Amanresorts Thread 2012 (Started by Amanjunkie)
Nov 30, 2012, 4:17 pm
#211
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http://www.departures.com/articles/t...oliday-escapes
the ground is heated? 
Han Feng, designer
“The Amanfayun resort is an old, traditional Chinese village that’s been preserved in the mountains of Hangzhou, surrounded by temples. The mountains are covered with beautiful carvings of different Buddhas. The resort will give you a key so you can join the monks at the temple for meditation at 4 a.m. Hangzhou is cold and humid at once, but the stone courtyards and pathways are heated. So you grab your coat and walk to the temple in bare feet.”
“The Amanfayun resort is an old, traditional Chinese village that’s been preserved in the mountains of Hangzhou, surrounded by temples. The mountains are covered with beautiful carvings of different Buddhas. The resort will give you a key so you can join the monks at the temple for meditation at 4 a.m. Hangzhou is cold and humid at once, but the stone courtyards and pathways are heated. So you grab your coat and walk to the temple in bare feet.”
Last edited by Kagehitokiri; Dec 1, 2012 at 8:59 am
Nov 30, 2012, 11:18 pm
#212
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YES
Dec 4, 2012, 3:08 pm
#214
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Dear oh dear, are DLF selling Amanresorts to Starwood capital?!
(via the Gallivanters Guide, @gallivanters on Twitter)
https://twitter.com/Gallivanters/sta...17415677153280
https://twitter.com/Gallivanters/sta...17888790474752
(via the Gallivanters Guide, @gallivanters on Twitter)
https://twitter.com/Gallivanters/sta...17415677153280
https://twitter.com/Gallivanters/sta...17888790474752
Dec 5, 2012, 2:34 am
#217
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Dec 5, 2012, 5:23 am
#218
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Dec 5, 2012, 11:53 am
#221
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Dec 5, 2012, 6:53 pm
#222
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Hmmm... Maybe , just maybe mr S has learnt from his mistakes at W .... ( but i cannot bring myself to step into a W again ) .... But I doubt he wouldn't meddle ....
Having said that , I don't think it's going to Starwood capital at all .
Dec 6, 2012, 7:22 am
#224
Join Date: Aug 2007
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Well, I do hope you are right. I, too, still think that Barry would find it hard not to meddle. Let's hope AZ's Indonesian consortium wins the day.
Dec 6, 2012, 8:37 am
#225
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http://www.forbes.com/global/2000/03...46a_print.html
so zecha dropped to 6.3% indirect stake in 1993? wow. 4-6 years after starting aman.
does the debt that DLF assumed go all the way back to vaturi? and not all property ownership?
http://robbreport.com/Article.aspx?pid=4142
Zecha...tells me..."So often in life when something succeeds, people speak of their ‘vision,’ as if everything had happened according to a grand strategy. But much of what happened here was luck."
going back to post 210 http://www.flyertalk.com/forum/19766594-post210.html
they were definitely selling in apr 2010 timeframe, although not on the record
http://articles.economictimes.indiat...i-adrian-zecha
DLF owns 97% in Aman Resorts and its founder Adrian Zecha the rest. The company is looking at an enterprise value of $600 million or Rs 2,700 crore, said the official. It is open to selling the entire stake
"DLF had given time till February 2010 to Mr Zecha to bring a strategic partner or financial investors, but this did not materialise within the stipulated time. Now, the company has itself initiated the process of divestment,"
"DLF had given time till February 2010 to Mr Zecha to bring a strategic partner or financial investors, but this did not materialise within the stipulated time. Now, the company has itself initiated the process of divestment,"
and that would fit with fall 2009 rumors etc, thats when they gave zecha the deadline.
http://www.telegraphindia.com/107112...ry_8606464.asp
hmm >
DLF Ltd, India’s largest property developer, plans to raise its stake in Silverlink — the holding firm for global luxury resorts chain Aman Resorts — to almost 100 per cent.
DLF, which has already taken a majority stake in Silverlink, “will buy out other shareholders within a month or so”, said sources close to the deal.
Negotiations are under way with other partners in Silverlink to buy out their holdings.
The KP Singh-owned DLF has already bought the stake that Lee Hing Development — a Hong Kong-based property fund — held in Silverlink.
The deal is valued at $400 million but this includes an assumed debt of $150 million. The actual value of the shareholding is estimated at $250 million.
Sources said the $150 million debt would be assumed by DLF and Aman would not have any debts on its books.
They said Adrian Zecha, founder and chairman of Aman Resorts, would retain just a minority stake in the business after DLF completes its buyout.
