Maldives.net.mv – Aitken Spence Hotels has announced the expansion of Adaaran Resorts with the acquisition of two new islands in Maldives for resort development.

It was revealed that USD 5 million was paid the acquire the lease rights of Raafushi island in Noonu Atoll.

Adaaran palns to invest USD 50 million to develop a five-start resort with 163 villas in Aarah Island in Raa Atoll.

Aitken Hotels operate Meedhupparu, Hudhuranfushi, Rannalhi and Vadoo in Maldives under Adaaran Resorts.