Ultra-Luxury Hotel Group Aman Seeks $2 Billion for Global Push

Aman Group, which builds and operates some of the world’s most expensive hotels, is planning to raise as much as $2 billion from investors to help fuel the next leg of its global expansion.

The fresh cash will help the Switzerland-based company make progress on the 23 hotel projects it has under development, according to Chief Executive Officer Vladislav Doronin. The firm is also focused on expanding Aman Residences, lavish homes with hotel-level amenities that it is building around the world.