Turks And Caicos Real Estate Detail
Founded by Adrian Zecha in 1988, Amanresorts came into being when Zecha was looking for a holiday home in Phuket. He discovered the ideal location – a coconut plantation with no other developments in sight – when wandering along Pansea Beach on the island’s west coast. Plans to build a home on the site soon developed into an idea to build a small boutique resort in partnership 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. At this time resorts usually featured 500 rooms or more, and the boutique hotel concept was still in its infancy.
Amanresorts is owned by a holding company called Silverlink Holdings Limited. By 1992, the group had expanded to include several resorts in Indonesia, a resort on Bora Bora and one in the Alpine village of Courchevel 1850. In 1993, Clement Vaturi an old friend whose family controlled Hôtelière Immobilière (a Paris-listed public company) acquired 54% of the company and injected new capital.
Growth continued apace until 1998 when due to circumstances unrelated to Amanresorts, Vaturi’s controlling interest fell into the hands of Los Angeles-based Colony Capital, a real estate investment fund. A lawsuit between Vaturi and Colony Capital promised to drag on, putting on hold Zecha's plans to continue the expansion of Amanresorts indefinitely.
Founded by Adrian Zecha in 1988, Amanresorts came into being when Zecha was looking for a holiday home in Phuket. He discovered the ideal location – a coconut plantation with no other developments in sight – when wandering along Pansea Beach on the island’s west coast. Plans to build a home on the site soon developed into an idea to build a small boutique resort in partnership 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. At this time resorts usually featured 500 rooms or more, and the boutique hotel concept was still in its infancy.
Amanresorts is owned by a holding company called Silverlink Holdings Limited. By 1992, the group had expanded to include several resorts in Indonesia, a resort on Bora Bora and one in the Alpine village of Courchevel 1850. In 1993, Clement Vaturi an old friend whose family controlled Hôtelière Immobilière (a Paris-listed public company) acquired 54% of the company and injected new capital.
Growth continued apace until 1998 when due to circumstances unrelated to Amanresorts, Vaturi’s controlling interest fell into the hands of Los Angeles-based Colony Capital, a real estate investment fund. A lawsuit between Vaturi and Colony Capital promised to drag on, putting on hold Zecha's plans to continue the expansion of Amanresorts indefinitely.
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
Turks And Caicos Real Estate
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