Aman's launch of a less costly and more wellness-focused Janu has been long awaited. Plus, more highlights from this week's news in hotel deals and development worldwide.
From issuing the first tourist visa in September 2019 to the announcement of a free-of-charge four-day stopover transit visa for air travelers, Saudi Arabia has indeed come a long way. And then of course there's the target to attract 100 million tourists per year by 2030.
Saudi Arabia's Public Investment Fund has proposed to acquire a 30 percent stake in Riyadh-based travel firm Almosafer — a subsidiary of Seera Group — for $412 million.
In Skift's top stories this week, Aman Resorts has big plans after receiving a $900 million investment, event attendance hit a plateau, and Vacasa announced a new CEO.
The Aman brand is not your billionaire father's ultra-luxury hotel. But can the brand retain its appeal with a rising generation as it scales to the size of Waldorf Astoria?
Aman Group has received a $900 million investment from Saudi Arabia’s Public Investment Fund and Cain International, the London-based privately-held real estate investment firm.
The Aman model of creating sanctuaries in remote settings has proven quite successful since the company's founding in 1988. But now, Aman is looking to translate its ethos into urban spaces.
Why wouldn't Millennials like Aman Hotels? It's among the most luxurious operators in the world. But here's a better question: When they're paying with their own money, will they still be as happy with the brand?