News
Marriott and Starwood sign amended merger agreement

Maldives.net.mv – Marriott International, Inc and Starwood Hotels & Resorts Worldwide, Inc announced today that the companies have signed an amendment to their definitive merger agreement that creates the world’s largest hotel company.
Under the terms of the amended merger agreement, Starwood shareholders will receive $21.00 in cash and 0.80 shares of Marriott International, Inc. Class A common stock for each share of Starwood Hotels & Resorts Worldwide, Inc. common stock. Excluding its timeshare business, the transaction values Starwood at approximately $13.6 billion ($79.53 per share), consisting of $10.0 billion of Marriott International stock, based on the closing price of $73.16 on March 18, 2016, and $3.6 billion of cash, based on approximately 170 million outstanding Starwood shares. Starwood shareholders will own approximately 34 percent of the combined company’s common stock after completion of the merger, based on current shares outstanding.
In addition, Starwood stockholders are expected to receive separate consideration in the form of Interval Leisure Group common stock from the spin-off of the Starwood timeshare business and subsequent merger with ILG, currently valued at $5.83 per Starwood share, based on ILG’s share price as of market close on March 18, 2016. Both companies continue to expect the closing of this transaction will occur well before the planned date of the Marriott-Starwood merger closing. The amended agreement and the ILG transaction have a combined current value of $85.36 per share of Starwood common stock.
As a result of extensive due diligence and joint integration planning, Marriott is confident it can achieve $250 million in annual cost synergies within two years after closing, up from $200 million estimated in November 2015 when announcing the original merger agreement.
This revised agreement offers superior value for Starwood’s shareholders, the ability to close quickly, and provides value creation potential that will allow both sets of shareholders to benefit from improved financial performance. Marriott and Starwood have already obtained important regulatory consents necessary to complete the transaction, including clearing pre-merger antitrust reviews in the United States and Canada.
Arne Sorenson, President and Chief Executive Officer of Marriott International, said: “After five months of extensive due diligence and joint integration planning with Starwood, including a careful analysis of the brand architecture and future development prospects, we are even more excited about the power of the combined companies and the upside growth opportunities. We are also more confident of achieving our updated target of $250 million of cost synergies. With a higher cash component in the purchase price, we have improved the transaction’s financial structure as well.
“We expect to accelerate the growth of Starwood’s brands, leveraging Marriott’s worldwide hotel development organization and owner and franchisee relationships. On the top line, combined sales expertise and increased account coverage should drive additional customer loyalty and increase revenue. Hotel level cost savings should benefit owners and franchisees, including better efficiencies in reservations, procurement and shared services. The company will have a broader global footprint and the most powerful frequent traveler programs in the industry, strengthening Marriott’s ability to serve guests wherever they travel.
“We are also bringing together two of the most talented and experienced teams in the industry. Together, they will combine their innovative ideas and service commitment to deliver unforgettable guest experiences.”
Bruce Duncan, Chairman of the Board of Directors of Starwood Hotels & Resorts Worldwide, said, “We are pleased that Marriott has recognized the value that Starwood brings to this merger and enhanced the consideration being paid to Starwood shareholders. We continue to be excited about the combination of Starwood and Marriott, which will create the world’s largest hotel company with an unparalleled platform for global growth in the upscale segment. We are also pleased with the progress the two companies have made toward closing.
“Throughout this process, our Board of Directors has remained laser-focused on maximizing value for Starwood shareholders, and Marriott’s revised offer provides the highest value to our shareholders through long-term upside potential from shared synergies and ownership in one of the world’s most respected companies, as well as significant upfront cash consideration.
“With its asset light business model, multi-year industry leading unit growth, powerful brands, and consistent return of capital to shareholders, Marriott stock has consistently traded at valuation premiums to its public peers.”
Marriott expects the transaction to be roughly neutral to adjusted earnings per share in 2017 and 2018.
Marriott remains committed to maintaining an investment grade credit rating after the merger. While Marriott anticipates its leverage will be modestly higher than targeted levels when the transaction closes, it expects to reach targeted leverage of 3.0x to 3.25x adjusted debt to adjusted EBITDAR by year-end 2016.
One-time transaction costs for the merger are expected to total approximately $100 million to $130 million. Transition costs are also expected to be incurred over the next two years.
The transaction is subject to Marriott International and Starwood Hotels & Resorts Worldwide stockholder approvals, completion of Starwood’s planned disposition of its timeshare business, obtaining remaining regulatory approvals and the satisfaction of other customary closing conditions. Marriott and Starwood have each agreed to convene its respective stockholder meeting to consider the transactions contemplated by the amended merger agreement on March 28, 2016 and to immediately adjourn such meeting until April 8, 2016. Assuming receipt of the necessary approvals, the parties continue to expect the transaction to close in mid-2016. The break-up fee payable by Starwood in certain circumstances increased to $450 million from $400 million. In circumstances in which the termination fee is payable , Starwood would also be required to reimburse Marriott for up to $18 million of actual costs incurred by Marriott in connection with the financing of the transaction.
As announced on March 18, 2016, Starwood’s Board previously determined that the binding and fully financed proposal from a consortium consisting of Anbang Insurance Group Co., Ltd., J.C. Flowers & Co. and Primavera Capital Limited to acquire all of the outstanding shares of common stock of Starwood for $78.00 per share in cash constituted a “Superior Proposal,” as defined in the merger agreement. The Consortium’s proposal, together with the ILG transaction, have a combined current value of $83.83 per Starwood share. In connection with the amended merger agreement, Starwood’s Board of Directors has determined that the Consortium’s proposal no longer constitutes a “Superior Proposal”, and therefore under the merger agreement Starwood is no longer permitted to engage in discussions or negotiations with, or provide confidential information to, the Consortium. Starwood’s Board unanimously recommends the amended merger agreement with Marriott to Starwood’s stockholders.
News
The Standard, Maldives launches ‘We Got You Covered’ campaign to ensure seamless stay, rain or shine

