Aman Resorts Explained

Aman
Foundation:1988
Founder:Adrian Zecha
Hq Location City:Baar, Switzerland
Num Locations:35 (2024)
Area Served:Worldwide
Industry:Hospitality, hotels
Parent:Aman Group Sarl
Products:Hotels, spas, clothing

Aman Resorts is the trading entity of Aman Group Sarl, a Swiss-headquartered multinational hospitality company. Founded by Indonesian hotelier Adrian Zecha in 1988, the company operates 35 properties in 20 countries. Vladislav Doronin is the chief executive officer, chairman, and owner.[1]

History

Founding

Founded in 1988, Aman Resorts' first destination was the result of hotelier Adrian Zecha's desire to build a holiday home in Phuket.[2] [3] His plans soon developed into an idea to build a small boutique resort with Anil Thadani and two other friends. They invested their own money in the venture as no banks would lend for the project due to the small number of planned rooms. The resort opened as Amanpuri in 1988, with nightly rates reportedly five times higher than local competitors.[4]

By 1992, following the success of the first hotel, the group had expanded to include several resorts in Indonesia, a resort on Bora Bora and one in the Alpine village of Courchevel. Later, Clement Vaturi acquired a majority stake in the company,[5] thereby allowing the boutique hotels to be further conceptualized.

First ownership dispute (1998)

In 1998, Vaturi's controlling interest was acquired by Los Angeles-based Colony Capital, a real estate investment fund. A lawsuit between Vaturi and Colony Capital promised to drag on, and Colony Capital moved to protect its interests by taking a more active role in the company. At this time, Zecha resigned from his position at Aman and pursued other interests for the next two years.[6]

In 2000, Colony Capital and Vaturi settled their lawsuit, and Vaturi sold his shareholding interests to Lee Hing Development, a Hong Kong investment company. With controlling investors allowing full control over the company, Zecha returned as chairman and CEO. Over the next seven years, Aman launched retreats in Cambodia, India, Bhutan, Sri Lanka, and the Caribbean. On 27 November 2007, DLF, India's largest real estate company, acquired Lee Hing's controlling stake in Aman Resorts for $400 million, including debt of $150 million.[7]

Second ownership dispute (2014)

In early February 2014, DLF sold Aman Resorts for $358 million to Aman Resorts Group, an investment company led by Russian businessman Vladislav Doronin, which also included Omar Amanat.[8] The sale included all Aman properties except for the Lodhi Hotel in Delhi. DLF sold Aman Resorts to reduce its debt and refocus on real estate after it had expanded into hotels, wind farms, and running export processing zones.[9] In April, Zecha stepped down as chairman a second time, and the company relocated its headquarters from Singapore to London in June.[10] Its corporate headquarters has since been moved to Baar, Switzerland. Doronin assumed the position of chairman, and French hotelier Olivier Jolivet was appointed chief executive officer in 2014.[11]

Aman under Doronin (2015–present)

In August 2015, Doronin became the sole owner of Aman when Pontwelly Holding Company took full ownership of Aman's hospitality business, Silverlink Resorts. Following this restructuring, Doronin and board director Alan Djanogly remain the only two directors.[12] [13] In February 2017, Roland Fasel joined Aman as chief operating officer, continuing a 25-plus-year career in luxury hospitality.[14] [15] Olivier Jolivet left the company the same year and Doronin assumed the position of chief executive officer.

In 2020, Doronin unveiled Janu, a spin-off brand that operates larger hotels in Japan, Montenegro, and Saudi Arabia, reportedly aiming to become a slightly more affordable complement to Aman.[16] The group's diversification strategy continued in 2021 with the launching of a clothing line, marking a shift towards becoming a self-proclaimed lifestyle brand.[17]

In August 2022, Aman New York opened at the Crown Building.[18] [19] [20]

Hotels

Each Aman property typically has a small number of rooms, usually fewer than 55. The brand is often characterised by media outlets to offer remarkable service, with many of its properties reportedly having a staff count typically of six staff to one guest.[21] [22]

Outside urban settings, guest accommodation is typically provided in individual private villas, pavilions, or tents (in the case of Aman-i-Khás in India, Amanwana in Indonesia, and Amanpulo in the Philippines), and often includes private outdoor lounging and dining areas.[23]

Aman mandates a concern for cultural preservation, and several properties are said to have some historical background and importance. In Cambodia, for instance, the company acquired a ruined guest villa that had been built in the early 1960s by the country's King Sihanouk. All architectural records of the villa had been destroyed, but the discovery of an old tourist book with pictures of the building allowed the company to closely replicate what had been lost.[24]

