News
Roxy-Pacific Holdings to renovate and rebrand Kuda-Funafaru

Maldives.net.mv – Property and hospitality group Roxy-Pacific Holdings has revealed plans for its newly acquired Maldives resort, Zitahli Kuda-Funafaru as the company has finalised the purchase of the Noonu Atoll property from AAA Group.
Roxy Pacific Managing Director Mr. Chris Teo confirmed that the resort will undergo extensive renovation of guest villas, public spaces and food & beverage (F&B) outlets before opening in the first quarter of 2017. Upon completion it will be the second property to be marketed under Roxy’s premium Noku brand. The first opened in Kyoto, Japan in November 2015.
“We are extremely excited to have completed the acquisition of this stunning property, our first in the Maldives. We look forward to turning it into an exceptional resort that will appeal to upmarket travelers looking for unique experiences in one of the most desirable destinations in the world,” says Mr. Teo. “This acquisition fits with our broader strategy of acquiring boutique properties in Asia Pacific’s up-and-coming locations.”
“As a Maldivian owned and independently managed resort, we are delighted to have found a buyer who would be committed to continuing to deliver the high standards of service and hospitality our team has strived for.” says Mr. Ahmed Hamza, Deputy Managing Director of AAA Group. “We welcome them to the Maldives and congratulate them on acquiring Zitahli Kuda-Funafaru.”
“This is a great outcome for both Roxy Pacific and the seller, AAA Group,” says Mr. Nihat Ercan, Executive Vice President, JLL Hotels & Hospitality Group, Asia. “The Maldives is a global gateway resort destination. Coupled with its robust trading environment and investor-friendly policies, the country is a highly attractive destination for investors from Asia Pacific, Middle East and beyond. The sale of Zitahli Kuda-Funafaru is the eight resort transaction exclusively marketed and sold by JLL and underpins the depth of investment activity in the market.
“On the back of this momentum, we are continuing to market resorts in the Maldives and Indian Ocean exclusively on behalf of owners,” adds Mr. Ercan.
Zitahli Kuda-Funafaru Resort and Spa currently comprises 50 villas (30 over-water villas and 20 beach villas), four F&B outlets, a full-service spa, an ocean-front fresh water infinity pool, a state-of-the-art diving centre, a fitness centre with full-sized tennis court, and a luxury boutique.
There were a record 1.23 million tourist arrivals in the Maldives in 2015 and in the first quarter of 2016, there has been a 4.3 percent increase in visitors compared to the same period last year.
Visitors from China make up 29 percent of arrivals, making it the top tourism source market for the Maldives. The Indian Ocean archipelago continues to welcome a large number of visitors from Europe and between 2010 and 2015 the number of visitors from the Middle East more than tripled.
Awards
Holiday Inn Resort Kandooma secures prestigious Green Globe Certification
Holiday Inn Resort Kandooma Maldives has announced that it has successfully achieved Green Globe Certification, following an independent audit conducted after a focused six-month programme. Officially awarded on 23 December 2025, the resort attained an 86 per cent compliance score, marking an important step in its ongoing sustainability efforts.
Green Globe Certification is recognised as one of the world’s leading sustainability standards for the tourism sector. To be certified, organisations must demonstrate verified compliance with more than 40 criteria covering environmental stewardship, social responsibility, cultural heritage and sustainable management. The process prioritises transparency, measurable progress and continuous improvement, making the certification a notable accomplishment within the global hospitality industry.
General Manager Mark Eletr noted that the result reflects both strategic intent and collective commitment across the resort.
He stated: “We are very pleased with this achievement and with the steps taken to prioritise sustainability at Kandooma. That focus was evident from the outset through the expansion of two key roles within the team, ensuring sustainability leadership and accountability were firmly in place.”
As part of this approach, the resort introduced a combined Sustainability Officer and General Manager’s Executive Assistant role to lead operational implementation, supported by enhanced strategic guidance from the Director of Marketing, who recently completed tertiary studies with a strong sustainability focus.
Mark Eletr added: “An Executive Assistant role is traditionally heavily administrative. By streamlining my own processes and integrating AI tools to improve efficiency, we were able to redesign the role to place sustainability at its centre. Broadening our Director of Marketing’s remit has further strengthened strategic direction by adding genuine expertise and commitment. With both positions reporting directly to me, sustainability is clearly elevated across the resort, and the structure has proven highly effective.”
He also highlighted that the certification journey itself has been one of the most valuable outcomes.
“This was a whole-resort effort. It required commitment, collaboration and a shared vision for Kandooma’s long-term direction. We have now established strong policies, processes and measurement frameworks that will endure beyond the current leadership team, forming a key part of our annual planning cycle.”
The certification aligns closely with IHG Hotels & Resorts’ Journey to Tomorrow framework, the group’s global sustainability strategy centred on people, communities and the planet. It sets targets related to carbon reduction, water stewardship, waste management, responsible sourcing and community impact across IHG’s worldwide portfolio.
With an 86 per cent score against Green Globe’s criteria, Holiday Inn Resort Kandooma Maldives demonstrated strong performance in areas such as energy and water efficiency, waste reduction and recycling, marine ecosystem protection, responsible procurement, colleague wellbeing and community engagement. Initiatives including coral conservation, marine education, colleague sustainability training and newly introduced guest sustainability pledges highlight the resort’s integrated approach to responsible tourism.
Reflecting on the process, Mark Eletr said: “The past few months have been challenging, but the outcome has been worthwhile. This certification gives us a clear improvement plan and a roadmap for the future. We did not want a symbolic certification—we chose Green Globe because it is rigorous and evidence-based. Some said it would be too difficult, which is exactly why we pursued it. We wanted a standard that pushes us to improve, now and in the years ahead.”
