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Mahadhdhoo, 87-villa resort under development, up for sale again



Mahadhdhoo island in Gaafu Alif Atoll has once again been put up for sale.

Bank of Maldives (BML), which owns the uninhabited island on a 50-year lease expiring in 2056, has retained JLL Hotels and Hospitality to seek buyers for Mahadhdhoo.

In an announcement, JLL said on Tuesday that it is seeking offers in excess of USD 300,000 to complete the development of the island as an 87-villa resort as planned, and operate the hideaway property based on their specific brand strategy and operational requirements. An incoming purchaser will also have the option to explore attractive financing terms that could be considered by BML, it added.

JLL will accept expression of interest for the island before May 18. Interested parties have been asked to contact Nihat Ercan (+65 6494 3933 / or Irina Chadsey (+65 6494 3906 /

Nihat Ercan, Executive Vice President for Asia Pacific at JLL, was quoted in the statement as saying, “Mahadhdhoo island represents an exceptional opportunity for an investor to acquire a partially-built Maldivian resort at a price point well-below replacement cost. The Maldives remains a global gateway resort destination and is top of the list for buyers from Asia Pacific and the Middle East.”

Nestled within the pristine waters of the southern Gaafu Alif Atoll, Mahadhdhoo is accessible via a 45-minute flight from the Maldives’ main Velana International Airport to the domestic Kooddoo Airport in the atoll, followed by a 20-minute speedboat journey. Occupying a land area of approximately 119,000 square metres, Mahadhdhoo is one of 82 islands that form the Gaafu Alif Atoll, home to some of the most recognisable luxury and upscale resorts in the country.

Mahadhdhoo was initially put up for sale in August 2015. However, the process later came to a halt due to undisclosed reasons.

JLL is a leading financial and professional services firm that specialises in commercial real estate services and investment management. The firm has sold nine resorts in the Maldives since 2012, including the Konotta Island Resort to the Hawaii-based Outrigger Enterprises Group, Zitahli Kuda-Funafaru Resort and Spa to Singapore-based Roxy-Pacific Holdings Limited, Kodhipparu Island Resort to a joint venture between Singapore-based Park Hotel Group and Chip Eng Seng Corporation Ltd and Reethi Beach Resort to SC Capital Partners Group.

Main photo courtesy: Matthew Meier


Maldives celebrates arrival of 2024’s 1 millionth tourist



Maldives on Thursday welcomed the one millionth tourist to visit this year.

The one millionth tourist is a Thai named Sutapa Amonwivat, who arrived from Singapore with her husband and two children. This is her second visit to Maldives.

Maldives Marketing and Public Relations Corporation (MMPRC) and the Ministry of Tourism gave a warm welcome to Sutapa at the Velana International Airport (VIA) Thursday afternoon. She was welcomed at the VIA by tourism minister Ibrahim Faisal, MMPRC Managing Director Ibrahim Shiury and senior officials of various relevant agencies.

After welcoming her with traditional offerings, she was presented with various gifts by the ministry, MMPRC, customs, immigration, Maldives Association of Travel Agents and Tour Operators (MATATO) and Trans Maldivian Airways (TMA).

Maldives reached one million tourists in June, three weeks earlier than last year. The number of tourists reached one million on July 16, 2023.

Maldives expects to reach 2 million tourists this year.

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New air route connects Chongqing to Maldives



Chongqing Airlines on Monday began its inaugural flights to Maldives.

The Chongqing-Male route, scheduled three times a week, is expected to strengthen the bonds between China and the Maldives, opening up exciting new opportunities for tourism and cultural exchange.

The inaugural flight was welcomed upon its arrival at Velana International Airport (VIA) in Maldives, where local officials and tourism representatives expressed their enthusiasm for this new development.

“We warmly welcome our friends from China to our beautiful islands. This new connection strengthens our bonds and opens up new opportunities for tourism,” the tourism ministry said on X.

Maldives currently welcomes four airlines from China, including China Eastern, Beijing Capital Airlines, Xiamen Airlines.

In January, Maldives government urged tourism stakeholders in both Maldives and China to ramp up efforts to restore China’s position as the primary source market for Maldives tourism, a status held before the onset of Covid-19.

China, being the largest source market for Maldives tourism before the pandemic, saw a resumption of tourist arrivals from January 2023 after a three-year hiatus due to the pandemic. In 2023, the Maldives welcomed 187,118 Chinese tourists, marking a significant recovery in numbers. This year, the Maldives has welcomed the most number of tourists from China, with over 107,940 or 11.5 percent of total arrivals by June 12. 

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CROSSROADS Maldives Introduces Weixin Pay at resorts for seamless guest experience



CROSSROADS Maldives has introduced WeChat Pay, widely known as Weixin Pay in China, across its world-class resorts, SAii Lagoon Maldives, Curio Collection by Hilton, and Hard Rock Hotel Maldives. This payment option is made available to enhance the convenience and overall experience for guests from China, making their stay in the Maldives more enjoyable and hassle-free.

Understanding the needs of the diverse guests, CROSSROADS Maldives has integrated WeChat Pay into operations, allowing guests from China to easily and securely conduct transactions using a payment method familiar to them. The introduction of WeChat Pay is a testament to CROSSROADS Maldives’ dedication to enhancing guest satisfaction by offering exceptional experiences at every turn. What is also expected through this initiative is that the guests could benefit from better foreign exchange rates, translating to better savings on their expenditures during their stay.

The option is available for guests in-house conveniently at both resorts as well as across the Marina at CROSSROADS Maldives where a wider variety of unparalleled dining and retail experiences are available for all guests. The day visitors from China will also therefore equally benefit from this new introduction at the Maldives’ premier multi-island integrated leisure destination.

SAii Lagoon Maldives, Curio Collection by Hilton, is a vibrant tropical escape that offers unique and locally inspired experiences. The resort features spacious rooms and villas, a variety of dining options, and an array of recreational activities designed to cater to the desires of modern travellers. Guests can escape to the island’s SAiisational natural beauty, enjoy water sports, and indulge in spa treatments, all while relishing the personalised service that defines Hilton’s Curio Collection.

Hard Rock Hotel Maldives brings the iconic Hard Rock spirit to the tranquil shores of the Maldives. This family-friendly resort offers a perfect blend of relaxation and entertainment, featuring music-inspired experiences, live performances, and the brand’s signature amenities. With luxurious accommodations, diverse dining options, and a plethora of activities for all ages, Hard Rock Hotel Maldives ensures an unforgettable holiday experience for every guest.

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