Amanresorts Thread 2013 (Started by Amanjunkie)
#46
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linked a vinh hy pic in new aman thread
http://www.cntraveler.com/islands/20...aicos-amanyara
turks and caicos >
amanyara >
"Menus are deliberately small, because it is not expected that anyone will order from them."
http://www.cntraveler.com/islands/20...aicos-amanyara
turks and caicos >
What is important about the clarity is that it allows for one of the most extensive barrier reefs in the world, which stretches sixty-five miles across and two hundred miles long: The lack of murk in the water lets the sunlight filter down to the symbiotic algae that coral need to survive. And where there is coral, still relatively healthy, there is sea life—so wide a profusion of delightfully colored parrot fish and angelfish, spiny lobsters, silvery schools rocking in the currents, eagle rays, and little blennies poking in and out of their tiny abodes that divers flock from all over the world to see them.
There are even sea turtles, one of which graced me with its company as I snorkeled alone one day. Turtles move through the water as birds move through the sky, only more slowly, and being with one was stirring.
There are even sea turtles, one of which graced me with its company as I snorkeled alone one day. Turtles move through the water as birds move through the sky, only more slowly, and being with one was stirring.
ninety-nine acres of an eighteen-thousand-acre private reserve on the otherwise uninhabited northwest coast ... Aman agreed to preserve the natural terrain, landscape only with native species, and build in as unobtrusive and environmentally thoughtful a fashion as possible
Each room is a private pavilion set deeply into the vegetation ... you can't see anyone, which means no one can see you.
Staff must be familiar with who is who, and magically, within hours of our arrival, everyone ... seemed to know our names and the names of our children, whom they joked with and doted on with genuine kindness ... Amanyara keeps no hours - everything is available always - and the kitchen, which employs chefs from Indonesia, Thailand, Italy, Macedonia, Switzerland, and Morocco, is prepared to cook anything within the scope of human craving. Menus are deliberately small, because it is not expected that anyone will order from them.
general manager tells me that if, as recently happened, someone complains of a smell coming from a concrete wall, the engineers will blast down the wall to find the source ... "A fruit basket," the general manager says ... "has never once made anything better for anyone."
trees. Here they are mahogany, flown in from Florida. Mahogany is native to the Turks and Caicos, but they never grow very large here, and Jean-Michel Gatthy ... wanted large ones for Amanyara's enormous reflecting pool, around which the reception, restaurant, bar, and library pavilions are gathered. Their beauty is marred, however, by the rough wooden crutches nailed to them, four or six to each tree ... resort has had to adjust to being pounded by hurricanes: Irene alone took out sixty-five trees in 2011. The water table rose so high that the floor of the reflecting pool, which is simply rubber matting laid over dirt, began to undulate. The Miami mahoganies were vulnerable in such conditions.
Every day, the team of twenty gardeners in green shirtsleeves are out with their hedge-cutters, carrying out their Sisyphean work of pruning back exuberant nature. When I ask the general manager about this, he points to the gently undulating vegetation that provides a bottom frame for the view of the sea, and explains that even that seemingly careless line is perfectly calculated: shoulder-height here, hip-height there, and so on, in the instructional code of the office of Jean-Michel Gatthy. The buildings are made up of three kinds of teak, all from Indonesia. In order to keep them in pristine condition, the hotel has to close for a month of renovation every year. Last year, $225,000 was spent on the annual restoration of the four main pavilions alone
Each room is a private pavilion set deeply into the vegetation ... you can't see anyone, which means no one can see you.
Staff must be familiar with who is who, and magically, within hours of our arrival, everyone ... seemed to know our names and the names of our children, whom they joked with and doted on with genuine kindness ... Amanyara keeps no hours - everything is available always - and the kitchen, which employs chefs from Indonesia, Thailand, Italy, Macedonia, Switzerland, and Morocco, is prepared to cook anything within the scope of human craving. Menus are deliberately small, because it is not expected that anyone will order from them.
general manager tells me that if, as recently happened, someone complains of a smell coming from a concrete wall, the engineers will blast down the wall to find the source ... "A fruit basket," the general manager says ... "has never once made anything better for anyone."
trees. Here they are mahogany, flown in from Florida. Mahogany is native to the Turks and Caicos, but they never grow very large here, and Jean-Michel Gatthy ... wanted large ones for Amanyara's enormous reflecting pool, around which the reception, restaurant, bar, and library pavilions are gathered. Their beauty is marred, however, by the rough wooden crutches nailed to them, four or six to each tree ... resort has had to adjust to being pounded by hurricanes: Irene alone took out sixty-five trees in 2011. The water table rose so high that the floor of the reflecting pool, which is simply rubber matting laid over dirt, began to undulate. The Miami mahoganies were vulnerable in such conditions.