Green Globe Certification provides an ongoing framework to support continuous improvement, ensuring the resort evolves its sustainability practices year after year. Holiday Inn Resort Kandooma Maldives remains committed to advancing responsible tourism, encouraging guests to make sustainable choices, and contributing positively to the protection of the Maldives’ natural and cultural heritage.
Featured
Reflect, renew, explore: Angsana Velavaru unveils its 2026 offerings
The beginning of a new year offers a natural pause for reflection and intention. At Angsana Velavaru, this transition is marked not by haste, but by experiences that honour time, place, and the quiet beauty of island life.
Situated within a wide private lagoon in the South Nilandhe Atoll, Angsana Velavaru is known for its sense of space, calm, and considered hospitality. As 2026 begins, the resort invites guests to welcome the year through its 101 Things to Do, a curated collection of experiences that emphasise exploration, connection, and balance.
Each activity is created to mirror the rhythm of the island. Mornings may open with gentle movement beside the sea or peaceful moments as the horizon brightens. The lagoon presents opportunities for discovery, from snorkelling and diving among coral reefs to leisurely cruises that reveal the Maldives in its most elemental form. Evenings unfold at a slower pace, shaped by unhurried conversations and lingering sunsets.
Wellbeing remains central to the Angsana Velavaru offering. At Angsana Spa, restorative treatments draw upon long-standing Asian traditions, delivering an approach to renewal that extends beyond the spa experience. Elsewhere, wellness is expressed through mindful movement, expansive open-air spaces, and the freedom to slow down, enabling guests to reconnect with themselves and the natural surroundings.
Accommodation at the resort reflects thoughtful design and a deep connection with nature. Beachfront villas provide immediate access to white sands and sheltered garden spaces, while the distinctive InOcean Pool Villas offer an elevated sense of privacy and perspective. These overwater residences feature infinity pools that blend seamlessly with the horizon and double-storey layouts crowned with rooftop terraces, providing uninterrupted views of the ocean, sky, and shifting light.
Culinary experiences form an integral part of the stay. With offerings ranging from Maldivian cuisine to Indian, Pan-Asian, and international dishes, dining at Angsana Velavaru highlights both variety and careful preparation. Flexible all-inclusive options and curated leisure programmes allow guests to shape their experience according to their personal pace.
At its core, the 101 Things to Do serve as a celebration of meaningful travel. They encourage guests to engage deeply, appreciate moments both modest and significant, and begin the year with a sense of clarity and renewed purpose.
Featured
Music and mindful movement anchor new season at The Ritz-Carlton Maldives, Fari Islands
The Ritz-Carlton Maldives, Fari Islands has launched its 2026 Masters of Crafts season with a sound-and-motion duo featuring singer-songwriter Madison McFerrin and movement therapist Jacy Cunningham, Founder of the Jacy Method. Their joint residency will take place from 19 to 26 January, opening the resort’s annual programme that highlights distinguished talent across diverse creative and wellness disciplines. This edition is set to offer guests a blend of transformative fitness experiences and intimate musical performances.
Los Angeles-based singer-songwriter Madison McFerrin brings her genre-blending sound to the Maldives, weaving neo-soul, R&B, and jazz-inspired harmonies into a personal and expressive musical journey. She will perform at a sunset concert at the Beach Shack on 22 January, followed by a candlelit performance under the stars at Mystique Garden on 23 January. Her residency will conclude with a Morning Coffee Session at The Ritz-Carlton Estate on 25 January, where the poolside deck of the four-bedroom beach residence will provide an elegant setting for a calm and uplifting start to the day.
Movement therapist Jacy Cunningham returns to the resort for his second Masters of Crafts appearance. He will lead four HIIT classes inspired by athletic conditioning, functional movement, and mindful breathwork. Designed to suit all fitness levels, the sessions aim to energise the body, restore balance, and strengthen the connection between mind and movement. The programme begins on 22 January with Resilience and Flow, a sunrise HIIT session on Recreation Beach. On 23 January, guests can join Igniting Inner Strength at Mystique Garden, followed by Lightness and Freedom on 24 January in the natural surroundings of Uthuru Garden. The series concludes on 25 January with Stability and Strength, a HIIT fusion class held within The Ritz-Carlton Spa.
Oscar Postma, General Manager of The Ritz-Carlton Maldives, Fari Islands, stated: “We are delighted to welcome Madison McFerrin and to welcome back Jacy Cunningham to our Masters of Crafts programme. Their commitment to artistic expression, movement, and wellbeing provides guests with a rare chance to connect meaningfully with both craft and nature.”
Set against the tranquil landscape of the North Malé Atoll, the residency invites guests on a sensory journey shaped by music, movement, and the surrounding natural environment. It offers an opportunity to depart feeling both renewed and inspired, with lasting impressions of experiences rooted in harmony with the Maldives.
-
News1 week agoCinnamon Hotels & Resorts Maldives wraps Christmas celebrations, prepares NY 2026 line-up
-
News1 week agoFour Centara resorts in Maldives target school-holiday travellers with extended-stay offers
-
News1 week agoKuda Villingili Resort Maldives marks Year of the Horse with four-day Lunar New Year programme
-
News1 week agoHoliday Inn Resort Kandooma Maldives unveils week-long Orthodox Christmas celebrations
-
News5 days agoInterContinental Maldives Maamunagau rings in 2026 with ocean-inspired festive programme
-
Drink5 days agoHuvafen Maldives hosts exclusive Riedel Wine experience led by Maximilian J. Riedel
-
News6 days agoSun Siyam Olhuveli marks end of 2025 with sustainability-led programmes
-
News6 days agoFinolhu unveils ‘A Year in Colour’ with global artist residencies in 2026


