A year after receiving nearly €844 million from the Saudi Arabian sovereign wealth fund and Cain International, AMAN announced in a press release, it received a further €337 million last September, this time from a group of investors including Mudabala Capital, a subsidiary of the Abu Dhabi sovereign wealth fund Mudabala Investment Company, and Alpha Wave Ventures, a private fund managed by Alpha Wave Globel and Chimera Capital.
This investment has helped the company reach a valuation of 3 billion dollars. “My long-term strategy has always been to create ecosystems based on the Aman philosophy for both urban destinations and resorts,” he says, before adding: “Validating Aman’s strategy through major investors in regions where we plan to grow enables us to take advantage of Aman’s extraordinary potential and accelerate the achievement of sustainable growth,” says the Russian businessman, looking forward to an already flourishing future.
While the group has only opened 34 luxury hotels in 20 countries in 35 years, it plans to add 11 new ones over the next four years. These are due to open in Tokyo at the end of the year, followed by Thailand, South Korea, the Maldives, Turkey, Portugal, Montenegro and the Turks and Caicos Islands, as well as the United Arab Emirates and Saudi Arabia.
The hotel in the United Arab Emirates is due to open in Dubai in 2027, while two hotels are being prepared in Saudi Arabia at Diriyah on the outskirts of Riyadh and AlUla. They will incorporate the Janu brand, whose launch in 2020 was disrupted by the Covid-19 pandemic.
Last April, AMAN announced the launch in 2027 of a 50-suite luxury super-yacht, the Aman at Sea.
Aman Nai Lert Bangkok, Thailand
More from OPPORTUNITIES
The Maldives expands tourism model with Special Economic Zones for large-scale, integrated developments
The Maldives is moving to expand its tourism model with proposed amendments to the Special Economic Zones (SEZ) Act. The …
Golden Goose names Mauro Maggioni as next CEO for the Americas
Mauro Maggioni is set to be announced as the new CEO of GOLDEN GOOSE’s US subsidiary. He will succeed Silvia …
Hakkasan Group has named Yavuz Pehlivanlar as new CEO
Hakkasan Group has named Yavuz Pehlivanlar as its new chief executive as it eyes further growth worldwide. Pehlivanlar was previously …