Since its establishment, Aman has been highly rated by Condé Nast Traveler,[25] Zagat Survey, Gallivanter's Guide, Harper's Hideaway"[26] and Travel & Leisure. 34% of Aman patrons reportedly originate from Europe, another 34% from Asia-Pacific, 28% from the Americas and 4% from the rest of the world.[27]

Architects

Among the architects who have designed Aman properties are Emine Ögün,[28] Ed Tuttle,[29] Jaya Ibrahim,[30] Jean-Michel Gathy (Denniston), Kerry Hill, Marwan Al-Sayed,[31] Mehmet Ögün, Peter Muller,[32] Rick Joy, and Turgut Cansever.

Controversy

In January 2023 Charles McGonigal, a former high-ranking FBI official and global director of security for Aman Group, was arrested on charges of money laundering and for violating US sanctions law. According to the US Department of Justice,[33] McGonigal conspired with a former Russian diplomat to assist Oleg Deripaska, a sanctioned Russian oligarch.[34] [35] [36] McGonigal’s hiring in the spring of 2022 was done through a very obscure process, according to Aman staffers, and raised many eyebrows because the previous director of corporate security was reassigned for no apparent reasons and because when reports that McGonigal was under investigation had surfaced and the first witnesses were scheduled to appear before the grand jury investigation of his conduct, he continued to be retained by the company.[37] [38]

Locations

As of 2024, the group operates a total of 35 properties in 20 countries:

No.! style="width:200px;"
Hotel NameHotel LocationCountryOpening YearDesigner
1Aman KyotoKyotoJapan2019Kerry Hill[39]
2Aman Le MélézinCourchevelFrance1992Ed Tuttle[40]
3Aman New YorkNew York CityUnited States2022Jean-Michel Gathy of Denniston[41]
4Aman Summer PalaceBeijingChina2008Jean-Michel Gathy of Denniston and Jaya Ibrahim
5Aman Sveti StefanSveti StefanMontenegro2008Jean-Michel Gathy of Denniston[42]
6Aman TokyoTokyoJapan2014Kerry Hill[43]
7Aman VeniceVeniceItaly2013Jean-Michel Gathy of Denniston[44] and Elastic Architects
8Aman Villas at Nusa DuaNusa DuaIndonesia1992Kerry Hill, Danilo Capellini, and Dale Keller[45]
9Aman-i-KhasSawai MadhopurIndia2003Jean-Michel Gathy of Denniston[46]
10AmanbaghAlwarIndia2005Ed Tuttle[47]
11AmandariUbudIndonesia1989Peter Muller[48]
12AmandayanLijiangChina2015Jaya Ibrahim[49]
13AmanemuShimaJapan2016Kerry Hill[50]
14AmaneraRío San JuanDominican Republic2015John Heah[51]
15AmanfayunHangzhouChina2010Jaya Ibrahim[52]
16AmangallaGalleSri Lanka2005Kerry Hill[53]
17AmanganiJackson HoleUnited States1998Ed Tuttle[54]
18AmangiriLake PowellUnited States2009Marwan Al-Sayed, Rick Joy, and Wendell Burnett
19AmanjenaMarrakeshMorocco2000Ed Tuttle[55]
20AmanjiwoMagelangIndonesia1997Ed Tuttle[56]
21AmankilaKarangasemIndonesia1992Ed Tuttle and Danilo Capellini[57]
22AmankoraThimphuBhutan2004Kerry Hill[58]
23AmanoiNinh HảiVietnam2013Jean-Michel Gathy of Denniston[59]
24AmanpuloPamalicanPhilippines1993Bobby Manosa[60]
25AmanpuriPhuketThailand1988Ed Tuttle[61]
26Amanrüya BodrumTurkey2011Turgut Cansever, Emine Ögün, and Mehmet Ögün
27AmansaraSiem ReapCambodia2002Kerry Hill[62]
28AmantakaLuang PrabangLaos2009Jean-Michel Gathy of Denniston[63]
29AmanwanaMoyoIndonesia1993Jean-Michel Gathy of Denniston[64]
30AmanwellaTangalleSri Lanka2005Kerry Hill[65]
31AmanyangyunShanghaiChina 2017Kerry Hill[66]
32AmanyaraTurks and Caicos IslandsUnited Kingdom2006Jean-Michel Gathy of Denniston[67]
33AmanzoeKranidiGreece2012Ed Tuttle[68]
34Janu TokyoTokyoJapan2024[69] Jean-Michel Gathy of Denniston[70]
35Rosa AlpinaAlta BadiaItaly2020[71] Jean-Michel Gathy of Denniston[72]

Upcoming properties

There are a total of 7 properties in the pipeline.

