Minor International, a leading global hospitality and lifestyle conglomerate, and its financial partner Abu Dhabi Fund for Development (ADFD) has acquired Amari Havodda Maldives, with plans to reopen the resort under its NH Hotels brand.
JLL’s Hotels & Hospitality Group advised Crystal Plaza Resorts on the sale to the Minor International and ADFD consortium, marking it the first hotel sale in the Maldives for 2023.
Amari Havodda Maldives is located in Gaafu Dhaalu Atoll in the southern region of the archipelago and is accessible via a 55-minute flight from Velana International Airport to Kaadhedhoo Domestic Airport. The resort provides guests with 120 well-appointed villas as well as one of the largest infinity pools in the Maldives, complemented by architectural detailing and interiors by French designer Isabelle Miaja.
“The long-term confidence in the Maldives hotels space has again been reinforced through this groundbreaking transaction, which was successfully completed amidst a backdrop of ongoing macroeconomic headwinds and rising rates. Investor interest in this unique asset was exceptional, demonstrating that a broad cross-section of capital from Asia Pacific to the Middle East will continue to seek opportunities in one of the world’s most attractive hospitality markets. We are delighted to have advised on the first Maldives hotel transaction of 2023 and further solidified our standing as investors’ unrivalled choice of investment advisory in the Indian Ocean and beyond,” says Nihat Ercan, Chief Executive Officer, Asia Pacific, JLL Hotels & Hospitality Group.
The Amari Havodda will be integrated into Minor International’s existing portfolio of six properties in the Maldives. Furthermore, the Thailand-based conglomerate will be rebranding this asset into an NH collection hotel, a well-established hospitality brand in Europe and the Americas. The rebranded Amari Havodda will serve as the first NH collection property in the Indian Ocean and Asia.
“This transaction highlights strong investor appetite for quality and established resorts with healthy cashflow as well as additional value add angles. Furthermore, the strategic investment by ADFD in this highly sought asset reinforces the Maldives’ position as a major capital destination for the world’s most active institutional investors,” says Julien Naouri, Senior Vice President, Investment Sales Asia, JLL Hotels & Hospitality Group.
According to the Maldives’ Ministry of Tourism, the country now operates over registered 160 resorts with approximately 40,000 beds, and 12 hotels with more than 1,500 beds operating as of December 2022. Approximately 1,450 new rooms are expected to open between 2023 and 2025, mainly in the midscale segment. On the luxury segment, notable upcoming openings include the Six Senses Kanuhura, Capella Maldives and Bulgari Resort Ranfushi.
“The Maldives has remained a resilient destination that has offset a pandemic-induced slump with a strong recovery in international visitor arrivals. The country’s hospitality sector continues to fire on all cylinders with visitor arrivals on par with 2019 levels, further cementing the island nation’s position as a global gateway resort destination,” says Isabel Wong, Senior Associate, Investment Sales Asia, JLL Hotels & Hospitality Group.
Brand new all-beach, all-sunset, all-inclusive resort in Raa Atoll celebrates opening with ribbon-cutting ceremony
Independent new premium all-inclusive resort announces first and only permanent skydiving dropzone in the Maldives and sunsets for all
The Maldives’ most well-kept surprise opening, Ifuru Island Maldives, celebrated its official unboxing on 23 September 2023 with a special ribbon-cutting ceremony attended by the owners, the All-Star team and the very excited first official guests.
A lush natural island boasting a 1 km long stretch of white sandy beach with spectacular sunset views, the Ifuru island concept brings unique and engaging experiences for guests seeking social connections and everything Maldives in one place.
‘Island Vibe Boss’, Rochelle Kilgariff, commented: “Surprise! We’re absolutely thrilled to celebrate the resort’s opening and start sharing the fun and magic experiences of our island with guests. We are all-beach, all-sunset and all-inclusive, and everything we do is about creating a playful and social atmosphere for all – from being home to the Maldives’ first ever permanent skydive dropzone to our Xanadu spa, extensive dining offerings and exceptional experiences.”
Located in the stunning Raa Atoll, this luxury premium all-inclusive resort offers 147 elegant beach suites and villas, including those with direct beach access and personal pools. Designed as a series of ‘Retreats’ and ‘Villages’, accommodation is arranged in a series of small coteries that seamlessly balance sociability and seclusion, making Ifuru Island an ideal destination for multigenerational escapes and celebratory gatherings.
Six restaurants and four bars create a culinary journey for guests to indulge in the resort’s 24-hour, premium all-inclusive, dine-around experience and savour carefully crafted fusions of local Maldivian ingredients and international flavours.
Committed to creating ever-lasting, magical memories, Ifuru Island offers a wealth of experiences and activities to suit every guest. From skydiving over the Indian Ocean, diving with sharks and surfing the waves, to Xanadu Spa treatments, dolphin watching, island hopping, cultural immersions and extensive sports facilities – both on-land and on the waves.
Younger guests are kept entertained too as they let their imaginations soar and immerse themselves in the wonders of the Maldives at the Coconut Kids Club and Little Explorers Club.
