in5points
BusinessBloomberg

Aman Gets Backing for Luxury Hotels From New $500 Million Fund

in5points

  1. Vlad Doronin's OKO Group and Seoul-based Shinsegae Group are starting a new $500 million fund to develop luxury hotels and other properties.

  2. The investment reflects affluent consumers' willingness to spend lavishly on travel.

  3. The fund will focus on luxury hotel development and related real estate projects.

11h ago · original ↗
Aman Gets Backing for Luxury Hotels From New $500 Million Fund · in5points