Even paradise has its cloudy days, but The Standard, Maldives is redefining island time, rain or shine. Known globally for its playful spirit and genuinely people-first approach, the resort is formally announcing its comprehensive “We Got You Covered” initiative. This thoughtful program is designed to transform potential travel interruptions, specifically seaplane cancellations due to tropical weather, into moments of exceptional care, ensuring every guest journey remains bright, bold, and hassle-free, from Malé to the moment they dip their toes in the lagoon.
True to The Standard’s ethos, convenience is seamlessly blended with comfort, putting empathy first. When seaplane transfers are unexpectedly halted by unfavorable weather or other uncontrollable circumstances, guests are never left stranded. The resort’s dedicated team instantly steps in, managing every logistic detail with efficiency and warmth: providing complimentary accommodation at trusted partner hotels in Malé, covering meal expenses, and ensuring smooth coordination of all local transfers. Continuous, reassuring communication from the guest care and reservations teams ensures guests feel supported and connected even before they reach the resort’s shores.
Once on the island, a slower rhythm takes hold on a rainy day and The Standard embraces it beautifully. The resort encourages guests to lean into the cozy downtime with a curated roster of indoor experiences designed to keep the energy high and the spirit alive. This includes luxurious Spa Hammam Journeys and rejuvenating Wellness Rituals, alongside hands-on culinary indulgence like Mixology Workshops and intimate Chef’s Table Dining. The fun continues into the evening with energetic Karaoke Nights, classic Movie Screenings, and enriching Cultural Sessions.
“Our ‘We Got You Covered’ initiative isn’t just about managing logistics; it’s fundamentally about reassurance and connection,” says Sonika Adlakha, Commercial Leader at The Standard, Maldives. “Even when nature has other plans, our guests should always feel seen and cared for, from Malé to their private villa, knowing that we’re here to make their entire journey smooth, memorable, and full of heart.”
By tackling travel unpredictability with genuine warmth and playful resourcefulness, The Standard, Maldives ensures the bold, unscripted holiday experience it’s famous for is delivered regardless of the forecast. The resort guarantees a vibrant escape where every guest is taken care of, making a stay at The Standard truly exceptional, come what may.
Entertainment
Sun Siyam Olhuveli unveils exciting artist roster for MYSTIVAL 2025–2026

