Maldives New Hotels 2020-2024
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An ambitious new project to build one of the most opulent resorts in the world in the Maldives is being undertaken by Estithmar Holding, the Qatari investment firm renowned for its dedication to perfection.
Rosewood Hotels & Resorts has been chosen to manage a new ultra-luxury resort, set to open in Q1 2025. Developed by Royal Resorts, a subsidiary of Estithmar Holding, the resort will feature 120 independent beach and overwater villas, including one- to five-bedroom options, all with private pools. The resort is set to become a highly desirable destination for luxury travelers and will include select villas located on private islands. The total investment for the project is $343 million.
A wellness centre, a beach club, as well as other amenities that are certain to provide visitors with a memorable experience will be located in the resort's heart. The Rosewood resort in the is poised to offer visitors a distinctive and unmatched experience with a focus on experiencing luxury.
With year-round high occupancy, the Maldives have long been considered as one of the top tourist destinations in the world. The Maldives boast some of the greatest rates of return on investment in the world for the tourist industry, making it the perfect place for investors looking to generate a sizable return on investment.
Al Maha Island in Lusail, Maysan Resort in Aspire, and Katara Hills Resort in Katara are just a few of Estithmar Holding's well-known properties in the Qatari tourism industry. The company's dedication to creating premier tourist destinations is demonstrated by this most recent investment in the Maldives.
Estithmar Holding's Chairman, Mr. Moutaz Al Khayyat, has expressed his enthusiasm for investing in the Maldives, citing the flexibility and encouraging investment environment as key factors. He noted that the Maldives offers numerous investment opportunities, which have resulted in the private sector innovating and developing new projects that enhance tourism and entertainment programs globally.
Radha Arora, President of Rosewood Hotels & Resorts, stated, "The Maldives is a fantastic location for a Rosewood hotel, and we are looking forward to bringing our A Sense of Place philosophy to life in this magnificent destination.
"We are happy to collaborate with Estithmar Holdings on this challenging project, which is certain to set the bar for ultra-luxury experiences in the Maldives.
With Rosewood's unmatched experience and its know-how from managing more than 30 hotels in 16 different locations worldwide, the Rosewood resort in the Maldives is poised to become the perfect destination for luxury guests. The magnificent architecture, amazing views, and first-rate service that this resort will provide are sure to leave visitors in amazement.
The Maldives, a soug...
The Republic of Mald...