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CDL Hospitality Trusts acquires Jumeirah Dhevanafushi Maldives

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Jumeirah Dhevanafushi

Maldives.net.mv – CDL Hospitality Trust is making a US$61m acquisition of the Jumeirah Dhevanafushi high-end 5-star resort in the Maldives, subject to regulatory approval from the Ministry of Tourism, Arts and Culture of the Republic of Maldives.

With a total land area of 53,576 square metres (sq m), Jumeirah Dhevanafushi currently consists of 19 beachfront villas and 16 over-water villas that sit on only 9,056 sqm of built-up area. There are plans to add two more beachfront villas in the coming year with the costs borne by the seller of the property.

The resort was opened only on Nov 2011 and has managed to achieve revenue per available room (RevPAR) of US$754 for the first nine months of the year as the Maldives market has one of the highest RevPARs in the world. For comparison, the REIT had reported a portfolio-wide RevPAR of S$191 in its latest third quarter results.

Jumeirah Hotels & Resort will continue the management of the resort.

Prior to this acquisition, the real estate investment trust owned 12 hotels and one resort with a total of 4,420 rooms, scattered across Singapore, Australia, New Zealand, and Maldives. Other properties owned by CDL H-Trust includes Angsana Velavaru Maldives.

 

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Maldives joins Hollywood’s biggest night with lavish retreats for Oscar nominees

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In an exciting fusion of cinematic excellence and tropical luxury, the 2025 Oscar nominees are set to receive an extraordinary gift: an indulgent escape to the Maldives. This lavish inclusion is part of the renowned ‘Everyone Wins’ gift bag, curated annually by Los Angeles-based marketing company Distinctive Assets. This year’s bag, valued at over $2 million, ensures that even those who don’t take home the iconic gold statue won’t leave empty-handed.

At the heart of this opulent assortment are two exceptional Maldivian retreats: JOALI Maldives and JOALI BEING. Nominees are invited to indulge in four-night stays at both resorts, a combined experience valued at $16,000.

  • JOALI Maldives: This art-immersive resort offers guests a harmonious blend of luxury and creativity. With 73 private beach and water villas, each space is adorned with curated artworks, transforming the island into a living gallery. Guests can savour innovative dining, engage in marine adventures, and rejuvenate at the world-class spa. The resort’s commitment to sustainability ensures that indulgence aligns with environmental consciousness.
  • JOALI BEING: As the Maldives’ first and only dedicated wellbeing island retreat, JOALI BEING offers a transformative journey centred on holistic wellness. Guests can immerse themselves in personalised programmes designed to rejuvenate the mind, body, and spirit. The resort features thoughtfully designed villas, each with stunning ocean views, and a plethora of wellness facilities, including hydrotherapy, sound healing, and culinary arts that promote vitality.

The inclusion of these Maldivian resorts in the Oscars gift bag underscores the archipelago’s status as a premier destination for luxury and tranquility. The Maldives’ pristine beaches, crystal-clear waters, and unparalleled hospitality continue to captivate the world’s elite, offering an idyllic escape from the spotlight’s glare.

As Hollywood’s finest prepare to celebrate cinematic achievements, the promise of a Maldivian retreat adds an extra layer of allure to the festivities. For the nominees, whether they secure an Oscar or not, the real victory lies in the opportunity to unwind in one of the world’s most breathtaking locales.

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March into world of colour, celebration at Angsana Velavaru

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This March, Angsana Velavaru invites travellers to experience a month full of vibrant celebrations and unforgettable moments. From vibrant colours Holi to the soulful celebration of women, the resort offers an array of event and experiences perfect for those seeking relaxation, adventure and an escape into paradise.

On 8 March, guests can indulge in a day of celebration dedicated to honouring the women in their lives. The experience begins with a Champagne & Chocolate Tasting at Kuredhi Beach, where the bubbles of champagne pair perfectly with rich sweetness of chocolate, set against the stunning Maldives backdrop.

Adventures can take part in the complimentary banana boat ride, an exciting experience offering the thrill of the sea and the warmth of camaraderie. For those seeking tranquillity, the Sunset Stretch & Relax session at Angsana Spa & Gallery invites guests to unwind as the sun sets. As the day draws to close, guests can enjoy the Sunset Happy Hour at Funa, followed by a Feast of Senses overlooking the ocean, where exquisite flavours and breathtaking views come together for a memorable experience.

To cap off the night, the Ladies Night Party at Kuredhi Pool Bar promises an evening of laughter, music and celebration under the stars.

Celebrate the vibrant festival of Holi with a week-long celebration from 10 to 17 March that invites guest to immerse themselves in colour and joy. Each moment offers an opportunity to embrace the artistry and vibrancy of the season, beginning with a Rangoli Making session at Kuredhi Pool Bar Beach, where guests can create intricate designs that capture the essence of the festival, surrounded by the tranquil beauty of the Maldives. The Colour Splash Extravaganza ignites the atmosphere with a spectacular burst of colours, offering a visually captivating experience that promises to be both joyful and exhilarating. For those seeking adventure, the resort invites guests to take part in Whale Shark Snorkelling, where encounters with these majestic gentle giants leave a lasting impression, blending awe with serenity in the crystal-clear waters.

The celebration of Indian culture continues with an elegant Indian Flavours Celebration at Kaani, where the rich tapestry of spices and delicacies transport guests to the heart of India’s culinary heritage. For a truly indulgent experience, guests can unwind with the soothing Holi Bliss at Angsana Spa & Gallery, a rejuvenating treatment designed to refresh both body and soul.

As the sun sets and the evening draws near, the DJ Party in Colours at Kuredhi Pool Bar fills the air with infectious beats and radiant neon hues, creating an unforgettable atmosphere that pulses with energy and excitement, ensuring the spirit of Holi continues long into the night.

Throughout March, Angsana Velavaru offers a variety of complimentary experience designed to enhances every traveller’s stay. Guest can explore the house reef through snorkelling, enjoy a fun-filled karaoke night, or relax during a laid-back movie night under the stars.

This march, Angsana Velavaru serve as the perfect setting for unforgettable moments.

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Awards

Waldorf Astoria Maldives Ithaafushi earns third Forbes five-star rating

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Waldorf Astoria Maldives Ithaafushi has once again secured the prestigious Forbes Travel Guide (FTG) Five-Star rating, marking its third consecutive year of recognition by the world’s only independent global rating system for luxury hospitality.

This accolade reinforces the resort’s reputation as a benchmark for unparalleled luxury, impeccable service and transformative guest experiences.

“This achievement is more than an award—it is a testament to the unwavering dedication of our team, who continuously redefine what luxury hospitality means in the Maldives,” said TJ Joulak, general manager of Waldorf Astoria Maldives Ithaafushi. “To be recognized for three consecutive years by Forbes Travel Guide reaffirms our promise to deliver an extraordinary level of service, ensuring that every moment spent at our resort is unforgettable.”

This highly coveted accolade underscores the resort’s unwavering commitment to elevating guest experiences, cementing its status among the world’s most luxurious destinations. The resort’s consistent excellence is further highlighted by its continued recognition for the third consecutive year, maintaining its place as a premier choice for discerning travellers.

The Forbes Travel Guide Star Rating is one of the industry’s most rigorous and respected distinctions, with properties evaluated against 900 exacting criteria that emphasise flawless service, exceptional facilities, and an unwavering commitment to excellence. Only properties that demonstrate consistently extraordinary experiences earn a Five-Star rating.

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