TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Zecha Out As Aman CEO And Chairman

Category: Hotels, Posted:05 May 2014 | 06:00 am

Legendary luxury hotelier Adrian Zecha has stepped down from his role as Aman Resorts Chairman and CEO according to Hotels Magazine.
Controlling ownership of Aman shifted recently from India's DLF Group who divested their interest at a substantial loss to a group under Russian investor Vladislav Doronin.
Doronin has taken the role as Aman's CEO and the new Chairman is Johan Eliasch.
It's yet to be seen what other changes will take place at Aman, though industry speculation is high that a shift to a more commercial approach to their hotel portfolio will be necessary to reach their investor's financial objectives.
Zecha continues to be active behind the scenes in Singapore based management group GHM which has recently been on an expansion drive signing new contracts in a defined shift towards a more commoditized approach.
GHM has been driving their Chedi brand on a broader basis, not unlike the current Six Senses approach back of private equity firm Pegasus who are clearly looking to increase both management fee income and in turn financial returns.
For Aman, the question remains on what is largely premised as a real estate brand whether the absence of Zecha will affect the loyal Aman junkie customer base, or will be brand's journey to an economic model be manageable by new leadership.
Stay tuned.

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