Every day, the team of twenty gardeners in green shirtsleeves are out with their hedge-cutters, carrying out their Sisyphean work of pruning back exuberant nature. When I ask the general manager about this, he points to the gently undulating vegetation that provides a bottom frame for the view of the sea, and explains that even that seemingly careless line is perfectly calculated: shoulder-height here, hip-height there, and so on, in the instructional code of the office of Jean-Michel Gatthy. The buildings are made up of three kinds of teak, all from Indonesia. In order to keep them in pristine condition, the hotel has to close for a month of renovation every year. Last year, $225,000 was spent on the annual restoration of the four main pavilions alone
Last edited by Kagehitokiri; May 22, 2013 at 3:21 pm
#47
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dlfrhp_ippoffer.pdf >
and latest presentation >
We cannot assure you that the proposed sale of our shareholding in Silverlink will be completed within the expected timeframe, or at all.
Our wholly owned subsidiary, DLF Global Hospitality Limited, has entered into a share purchase agreement in December 2012 with Mahaman Assets Limited (“Mahaman”) for the sale of our shareholding in Silverlink, which owns hotels and resorts operating under the “Aman Resorts” brand, at an enterprise value of approximately U.S.$300.0 million (or, `16,281.8 million). Pursuant to an amendment agreement dated April 10, 2013 and upon satisfaction of certain conditions specified under the share purchase agreement, including the receipt of applicable regulatory approvals, we expect this transaction to be completed by June 30, 2013. However, we cannot assure you that the proposed sale of our shareholding in Silverlink will be completed within the expected timeframe, or at all. In the event the agreement is terminated for any reason, we will not receive the proceeds from this transaction. Further, until this transaction is completed, our hotels business will continue to be affected significantly by the risks affecting the hospitality industry which, among others, include seasonality, adverse economic conditions, commodity inflation, stringent regulation and competition.
Silverlink operates 25 hotels and resorts in 15 international locations and two hotels in India under the “Aman Resorts” brand with more than 976 keys. Of the 25 international hotels and resorts, 14 are owned by Silverlink.
However, The Lodhi, which is a hotel property with 40 keys and 28 serviced apartments located in New Delhi, was not included in this sale. We continue to own and operate this hotel property.
Our wholly owned subsidiary, DLF Global Hospitality Limited, has entered into a share purchase agreement in December 2012 with Mahaman Assets Limited (“Mahaman”) for the sale of our shareholding in Silverlink, which owns hotels and resorts operating under the “Aman Resorts” brand, at an enterprise value of approximately U.S.$300.0 million (or, `16,281.8 million). Pursuant to an amendment agreement dated April 10, 2013 and upon satisfaction of certain conditions specified under the share purchase agreement, including the receipt of applicable regulatory approvals, we expect this transaction to be completed by June 30, 2013. However, we cannot assure you that the proposed sale of our shareholding in Silverlink will be completed within the expected timeframe, or at all. In the event the agreement is terminated for any reason, we will not receive the proceeds from this transaction. Further, until this transaction is completed, our hotels business will continue to be affected significantly by the risks affecting the hospitality industry which, among others, include seasonality, adverse economic conditions, commodity inflation, stringent regulation and competition.
Silverlink operates 25 hotels and resorts in 15 international locations and two hotels in India under the “Aman Resorts” brand with more than 976 keys. Of the 25 international hotels and resorts, 14 are owned by Silverlink.
