Luxury chain Amanresorts sold to management for $300 million
Photo Caption: Amanbagh in Jaipur, India
Skift Take
Amanresorts is as luxury boutique as you get, and now that it is independent, it will likely be a better fit with its authentic, small, intimate image.
DLF, India's biggest property developer, will sell its Amanresorts luxury hotel chain in a management buy-out -- to founder and chairman Adrian Zecha -- with an enterprise value of around $300 million
