Originally Posted by
vuittonsofstyle
That's correct. The $300 million, however, is not for the hard product. Many of the resorts are owned by investors, such as Canyon Equity (Amangiri, Amangani, Le Melezin) to Dolphin Capital (Amanruya) and various government bodies (Aman Sveti Stefan + Greek investor). The money is for the management contracts mainly.
Aman Delhi - the land and the hotel - were owned by DLF. Aman just managed it - which is why DLF wanted to keep it, as it is seriously valuable real estate in the heart of Delhi, with much potential for further private residences.
That's what I thought - the articles I read mentioned nothing of whether it was the operating leases of the "full package". If the latter I assumed there were some "local dealings" involved. In which case, for 22 properties, does seem like a rather steep price tag for the brand plus operating leases which are not guranteed more than x years.