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Voyage Edge · Intelligence Desk MACALLAN 1926

Aman Opens Dolomites Rosa Alpina, Texas Property as Doronin Scales $3B Portfolio

The billionaire-backed brand adds two US-accessible anchors while queuing eight more openings through 2028.

Published June 30, 2026 Source Prestige Online From the chopped neck
Subject on the desk
Aman Resorts
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MACALLAN 1926 · June 30, 2026

Aman Opens Dolomites Rosa Alpina, Texas Property as Doronin Scales $3B Portfolio

The billionaire-backed brand adds two US-accessible anchors while queuing eight more openings through 2028.

PublishedJune 30, 2026
SourcePrestige Online →
From the chopped neck

Aman Resorts opened Rosa Alpina in Italy's Dolomites this month and confirmed a Texas property, the brand's second mainland US location after New York. Owner Vladislav Doronin, the Russian billionaire who acquired Aman in 2014 for an undisclosed sum estimated near $358M, now oversees 37 operating properties with eight more scheduled through 2028. The Texas site—location undisclosed—joins a North American cluster that includes Amangiri in Utah, Miraval resorts in Arizona and Texas, and the $100M-plus Aman New York on Fifth Avenue.

Rosa Alpina occupies a 1939 family-run hotel in San Cassiano, elevation 1,537 meters, that Aman acquired and renovated without altering the exterior. The property has 51 rooms, three pools, and a pizzeria helmed by a chef trained under Norbert Niederkofler, whose St. Hubertus three-Michelin-star restaurant sits 400 meters away. Winter rates start at €1,200 per night; summer bookings open in April. The Dolomites property is Aman's third in Italy after Venice and Lake Como, forming a triangle that captures the alpine-to-Adriatic traveler who previously split loyalty between Cheval Blanc Courchevel and Cipriani.

The Texas addition matters for two reasons. First, it gives Aman a Southwest presence that doesn't require a Utah desert drive, which matters for the Houston-Dallas family-office corridor that accounts for 12% of US private wealth over $30M. Second, it's a signal that Doronin is betting on the US despite his Russian passport complicating capital flows since 2022. Aman's parent, DLF Luxury Hotels & Resorts, is registered in the British Virgin Islands; Doronin has not faced direct sanctions but has redirected financing through Middle Eastern partners, according to industry filings. The brand raised $600M in 2021 from Saudi Arabia's Public Investment Fund and Qatar Investment Authority, money that now underwrites the current expansion wave.

The 2026-2028 pipeline includes properties in Mexico City, Marrakech, Miami Beach, Niseko, and Saudi Arabia's AlUla. The Miami Beach site, confirmed for 2027, will be Aman's first Florida presence and its third US coastal property after Malibu's under-construction Amanvari. AlUla, scheduled for 2028, is part of Saudi Arabia's Red Sea tourism push, which has allocated $1.3B across 16 luxury-hotel developments. Aman's typical development cost runs $40M to $120M per property depending on room count and archeological sensitivity; AlUla will trend toward the high end due to site restrictions.

Family offices and brand-partnership teams should watch three follow-on events. First, whether Aman announces a second Texas property within 18 months, which would confirm a regional cluster strategy rather than a one-off. Second, whether the Miami Beach opening slips past 2027, which would indicate financing friction or permitting delays common to South Florida coastal builds. Third, whether Doronin elevates his public profile further—his recent Air Mail essay and increased press availability suggest preparation for either a minority stake sale or a SPAC combination, both of which require Western institutional comfort with his ownership.

The Rosa Alpina pizzeria has a 90-day waitlist for non-guests.

The takeaway
Doronin's Aman adds Dolomites and Texas anchors, signaling US confidence despite sanctions risk and queuing eight more openings through **2028**.
amandoroninhotel-openingsdolomitestexasluxury-hospitality
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