Cain International Leads $900M Investment in Luxury Hotelier Aman Group
Privately held investment firm Cain International and The Public Investment Fund have made a $900-million investment into Aman Group to support the brand’s global expansion of ultra- luxury hotels and branded residences. The transaction values Aman Group at US$3 billion.
Aman Group comprises a collection of 34 hotels across 20 countries, 12 of which include Aman Branded Residences, with nine further hotels and residences projects under construction. A committed pipeline of additional destinations has been secured in countries including the U.S., Japan, Mexico, South Korea, Saudi Arabia, and across Europe.
The investment will be used to enhance the existing portfolio, drive the construction pipeline and support the acquisition and development of additional sites.
“As the hospitality landscape continues to evolve, we expect to see a growing desire for travellers and investors alike to prioritize experiences supported by preeminent brands like Aman,” said Jonathan Goldstein, CEO and co-founder of Cain International.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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