Aman Resorts - Business

Business

Amanresorts is owned by a holding company called Silverlink Holdings Limited. By 1992, the group had expanded to include several resorts in Indonesia, a resort on Bora Bora and one in the Alpine village of Courchevel 1850. In 1993, Clement Vaturi an old friend whose family controlled Hôtelière Immobilière (a Paris-listed public company) acquired 54% of the company and injected new capital.

Growth continued apace until 1998 when due to circumstances unrelated to Amanresorts, Vaturi’s controlling interest fell into the hands of Los Angeles-based Colony Capital, a real estate investment fund. A lawsuit between Vaturi and Colony Capital promised to drag on, putting on hold Zecha's plans to continue the expansion of Amanresorts indefinitely. Zecha therefore resigned from his position at Amanresorts and for the next two years pursued other interests. In late 2000 Colony Capital and Vaturi had settled their lawsuit and Vaturi sold his shareholding onto Lee Hing Development, a Hong Kong investment company. With controlling investors who he felt shared his vision once again, Zecha returned as chairman and CEO.

Over the next seven years, Amanresorts launched retreats in Cambodia, India, Bhutan, Sri Lanka and the Caribbean. On 27 November 2007, DLF Limited, India's largest real estate company, acquired Lee Hing’s controlling stake in Amanresorts for $400 million.

Since its establishment, Amanresorts have been highly rated by Condé Nast Traveler, Zagat Survey, Gallivanter's Guide, Harper's Hideaway" and Travel & Leisure.

35% of Aman patrons originate from Europe, another 33% from Asia-Pacific, 30% from the Americas and 2% from the rest of the world.