for the completion of the transaction.
DLF which is focused on real estate will use the proceeds to pay down debt. They have acquired the chain for USD400 million so this transaction represents a significant write down.
There is considerable speculation as to who is backing Zecha on the acquisition, which has the industry buzzing.

Other News

Read more

Booze Is Back In Phuket Restaurants

Category: Tourism, Posted:23 Jun 2021 | 08:21 am Good news in the lead up to the Sandbox, the alcohol ban in island restaurants has been lifted. Alcohol can now be served in eateries until 23:00 daily. Pubs and entertainment venues are still closed for the moment. Special events up to 200 people are allowed. Expect more reforms on restrictions in the days leading […]
Read more

More Than One Sandbox? WTF

Category: Tourism, Posted:22 Jun 2021 | 06:00 am Yes, nine days to go to the Phuket Sandbox and things are slowly becoming more clear. Baby steps and the island is getting ready despite waiting for the final set of rules and regulations. For now, it’s coming and we simply can’t wait. Meanwhile in Phuket: Catch the latest Thai Road Trip episode from Delivering […]
Read more

Koh Samui To Follow Phuket In International Reopening

Category: Tourism, Posted:19 Jun 2021 | 16:29 pm Leading tourism news out of Thailand has the government’s CCSA (Centre for Covid-19 Situation Administration approve in principal a plan to open a sealed route to Samui in mid-July. The plan covers the three islands of Koh Samui, Koh Tao and Koh Phangan and would require travelers to first stay in an ASQ hotel for […]