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Amanyara, Turks and Caicos

Amanresorts Sold Back to Founder Adrian Zecha

Amanresorts Sold Back to Founder Adrian Zecha

According to Reuters, the Indian property conglomerate DLF will sell the Amanresorts resort chain back to its founder, Adrian Zecha, for roughly $300 million. The deal does not include the Aman property in New Delhi and is expected to be completed by the end of February. Previous potential buyers reportedly included Qatar Investment Authority, LVMH, Blackstone Group and Starwood Capital. DLF bought a controlling stake in the company in November 2007 for $400 million. Amanresorts currently operates 22 properties across 12 countries.

Andrew Harper recently visited Amanruya on Turkey's Bodrum Peninsula.

Andrew Harper Photo
By Andrew Harper
Andrew Harper is the editor of The Hideaway Report, a luxury travel newsletter that first appeared in 1979. He travels anonymously and pays his own expenses in pursuit of unique properties that offer unusually high levels of personal service. Hotels have no idea who he is, so he is treated exactly as you might be. Learn more...

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