No.! style="width:200px;"
Hotel NameHotel LocationCountryOpening Year
1Aman Beverly HillsBeverly HillsUnited States2027[73]
2Aman DubaiDubaiUnited Arab Emirates2027[74]
3Aman Miami BeachMiami BeachUnited States2026[75]
4Aman Nai Lert BangkokBangkokThailand2024[76]
5Aman NisekoNisekoJapan2027[77]
6AmanvariLos CabosMexico2025[78]
7Janu DubaiDubaiUnited Arab Emirates2027[79]

Related ventures

While Aman presently has no footprint in London, it opened a standalone Aman Spa in the basement floors of The Connaught in 2009. Designed by Jaya Ibrahim, the spa has five rooms and offers mainly Asian-based treatments, ranging from Thai hot herbal compresses to Himalayan crystal salt body scrubs.[80] [81]

Aman operates a luxury yacht called Amandira, which launched in 2015 and sails through the waters of Eastern Indonesia. The yacht, modeled after the traditional Indonesian sailing vessel pinisi, has five cabins that can accommodate up to 10 guests.[82]

In 2023, Aman opened Aman Residences Tokyo, the company's first standalone residential property, in the Azabudai Hills skyscraper complex. Designed by Pelli Clarke Pelli Architects and Yabu Pushelberg, it encompasses 11 floors with 91 units in total, and ranks as the tallest residential towers in Tokyo.[83]

In December 2023, Aman launched Aman Interiors, presenting limited edition furniture collections in collaboration with Japanese architect Kengo Kuma.[84]