However, The Lodhi, which is a hotel property with 40 keys and 28 serviced apartments located in New Delhi, was not included in this sale. We continue to own and operate this hotel property.
total assets of Rs 229,111.76 lacs
total revenues of Rs Nil
total cash flows of Rs 15,578.14 lacs
at December 31, 2007
total assets of Rs. 190,585.80 lacs
revenues of Rs. 40,287.04 lacs
total cash outflows of Rs. 10,404.82 lacs
year ended December 31, 2008
assets of Rs. 176,684.45 lacs
revenues of Rs. 24,889.89 lacs
total cash outflows of Rs. 437.14 lacs
December 31, 2009
assets of ` 173,858.70 lacs,
revenues of ` 36,980.45 lacs
total cash outflows of ` 513.57 lacs
year ended December 31, 2010
total revenues of Rs Nil
total cash flows of Rs 15,578.14 lacs
at December 31, 2007
total assets of Rs. 190,585.80 lacs
revenues of Rs. 40,287.04 lacs
total cash outflows of Rs. 10,404.82 lacs
year ended December 31, 2008
assets of Rs. 176,684.45 lacs
revenues of Rs. 24,889.89 lacs
total cash outflows of Rs. 437.14 lacs
December 31, 2009
assets of ` 173,858.70 lacs,
revenues of ` 36,980.45 lacs
total cash outflows of ` 513.57 lacs
year ended December 31, 2010
assets ` 248,251.47 lacs
total revenues ` 39,398.37 lacs
net cash flows ` 958.16 lacs
year ended December 31, 2011
total assets ` 262,055.42 lac,
total revenues ` 47,158.30 lac
net cash outflows of ` 403.14 lac
year ended December 31, 2012
total revenues ` 39,398.37 lacs
net cash flows ` 958.16 lacs
year ended December 31, 2011
total assets ` 262,055.42 lac,
total revenues ` 47,158.30 lac
net cash outflows of ` 403.14 lac
year ended December 31, 2012
Aman is expected to close by June 30, 2013. Given that it is a MBO, it is taking some time to achieve financial closure.
Last edited by Kagehitokiri; Dec 20, 2013 at 12:52 pm
#48
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http://www.vccircle.com/news/real-es...on-target-fy13
http://economictimes.indiatimes.com/...w/20371431.cms
Analysts present in an investor call said that Zecha has tied up the equity component but he is yet to find a partner for the debt component.
"We hope that the deal will be concluded by June...We will speak to them (Adrian Zecha) and find out if they have arranged funds. If they are in the process, we could think of giving more time. If they are not, then we will take decision at that point of time,"
#50
Join Date: Apr 2013
Posts: 324
I do hope as well Zecha has a successor in mind. Amanresorts has been so personality driven, that if he does eventually go, who will have the eye for details and his vision to sustain it? More importantly, as well stable finances..
#51
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zecha apparently sold to vaturi, whose debt led to colony fiasco
debt, maybe that same debt, may make aman unprofitable, and therefore unappealing
we dont know who is giving zecha cash
adding more debt just makes more unprofitable and more colony fiascos
worst case, individual properties will run well under GM, aman-style, just not under aman, which wouldnt last
there are good aman property owners, bottom line that is more important thing
debt, maybe that same debt, may make aman unprofitable, and therefore unappealing
we dont know who is giving zecha cash
adding more debt just makes more unprofitable and more colony fiascos
worst case, individual properties will run well under GM, aman-style, just not under aman, which wouldnt last
there are good aman property owners, bottom line that is more important thing
Last edited by Kagehitokiri; Jun 2, 2013 at 7:14 pm
#52
Join Date: Apr 2013
Posts: 324
Take for example Aman's former property in Mexico, now Hacienda de San Antonio, not even near to the same experience...
#53
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the grays (opened sveti stefan, now at zoe) managed mexico...
ive posted quotes from GMs saying this 'we run it like it was ours'
pretty sure others here have described it as well
for owners im talking about ruya, giri/gani/melezin, zoe(/kea) for example
from DLF quote i just posted, seems 11 properties majority owned by other than aman
ive posted quotes from GMs saying this 'we run it like it was ours'
pretty sure others here have described it as well
for owners im talking about ruya, giri/gani/melezin, zoe(/kea) for example
from DLF quote i just posted, seems 11 properties majority owned by other than aman
#54
Join Date: Apr 2013
Posts: 324
Also, a certain ethos of these places would be naturally lost if they were not Amanresorts.