Sun Siyam Olhuveli has announced the complete artist line-up for MYSTIVAL 2025–2026, a festive celebration that harmonizes rhythm, artistry, and island mysticism. Set against the breathtaking Maldivian backdrop, MYSTIVAL brings together global talents who embody the spirit of connection and celebration through music, performance, and creative wonder.
This year’s MYSTIVAL experience unites diverse artists across the globe whose craft transcends borders; from electronic soundscapes and soulful pop to mesmerizing movement and illusion.
DJ Trinix
The French electronic duo Josh Chergui and Loïs Serre, known as Trinix, continues to make waves with their blend of future bass, chill, and pop. Their music, celebrated for its uplifting energy and emotional depth, has garnered millions of global streams, viral remixes, and top-tier collaborations. Recognized as “award-winning, chart-breaking” artists on Spotify, Trinix earned nominations at the 2023 NRJ Music Awards in two major categories: Groupe/Duo Francophone de l’Année and Reprise/Adaptation for their rendition of The Magic Key. Their performances at international festivals affirm their status as one of Europe’s most exciting electronic acts.
Matilde G & Band
Italian-born pop singer-songwriter Matilde Girasole, known as Matilde G, brings powerhouse vocals and magnetic stage presence to the MYSTIVAL stage. Now based in Singapore, she and her band perform across Europe and Asia, blending original hits with dynamic covers. Matilde’s rising career has earned her accolades including the MUSIV Award 2024 for “Best Singer Residing Outside the Middle East”, the MIXER Artist of the Year at the 3rd Musivv Awards, and two LIT Music Awards 2025 for Best Pop Music (7Oceans) and Best Female Singer (Ti Voglio). Her performances capture the essence of youthful artistry and creative independence.
DJ Jeremiah
Known for his vibrant personality and electrifying sets, DJ Jeremiah Asiamah is one of the UK’s most recognizable names in music. A BBC Radio 1 and 1Xtra presenter, he has performed on iconic stages such as Glastonbury, Wireless, and Notting Hill Carnival, and made history curating the official soundtrack for the 2025 BAFTA Film Awards. Jeremiah has also performed at the Brit Awards and the FA Cup Final, blending Afro-inspired beats with contemporary UK dance culture. His influence in shaping London’s soundscape has made him a voice for a new generation of music lovers.
DJ Ironik
An acclaimed DJ, rapper, and producer, DJ Ironik is a pioneer of the UK Grime and R&B fusion movement. With over a million records sold, three Top 5 singles, a Top 10 album, and MOBO Award nominations, Ironik has made a significant impact on the British music scene. His collaborations, including Tiny Dancer with Elton John and Chipmunk, showcase his ability to merge storytelling with club-ready energy. He has headlined major events such as the Brit Awards, FA Cup Final, and served as official DJ for the 2025 BAFTA red carpet and after-party, affirming his cultural relevance.
Nourah
A celebrated belly dancer, choreographer, and cultural ambassador, Nourah captivates with her commanding presence and artistic finesse. Founder of Dance Hub Toronto, she has become one of the world’s most-followed dance influencers with over 800,000 followers, inspiring a new generation to embrace Middle Eastern dance. Her performances, seen across the Middle East, GCC, and North America, blend tradition and innovation, bringing cultural artistry to life through movement.
Yev Magician
Bringing a touch of mystery to MYSTIVAL, Yevhen Moskalov, known as Yev Magician, has mastered the art of illusion for over two decades. A member of The Magic Circle, Yev blends sleight of hand, mentalism, and storytelling in captivating performances. His acts, from intimate close-up shows to full-scale productions, have delighted audiences in London and across Europe, turning the impossible into an unforgettable experience.
Originally announced in July 2025, MYSTIVAL was unveiled as this year’s official festive theme under the concept of “Mysticism Meets Celebration” that blurs the boundaries between reality and fantasy. It captures the transformative power of light, sound, and emotion inviting guests to experience the balance between creativity and energy, reflection and revelry. From 21 December 2025 to 8 January 2026, the theme celebrates the unseen connections that bring people together under the stars — a fitting tribute to the magic of the Maldivian islands’ extraordinary experiences.
As the islands come alive with music, dance, and the spirit of celebration, Sun Siyam Olhuveli invites guests to experience a truly unique, never seen festive season where every night unveils a new dimension of island magic.
Book your stay now at the resort’s website and be part of MYSTIVAL 2025–2026 a truly unforgettable journey into rhythm, wonder, and island dreamscape.
News
Autograph Collection Hotels debuts in Maldives with The Halcyon Private Isles: Signature retreat of individuality, immersion