External links

Notes and References

  1. News: Rizzo. Lillian. 14 March 2016. Aman Resorts Owner Doronin Scores Legal Wins in Long-Running Dispute. en-US. Wall Street Journal. 27 July 2021. 0099-9660.
  2. http://www.luxurytravelmagazine.com/luxury-hotels/hotel-groups/exclusive-hotel-groups/amanresorts.php "Aman Resorts"
  3. Web site: 1 June 2016. Aman - The Unbranded Asian Luxury Resort Brand. 27 July 2021. Martin Roll. en-US.
  4. Web site: mahindro. radit. 18 January 2021. A Quite Long History of Balinese Hotel Architecture Part V: Adrian Zecha and Aman. 27 July 2021. Medium. en.
  5. Web site: Suryamurthy. R.. DLF to up stake in Aman parent. Telegraph India. 11 June 2017. https://web.archive.org/web/20080102034248/http://www.telegraphindia.com/1071129/asp/business/story_8606464.asp. 2 January 2008. dead.
  6. Doebele, Justin. "Poison in Paradise", Forbes, 20 March 2000. Accessed 29 January 2016.
  7. News: DLF ropes in Goldman for Aman Resorts stake sale. Arun. Kumar. 5 April 2010. The Economic Times. 31 July 2019. https://web.archive.org/web/20171201144508/https://economictimes.indiatimes.com/markets/real-estate/news-/DLF-ropes-in-Goldman-for-Aman-Resorts-stake-sale/articleshow/5761291.cms. 1 December 2017. live.
  8. Web site: Wrathall. Claire. Aman for all seasons. Telegraph Aman for all seasons. 11 June 2017. https://web.archive.org/web/20160930175713/http://www.telegraph.co.uk/luxury/travel/85627/aman-for-all-seasons.html. 30 September 2016. dead.
  9. Web site: DLF COMPLETES THE SALE OF AMANRESORTS TO ADRIAN ZECHA AND PEAK HOTELS . 23 February 2014 . https://web.archive.org/web/20150923224152/http://www.bseindia.com/xml-data/corpfiling/AttachHis/DLF_Ltd_100214.pdf . 23 September 2015 . dead .
  10. Web site: Hamdi. Raini. Aman relocates HQ from Singapore to London TTG Asia. 27 July 2021. www.ttgasia.com. en-US.
  11. Web site: 5 October 2016. The Peak Interview: How Olivier Jolivet Became Aman Resorts' Chief. 27 July 2021. The Peak Singapore - Your Guide to The Finer Things in Life. en-US.
  12. Web site: Doronin takes full control of Aman, 'business as usual'. . 2 September 2015 . https://web.archive.org/web/20150819115022/http://www.4hoteliers.com/news/story/14654 . 19 August 2015 . live .
  13. Web site: Pontwelly Holding Company Ltd Takes Over 100% Ownership of Aman Resorts. Hospitality. Net. Hospitality Net. 31 July 2019. https://web.archive.org/web/20170213120130/http://www.hospitalitynet.org/news/4071385.html. 13 February 2017. live.
  14. Web site: 9 February 2017. Roland Fasel joins Aman as Chief Operating Officer.
  15. Web site: Former GM of the Dorchester joins Aman as chief operating officer . 8 February 2017 . 2 May 2017 . https://web.archive.org/web/20171201042723/https://www.thecaterer.com/articles/495466/former-gm-of-the-dorchester-joins-aman-as-chief-operating-officer . 1 December 2017 . live .
  16. Web site: Ekstein. Nikki. 4 March 2020. Ultra-Luxury Hotelier Aman Launches a New, More-Affordable Brand. 27 July 2021. Bloomberg.
  17. Web site: 13 July 2021. Aman Resorts presents its new clothing line: The Essentials. 27 July 2021. Lifestyle Asia Singapore. en-US.
  18. News: 11 August 2022 . At Aman New York, a $20,000 Suite Doesn't Get You Full Hotel Access . en . Bloomberg.com . 30 August 2022.
  19. News: Murphy . Heather . 23 August 2022 . Serenity in Midtown, Starting at $3,200 a Night? Aman Is Betting on It. . en-US . The New York Times . 30 August 2022 . 0362-4331.
  20. Web site: 18 August 2022 . The Luxurious Aman New York Opens Its Doors Overlooking Manhattan . 30 August 2022 . Robb Report Malaysia . en-GB.
  21. Web site: Seligson. Hannah. 12 May 2016. Is This The World's Most Exclusive Hotel Brand?. 27 July 2021. Town & Country. en-US.
  22. Web site: Aman at 31: The hotel chain faces critical choices. 27 July 2021. www.travelweekly.com. en.
  23. Web site: Friedman. Mitchell. 23 October 2020. Story Is Everything - Every Aman Hotel Has a Story. 27 July 2021. The Agenda. en-US.
  24. Web site: Smith. Jack. Feature: Aman's Man. March 2008 . Robb Report. 11 June 2017. https://web.archive.org/web/20180218044857/http://robbreport.com/travel/destinations/feature-amans-man-aspx-237939/. 18 February 2018. live.
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  26. Web site: PREVIOUS HIDEAWAYS OF THE YEAR . 6 August 2019.
  27. News: DLF to buy Aman Resorts. The Times of India. 28 November 2007 . 11 June 2017.
  28. Web site: Dunn . Scott . Amanruya, Bodrum Luxury Beach Holidays in Turkey Scott Dunn . live . https://web.archive.org/web/20170929183912/https://www.scottdunn.com/luxury-holidays/europe/southern-europe/turkey/coastal-turkey/amanruya . 29 September 2017 . 11 June 2017 . www.scottdunn.com.
  29. Web site: 9 October 2018 . How Aman Changed Hotel Design Forever . 5 February 2023 . Architectural Digest . en-US.