To make the most of its private airport and elevate exhilarating activities even further, Ifuru Island has collaborated with 21k-jump World Champion skydiver Will Penny to create the Maldives’ first permanent skydiving dropzone.
Rochelle Kilgariff, continues, “We’re truly committed to infusing magic into every moment of a guest’s stay with us. By transcending expectations, elevating the beauty of the island and delivering warm hospitality always, we want to create an infinite range of possibilities for guests to discover their own perfect escape, even the perfect day wedding day as a gift from us”
To celebrate launch, guests can save 50 percent on stays before 23 December 2023
Ifuru Island Maldives is offering 50 percent off stays until 23 December 2023*. Sunset Sky Suites, inclusive of the Exclusively Yours all-inclusive 24-hour meal plan, are from USD 539 (approx. GBP 432 and inclusive of 50 percent saving), based on two people sharing.
Soneva Namoona holds Leaders of the Ocean Camp for Youth
Soneva Namoona in collaboration with Maldives Swimming and Life Saving Skills Training School held a ten day Leaders of the Ocean amp in Baa. Kihaadhoo, aimed towards training swimming instructors and empowering ocean stewards.
The camp saw 18 participants from 11 islands from Noonu (Holhudhoo, Magoodhoo, Maafaru, Kudafari), Baa (Kendhoo, Kamadhoo, Kudarikilu, Kihaadhoo, Dharavandhoo and Maalhos) and Haa Dhaalu (Makunudhoo), and provided the opportunity to earn a National Level 2 Swimming and Water Aerobics Instructor License.
The Leaders of the Ocean Camp curriculum blended experiential learning with a strong focus on leadership development. Participants engaged in a wide range of activities ranging from leadership workshops, zero waste education, survival skills training, fire awareness, water aerobics and program development.
Participants were provided the opportunity to take the required exams for the Swimming and Water Aerobics license at the camp, and will be completing 45 experience hours upon returning to their islands in order to receive their certification
The Leaders of the Ocean Camp is the latest of Soneva Namoona led programs in local islands geared towards building technical capacity and instilling ocean stewardship in young individuals. Over the past two years, 700 young people have improved their water confidence with the help of 22 Swimming and Water Rescue Instructors trained through this programme.
“Being a part of the Leaders of the Ocean Camp has been an incredible journey. It’s not just about learning ocean skills; it’s also about forming connections and gaining a deeper understanding of our environment. This experience has ignited a sense of responsibility and leadership within me, and I’m excited to take back what I’ve learned to my island and nurture responsible oceangoing in my community” said participant Ali Najih, 23, from B.Kihaadhoo.
“We are immensely proud to witness the personal growth from all the participants of the Leaders of the Ocean Camp. We believe that the knowledge and values imparted during this camp will contribute to a greener and a more sustainable future for our island communities,” said Azhoora Ahmed, Soneva Namoona INSPIRE Manager.
Soneva Namoona is a Non-Governmental Organization (NGO), that pioneers innovations to create empowered zero waste communities in the Maldives, centred around the three pillars of Reduce, Recycle, Inspire. Since the original pilot of three local islands in 2019, the number of Namoona islands has increased to 21 across Baa, Noonu and Haa Dhaalu Atoll. Soneva Namoona strives to create community-specific solutions to complex issues like waste management in close partnership with island communities.
Get ready for spine-tingling adventure: Kuramathi Maldives’ Spook-tacular Halloween extravaganza
This Halloween, Bageecha Kids Club at Kuramathi Maldives is pulling out all the stops to make sure your family’s holiday is filled with thrills, chills, and endless fun. From October 25th to November 1st, guests of all ages are invited to join the resort team for an unforgettable Halloween experience like never before.
Kuramathi’s Spook-tacular Halloween programme promises a bewitching blend of delicious treats, spine-tingling scares, and an array of exciting activities. The Bageecha Kids Club will be transformed into a Halloween wonderland, complete with imaginative decorations and engaging activities specially designed for the young guests.
Kuramathi believes Halloween should be a celebration of joy, togetherness, and delightful surprises. So, pack your costumes, gather your family, and join the resort team for a Halloween like no other.
Kuramathi Maldives is one of the first properties to open in this archipelago nation. As part of Universal Resorts, a 100% Maldivian-owned company and the pioneers of tourism in the Maldives, Kuramathi Maldives embodies the country’s unique culture and heritage.
Situated in Rasdhoo Atoll archipelago, Kuramathi Maldives is 1.8 km in length and tapers to a pristine stretch of white sandbank, lending a dramatic quality to the idyllic surroundings of turquoise lagoons, tropical jungle and flora. Catering to all budgets, 12 distinct choices of villas are on offer, ranging from the individual Beach Villas to the idyllic Water Villas with Pool. Dining options are diverse with many restaurants, bars and great-value all-inclusive packages, topped off with Maldivian service – welcoming, genuine and friendly. There is something for everyone on this paradisiacal haven that embodies the Maldives in a natural setting.
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