Autograph Collection Hotels, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary hotel brands, has announced the opening of The Halcyon Private Isles Maldives, Autograph Collection. Inspired by the myth of Alcyone, the resort’s name evokes the “halcyon days” – a time of peace, golden light, and unhurried discovery. The Halcyon Private Isles Maldives, Autograph Collection invites guests to step into a modern-day retreat that honours the elegance of the past while embracing the individuality of the present.
Set amid the clear waters of Gaafu Alifu Atoll, about ninety minutes by seaplane from Malé, this resort marks the brand’s debut in the Maldives and introduces a refined expression of individuality – where discovery is reimagined through immersive experiences, intuitive service, and architectural craftsmanship. Located across two pristine private islands, fringed by vibrant coral garden and turquoise lagoons, The Halcyon Private Isles offers guests a rare opportunity to connect deeply with nature, heritage, and one another. Drawing inspiration from 19th-century explorer H.C.P. Bell, the resort honours the spirit of exploration and curiosity with timeless artistry and a distinct sense of place.
“The Halcyon Private Isles Maldives exemplifies the Autograph Collection ethos of individuality and immersive storytelling,” said Gautam Bhandari, Senior Vice President, Hotel Development & Operations for Singapore & Maldives, Marriott International. “From its exquisite design language to its intuitive service, every detail invites guests to slow down and engage meaningfully within the destination. It is a celebration of authenticity wrapped in refined elegance and thoughtful design.”

A Design Language of Stillness, Simplicity, and Soul
Intentionally crafted as a modern homage to the Maldivian seascape, the resort’s architecture flows with the rhythm of the ocean. A tranquil palette of grey-blues, natural timbers, and organic textures blends seamlessly with the surrounding environment. Open-plan spaces, floor-to-ceiling windows, and generous outdoor decks ensure uninterrupted ocean views with a connection between indoor and outdoor living. Handcrafted elements, inspired by island traditions and maritime heritage, evoke a sense of calm discovery throughout.

Spacious Villas: Secluded Sanctuaries for Modern Explorers
The Halcyon features 38 private villas, each an expansive sanctuary that combines thoughtful design with uncompromising comfort. Among the largest in the region, the villas range from 220 to over 1,250 square meters, offering abundant space for privacy, relaxation, and elevated island living. Guests may choose from a variety of accommodations, including:
- Island Villas – Nestled in tropical foliage, offering garden seclusion and direct beach access.
- Overwater Villas – Set above calm lagoons, with private decks and direct steps into the ocean.
- Two Bedroom Ocean Villas – Ideal for families or group travel, offering expansive living and dining spaces, multiple terraces, and uninterrupted ocean panoramas.
- The Halcyon Grand Estate – A three-bedroom modern manor, where gracious living commands the lagoon, including a rooftop terrace for effortless entertaining and direct lagoon access.
Each villa is a personal retreat, featuring private infinity pools and handcrafted interiors that reflect the island’s maritime heritage.