  30. http://www.sleepermagazine.co.uk/People/319880/jaya_ibrahim.html "Jaya & Associates is known throughout the world for sophisticated Asian interiors."
  31. Web site: Amangiri, Canyon Point, Utah - Resort Review & Photos . live . https://web.archive.org/web/20170603031455/http://www.cntraveler.com/hotels/united-states/canyon-point/amangiri--canyon-point . 3 June 2017 . 11 June 2017 . Condé Nast Traveler . en.
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  41. News: Murphy . Heather . 23 August 2022 . Serenity in Midtown, Starting at $3,200 a Night? Aman Is Betting on It. . en-US . The New York Times . 3 September 2022 . 0362-4331.
  42. Web site: Aman Sveti Stefan Hotel- Deluxe Sveti Stefan, Montenegro Hotels- GDS Reservation Codes: Travel Weekly. www.travelweekly.com. en. 11 June 2017.
  43. Web site: Exclusive Glimpse of Aman's Tokyo Resort, Its First in a City. Fujikawa. Megumi. 19 December 2014. WSJ. en-US. 11 June 2017. https://web.archive.org/web/20180914002629/https://blogs.wsj.com/japanrealtime/2014/12/19/exclusive-glimpse-of-amans-tokyo-resort-its-first-in-a-city/. 14 September 2018. live.
  44. Web site: Aman Venice - Hotel Overview .
  45. http://www.architectureaustralia.com/aa/aaissue.php?article=12&issueid=200603&typeon=2 "2006 Kerry Hill - RAIA Gold Medallist."
  46. Web site: Aman-i-Khas- Deluxe Sherpur, India Hotels- GDS Reservation Codes: Travel Weekly. www.travelweekly.com. en. 11 June 2017. https://web.archive.org/web/20171213141411/http://www.travelweekly.com/Hotels/Sherpur-India/Aman-i-Khas-p51152177. 13 December 2017. live.
  47. Web site: Amanbagh. www.luxurydreamhotels.com. en. 11 June 2017. https://web.archive.org/web/20171111041403/http://www.luxurydreamhotels.com/en/hotels/Amanbagh.html. 11 November 2017. live.
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  49. Web site: Amandayan, Aman Resort's Third Property in China Opens in Lijiang. www.luxurytravelmagazine.com. 11 June 2017. https://web.archive.org/web/20170403080321/http://www.luxurytravelmagazine.com/news-articles/amandayan-aman-resorts-third-property-in-china-opens-in-lijiang-23212.php. 3 April 2017. live.
  50. Web site: 29 February 2016. Amanemu launches in Japan. 19 January 2022. Sleeper. en-US.
  51. Web site: Amanera — Cabrera, Dominican Republic. Wallpaper*. Magazine. 11 February 2016. Wallpaper*. 25 July 2017. https://web.archive.org/web/20170514135746/http://www.wallpaper.com/travel/dominican-republic/cabrera/hotels/amanera. 14 May 2017. live.
  52. News: Amanfayun, China. LLC. Andrew Harper. Andrew Harper. 11 June 2017. en.
  53. Web site: Amangalla, Galle Fort Fleewinter. www.fleewinter.com. 11 June 2017.
  54. News: Amangani Opens In Jackson Hole. tribunedigital-chicagotribune. 11 June 2017. en. https://web.archive.org/web/20170410220024/http://articles.chicagotribune.com/1998-10-25/travel/9810250376_1_grand-teton-teton-village-alpine-skiing. 10 April 2017. live.
  55. Web site: Amanjena - Luxury Resort Marrakech - Luxury Explorer. www.luxuryexplorer.com. 11 June 2017.
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  57. Web site: Special feature: Amankila, Bali, Indonesia. 19 August 2015. A Luxury Travel Blog. 11 June 2017. https://web.archive.org/web/20170929184223/http://www.aluxurytravelblog.com/2015/08/19/special-feature-amankila-bali-indonesia/. 29 September 2017. live.
  58. News: Amankora Jakar, Bumthang, Bhutan - Venue Report. 30 October 2014. The Venue Report. 11 June 2017. en-US. https://web.archive.org/web/20170714203444/https://www.venuereport.com/venue/amankora/. 14 July 2017. live.
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  60. Web site: Amanpulo Resort- Deluxe Pamalican Is, Philippines Hotels- GDS Reservation Codes: Travel Weekly. www.travelweekly.com. en. 11 June 2017. https://web.archive.org/web/20170710234706/http://www.travelweekly.com/Hotels/Pamalican-Is-Philippines/Amanpulo-Resort-p8367527. 10 July 2017. live.
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  62. News: Amansara in Siem Reap, Cambodia. Perlez. Jane. 10 July 2005. The New York Times. 11 June 2017. en-US. 0362-4331. https://web.archive.org/web/20150529180024/http://www.nytimes.com/2005/07/10/travel/amansara-in-siem-reap-cambodia.html. 29 May 2015. live.
  63. Web site: Amanresorts Opens Amantaka in Luang Prabang, Laos. www.luxurytravelmagazine.com. 11 June 2017. https://web.archive.org/web/20110101012830/http://www.luxurytravelmagazine.com/news-articles/amanresorts-opens-amantaka-in-luang-prabang-laos-13766.php. 1 January 2011. live.
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  65. News: Amanwella, Sri Lanka Traveller Made. 11 June 2017. https://web.archive.org/web/20171112001332/http://www.travellermade.com/hotel-partners-asia-pacific/amanwella/. 12 November 2017. dead.
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