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Estithmar Holding to develop new Rosewood Hotels-branded ultra-luxury resort in Maldives

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Estithmar Holding, the Qatari investment company known for its commitment to excellence, is embarking on an exciting new project to develop one of the world’s most luxurious resorts in the Maldives.

The new resort, which is scheduled to open in Q1 2025, will be managed by Rosewood Hotels & Resorts, the ultra-luxury global hospitality brand, and developed by Estithmar Holding’s subsidiary, Royal Resorts. The Rosewood property is set to be an architectural masterpiece, featuring approximately 120 independent beach and overwater villas, one- to five-bedroom villas, all with private pools and a select number located on private islands. This project represents the epitome of luxury and sophistication and will undoubtedly become one of the most sought-after destinations for discerning travellers from around the globe. The total investment is $343 million.

The centre of the resort will host several specialty world-renowned restaurants, a wellness facility, a beach club, and several amenities that are guaranteed to give guests an unforgettable experience. With a focus on experiential luxury, the Rosewood resort in the is set to provide guests with a distinctive and unparalleled experience.

The Maldives has long been regarded as one of the world’s top tourist destinations, with high occupancy sustained throughout the year. The rates of return on investment in the tourism field in the Maldives are among the highest in the world, making it an ideal location for investors seeking to make a substantial return on investment.

Estithmar Holding has a proven track record in the tourism sector in Qatar, including Al Maha Island in Lusail, Maysan Resort in Aspire, and Katara Hills Resort in Katara. This latest investment in the Maldives is a testament to the company’s commitment to developing world-class tourism destinations.

Commenting on the investment, Chairman of Estithmar Holding, Moutaz Al Khayyat, said: “The investment opportunities in the Maldives are highly flexible, and the investment environment is encouraging and plays an active role in stimulating the global private sector to innovate a number of projects that enhance tourism and entertainment programs.”

“The Maldives is an ideal location for a Rosewood property, and we are looking forward to bringing our A Sense of Place philosophy to life in this incredible destination,” said Radha Arora, President of Rosewood Hotels & Resorts.

“We are pleased to partner with Estithmar holdings on this ambitious project, which is sure to raise the bar for ultra-luxury experiences in the Maldives.”

The Rosewood resort in the Maldives is set to become the ultimate destination for luxury travelers, combining the unparalleled experience of Rosewood and its expertise in operating more than 30 hotels in 16 countries around the world. Guests are sure to be left in awe of the stunning architecture, breathtaking views, and exceptional service that this resort will offer.

Excursions

Holiday Inn Resort Kandooma Maldives reports rare whale shark encounter

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Divers from Holiday Inn Resort Kandooma Maldives recorded a whale shark sighting last month during a dive at Kandooma Thila in South Malé Atoll.

The encounter took place on 13 April during a guided dive led by Dive Centre Manager Ibrahim Shaan. The whale shark, estimated to be approximately six metres in length, is believed to be a juvenile aged between eight and 15 years. The animal remained in the vicinity of the divers for more than 30 minutes before leaving the area.

Shaan said the whale shark entered the dive site calmly, circled alongside the group and remained present for an extended period. He described the encounter as one of the most notable experiences observed at the site.

Whale shark sightings are considered uncommon in South Malé Atoll, where the species is not typically resident. They are more frequently associated with the South Ari Atoll Marine Protected Area, one of the primary aggregation areas for whale sharks in the country.

The Maldives is regarded as a key destination for whale shark encounters due to environmental conditions including warm waters, nutrient-rich currents and seasonal plankton blooms. Whale sharks are filter feeders and migrate across large distances, often following food sources.

The sighting at Kandooma Thila is understood to be linked to broader migratory movement through the atoll system, with the animal potentially following plankton concentrations or feeding opportunities created by ocean currents.

Kandooma Thila is known for its coral-covered structure, current-driven conditions and marine biodiversity, factors which may attract larger pelagic species on a temporary basis.