DLF, which has already taken a majority stake in Silverlink, “will buy out other shareholders within a month or so”, said sources close to the deal.
Negotiations are under way with other partners in Silverlink to buy out their holdings.
The KP Singh-owned DLF has already bought the stake that Lee Hing Development — a Hong Kong-based property fund — held in Silverlink.
The deal is valued at $400 million but this includes an assumed debt of $150 million. The actual value of the shareholding is estimated at $250 million.
Sources said the $150 million debt would be assumed by DLF and Aman would not have any debts on its books.
They said Adrian Zecha, founder and chairman of Aman Resorts, would retain just a minority stake in the business after DLF completes its buyout.
but this says transaction was for lee hing majority. (>vaturi>colony>vaturi)
regardless of what transaction said re debt, im pretty sure they are selling aman with debt.
but not positive re any of this?
(the race has been over and they have been in negotiations, due diligence, etc. thats official.)
this is no different from the years of anonymously sourced "news" articles.
of the many mentioned, only one company went on record as bidding.
note the 3rd and 4th tweets specifically >
going back to indian media (and govt) right from current aman/DLF reporter herself >
https://twitter.com/NayantaraRai/sta...25706916294656
Cant stop laughing!! Overseas Affairs Min Vayalar Ravi says s&p, fitch downgrades part of an international conspiracy by 3 NRI businessmen
https://twitter.com/NayantaraRai/sta...28952212066304
@jeffglekin I cracked up when I read the conspiracy theory in saturday's indian express. Vayalar Ravi should have a show on comedy central
https://twitter.com/swarajsb/status/217520527110189056
"@shubHASHISH: Now tell me do you believe when the business channel flashed RIL news quoting "sources" do you believe them? RT @NayantaraRai
https://twitter.com/NayantaraRai/sta...22432741875713
@swarajsb well in this case I do, because its my story!! Hahahaha
https://twitter.com/NayantaraRai/sta...25706916294656
Cant stop laughing!! Overseas Affairs Min Vayalar Ravi says s&p, fitch downgrades part of an international conspiracy by 3 NRI businessmen
https://twitter.com/NayantaraRai/sta...28952212066304
@jeffglekin I cracked up when I read the conspiracy theory in saturday's indian express. Vayalar Ravi should have a show on comedy central
https://twitter.com/swarajsb/status/217520527110189056
"@shubHASHISH: Now tell me do you believe when the business channel flashed RIL news quoting "sources" do you believe them? RT @NayantaraRai
https://twitter.com/NayantaraRai/sta...22432741875713
@swarajsb well in this case I do, because its my story!! Hahahaha
Aman also used to manage the Manor Hotel, located in a posh south Delhi locality but this hotel does not figure in the deal with DLF and will continue to be run and owned by Manmohan Singh, a former captain of the Delhi Golf Club.
Singh, told The Telegraph, “I plan to run the hotel myself.” He said Purnendu Chatterjee, who earlier held an equal stake in the hotel, had sold out to him and the hotel was now entirely under his control.
Singh, told The Telegraph, “I plan to run the hotel myself.” He said Purnendu Chatterjee, who earlier held an equal stake in the hotel, had sold out to him and the hotel was now entirely under his control.
there are good owners like canyon equity and dolphin capital.
who owns GHM?
ahn lu is presumably owned by Beijing Tourism Group and Great Ocean Group (maybe involved in chinese aman?)
***
http://www.nxtbook.com/nxtbooks/virt...20120506/#/100
some good pics, maybe some details
ignore the part about 2 nt boat (charter - $20K?) to wana
edit - scratch that, pics look like official from aman site, although maybe some recent additions
http://www.nandanavilla.com/press/robb-report/
During the con- struction of Nandana, the owners visited Aman-i-Khás, a luxury wilderness camp in Rajasthan, India.They were so taken with the romance of the Amanresorts property’s canopied suites that they decided to build one of their own. (The owners were also taken with Nazia and Vinay Puhl, a young couple on staff at the resort, who now serve as in-house masseuse and guest- services manager at Nandana.)
Only the resort group known to get U.S. Congressional approval (for the Aman in Page, Arizona), Chinese Communist party signatures (for the Aman in Beijing's Summer Palace), and deeds for decommissioned Forts (for the Aman in Galle, Sri Lanka), would attempt to become the first foreign entity allowed to set up a joint venture in the Kingdom of Bhutan.
Last edited by Kagehitokiri; Dec 19, 2012 at 8:59 pm