You underestimate service culture, design vision, etc. There are many wonderful small properties around the world. Do I consider them an Aman? No. The experience is different.
#55
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i think we are just miscommunicating
im talking about aman owners and aman GMs... (and all staff) not anyone else..
design vision? that has nothing to do with keeping operations at existing aman going with all same staff in place
this is not like if FS "dies" even though its least corporate, GMs are still following corporate, and few owners like aman owners
im talking about aman owners and aman GMs... (and all staff) not anyone else..
design vision? that has nothing to do with keeping operations at existing aman going with all same staff in place
this is not like if FS "dies" even though its least corporate, GMs are still following corporate, and few owners like aman owners
#56
Join Date: Aug 2007
Location: Here there and everywhere
Posts: 6,303
I do very much hope he ties this up soon or we all be in for a very different Aman experience if the group is bought by someone else. Imagine, what a major developer could do to the brand, Aman Denver, etc
I do hope as well Zecha has a successor in mind. Amanresorts has been so personality driven, that if he does eventually go, who will have the eye for details and his vision to sustain it? More importantly, as well stable finances..
I do hope as well Zecha has a successor in mind. Amanresorts has been so personality driven, that if he does eventually go, who will have the eye for details and his vision to sustain it? More importantly, as well stable finances..
#57
Moderator: Luxury Hotels and FlyerTalk Evangelist


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#58
Join Date: Aug 2007
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Posts: 6,303
#59
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vuittonsofstyle, your opinion of trina dingler-ebert?
http://www.independent.co.uk/travel/...t-8535786.html
discusses amanpuri incl in connection with history of phuket >
and adjacent to amanpuri, formerly GHM, IIRC still ex-amanpuri GM? >
re 'white fish with lime and garlic' and seafood at surin >
very interesting - thoughts on 'authenticity' from the experts here?
http://www.independent.co.uk/travel/...t-8535786.html
discusses amanpuri incl in connection with history of phuket >
Chariva, who has been on staff at Amanpuri since the opening
At The Surin, which shares otherwise private Pansea Beach with the Amanpuri –and shares an architect and designer in Ed Tuttle too – you can order bargain chilled coconuts, gin and tonics and pina coladas from the local women who have enterprisingly set up a ramshackle bar a short stroll from the hotel's striking, dark-tiled hexagonal pool.
The Surin was refurbished last year, its villas lightened up with pale greys and metallics, and some very chic Californian 1950s interior touches introduced into the bright amber library and dining areas, all set into the cliff that overlooks the pool and beach. This is one of the most enjoyable and attractive hotels I've been to in years.
The best food I had on the island was...at...dirt-cheap place...But the seafood at The Surin is a knockout: I had steamed white fish with lime and garlic just about every night on Phuket, and the very best I had was at The Surin.
The Surin was refurbished last year, its villas lightened up with pale greys and metallics, and some very chic Californian 1950s interior touches introduced into the bright amber library and dining areas, all set into the cliff that overlooks the pool and beach. This is one of the most enjoyable and attractive hotels I've been to in years.
The best food I had on the island was...at...dirt-cheap place...But the seafood at The Surin is a knockout: I had steamed white fish with lime and garlic just about every night on Phuket, and the very best I had was at The Surin.
very interesting - thoughts on 'authenticity' from the experts here?
#60
Join Date: Aug 2007
Location: Here there and everywhere
Posts: 6,303
vuittonsofstyle, your opinion of trina dingler-ebert?
http://www.independent.co.uk/travel/...t-8535786.html
discusses amanpuri incl in connection with history of phuket >
and adjacent to amanpuri, formerly GHM, IIRC still ex-amanpuri GM? >
re 'white fish with lime and garlic' and seafood at surin >
very interesting - thoughts on 'authenticity' from the experts here?
http://www.independent.co.uk/travel/...t-8535786.html
discusses amanpuri incl in connection with history of phuket >
and adjacent to amanpuri, formerly GHM, IIRC still ex-amanpuri GM? >
re 'white fish with lime and garlic' and seafood at surin >
very interesting - thoughts on 'authenticity' from the experts here?
Did I miss a mention of Trina Dingler Ebert in there? I read it twice.