Following the sighting, the resort has submitted photographs and video footage to the Maldives Whale Shark Research Programme (MWSRP) for potential identification through its national database. Whale sharks can be identified through unique spot patterns located behind the gills and along their flanks.

The MWSRP’s Big Fish Network database has recorded more than 800 individual whale sharks in the Maldives, contributing to long-term research on migration patterns, population dynamics and species health.

Sharon Garrett, Director of Marketing and Sustainability at the resort, said the data collected would support ongoing research and conservation efforts. She noted that such information contributes to understanding seasonal movement patterns, assessing environmental conditions and informing marine protection measures.

The resort has also reiterated the importance of responsible interaction with marine wildlife. Recommended practices include maintaining distance, avoiding physical contact, refraining from flash photography and ensuring appropriate buoyancy control.

Boat strike incidents remain a recognised threat to whale sharks in Maldivian waters, highlighting the need for careful vessel operation in areas where marine life is present.

Holiday Inn Resort Kandooma Maldives is located approximately 45 minutes by speedboat from Velana International Airport and provides access to multiple dive sites in South Malé Atoll. The resort also operates a Dive Free programme, offering up to two complimentary dives per day for certified divers staying a minimum of three nights.

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Celebration

Sirru Fen Fushi to host Eid al-Adha celebration from 27–29 May

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Sirru Fen Fushi – Private Lagoon Resort has announced its “Eid in Harmony” programme for Eid al-Adha, scheduled from 27 to 29 May 2026, offering guests a series of curated experiences centred on dining, cultural elements and leisure activities.

The programme is designed to provide a structured yet relaxed approach to the celebration, with a focus on shared experiences and engagement with the island environment. According to the resort, the initiative aims to bring together cultural traditions and hospitality offerings within a resort setting.

A central feature of the programme will be the Eid al-Adha Feast, a dining experience presenting a selection of dishes prepared for the occasion. The event will be set in a themed environment reflecting elements associated with Eid.

The resort will also introduce an “Eid Gift with Purpose” initiative, positioned as a gesture aligned with the values of giving and reflection associated with the occasion.

In addition, guests will have the option to participate in a Guest Archery Competition, offering a recreational activity designed to complement the island setting and provide an alternative form of engagement during the celebration period.

Alongside the programme, the resort has launched an “Eid Island Escape” offer, which includes a range of inclusions for guests staying during the period. These include a 30-minute jet lag recovery massage, daily breakfast at Raha Market, dinner on a dine-around basis across selected restaurants, and a one-time floating breakfast experience.

In a statement, the resort’s management said the programme is intended to reflect the values of togetherness and reflection associated with Eid al-Adha, while offering guests opportunities to spend time with family and participate in shared experiences.

Through the three-day programme, Sirru Fen Fushi – Private Lagoon Resort is presenting Eid al-Adha as a combination of dining, leisure and cultural activities within a resort environment.

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Reethi Faru Resort awarded Green Globe certification

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Reethi Faru Resort has received Green Globe certification, recognising its compliance with international standards for sustainable tourism.

The certification reflects the resort’s stated commitment to responsible hospitality, with a focus on environmental management, social responsibility and operational practices across the property.

Green Globe certification is awarded following an assessment based on established sustainability criteria and verified through independent third-party audits. The standard reviews performance in areas including environmental management, energy efficiency, resource conservation, community engagement and sustainable operations.

With the certification, Reethi Faru Resort joins a group of hospitality operators worldwide that have met Green Globe’s sustainability requirements and demonstrated an ongoing commitment to improvement in tourism practices.

In a statement, the management of Reethi Faru Resort said the recognition reflects the resort’s continued focus on preserving the natural environment of the Maldives while maintaining the guest experience. The management added that sustainability forms part of the resort’s daily operations.

The Green Globe standard includes more than 40 core criteria supported by over 380 compliance indicators, providing a framework for assessing sustainability performance in the hospitality sector.

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