Butler Service: Personalised, Discreet, and Deeply Considered
From the moment of arrival, guests are paired with a dedicated Halcyon Butler – a discreet yet intuitive presence who orchestrates every element of the stay. Services include, but are not limited to:
- Curated guest itineraries tailored to individual interests, from sunrise rituals to stargazing sessions.
- Marine Butler-led excursions including private diving, snorkeling, and traditional line fishing.
- Bespoke in-villa dining with personalized menus crafted by the Executive Culinary Team.
- Customised wellbeing schedules including private yoga or meditation sessions, individually tailored spa treatments, and recovery therapies.
- Seamless coordination of milestone celebrations, private events, and surprise moments.
Whether arranging an uncharted island exploration, a rare bottle of wine, or a private poolside candlelit dinner, the butler ensures every request is graceful, intuitive, and a reflection of the resort’s dedication to craft.

Curated Culinary Experiences: Taste, Place, and Customisation
Dining at The Halcyon is a sensory journey and a curated expression of place, where flavour and storytelling converge. The resort brings quiet elegance and authenticity to island dining, with each course thoughtfully composed for the well-travelled palate. Guests can explore a variety of dining experiences that celebrate flavour and setting in equal measure. Thari, the all-day venue, serves international and island-inspired dishes, while Yuzu brings a refined blend of Peruvian and Japanese flavours to the lagoon’s edge. Evenings unfold beneath the stars at The Firepit, where chefs prepare flame-grilled specialties, or at Yapa Sunset Bar, known for creative cocktails, tapas, and freshly prepared sashimi with South American and Japanese influences. Bell Bar, named in honour of explorer H. C. P. Bell, captures the quiet glamour of a bygone age with signature cocktails and rare spirits that tell stories of journeys and discovery.
Beyond the main venues, guests can indulge in bespoke private dining experiences, curated to taste, tailored to dietary, cultural, or celebratory preference and chosen setting, creating lasting memories:
- In-Villa Dining – Multi-course menus designed by the Executive Culinary Team, served by candlelight on the terrace or floating in the villa’s private infinity pool.
- Beachfront Dinners – An on-the-beach setting beneath the stars, with tiki torch lights, fine wine pairings, and personalised décor.
- Overwater Dining Pavilions – Private decks with panoramic views, where every course is timed to the sunset and tide.
- Champagne Sandbank Experiences – Accessed by private boat, featuring chef-grilled cuisine, vintage Champagne, and unmatched privacy.

Immersive Discovery: Crafted for Curiosity
Echoing the spirit of the Golden Age of travel, The Halcyon’s curated experiences transport guests to a Maldives untouched by time. Led by marine experts and Halcyon Butlers, each journey is designed to leave a lasting imprint — whether exploring vibrant reefs with a Resident Marine Biologist, engaging in traditional line fishing aboard a Dhoni, or discovering the atoll through water sports and private charters. Young guests are invited into their own world of wonder through a supervised children’s programme that balances purpose and play. Activities include marine biology workshops, eco-focused beach games, and junior coral planting — all designed to spark curiosity and foster respect for the natural world.
Wellbeing in Rhythm with Nature
Beyond the overwater Halcyon Spa, the resort offers a holistic wellness programme rooted in natural balance and island wisdom, with offerings ranging from sunrise yoga and sound therapy to couples’ connection journeys that include energy balancing sessions and shared intention-setting rituals. Guests can also book full-day or multi-day wellness itineraries with personalised nutrition, movement, and sleep optimisation programme.

A Signature Maldivian Retreat by Autograph Collection
With its distinctive design, intuitive service, and extraordinary setting, The Halcyon Private Isles Maldives, Autograph Collection is a celebration of distinct perspective, immersive storytelling, and soulful design – Exactly Like Nothing Else. Here, every villa is a private retreat, every experience is tailored, and every moment invites deeper connection – with nature, with others, and with oneself.
The Halcyon Private Isles Maldives, Autograph Collection participates in Marriott Bonvoy®, the award-winning travel program from Marriott International, allowing members to earn and redeem points for their stay at the resort and across the Marriott Bonvoy portfolio. With the Marriott Bonvoy app, members enjoy a personalised and seamless experience that allows them to travel with peace of mind.
For reservations and more information, please visit the hotel’s website.
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