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Universal Resorts transforms into VERSA, unveiling NIVA as cornerstone of international growth strategy

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Universal Enterprises, parent company of Universal Resorts, which pioneered Maldivian hospitality over 50 years ago, on Monday announced the rebranding of its hotel management arm to VERSA Hospitality and simultaneously launched its new hospitality lifestyle brand, NIVA Hotels & Resorts.

This strategic shift transforms the independent family business from a respected and largely B2B-focused resort owner and operator into a globally recognised, consumer-centric hospitality brand designed for future growth into international markets.

Ahmed Umar Maniku, Managing Director of Universal Enterprises, said: “For over five decades, we’ve operated our iconic Maldives resorts very successfully and worked closely with our tour operating partners, pioneering the very concept of Maldivian resort life. We had a bold vision to share this extraordinary destination with the world, starting with the opening of Kurumba, the first resort in the Maldives, in 1972, and going on to create world-renowned resorts such as Baros, Kuramathi, Huvafen Fushi, Velassaru, Milaidhoo and Labriz. Now, as the global travel landscape evolves, it’s time for the group to step out, building brand recognition with our guests, partners and the wider industry. VERSA isn’t merely a new name; it’s a strategic repositioning to unlock the full potential of our resort portfolio and position the company for our future growth ambitions.”

This announcement coincides with the appointment of Visha Mahir, a second-generation member of the founding family and board director of Universal Enterprises, as Chief Executive Officer of VERSA Hospitality. Visha has held a number of senior leadership positions within Universal Enterprises for the past two decades, most recently as Chief Operating Officer of Universal Resorts.

Visha Mahir, CEO of VERSA, added: “It’s a privilege and genuine honour to step into this role and lead our family business into this new chapter. Our story is woven into the very fabric of this island nation. Yes, we’re recognised as innovators in Maldivian luxury hospitality, but more importantly, we’ve built our reputation on authenticity and a deep connection to our home. Our aim at VERSA is to respect that precious past, ensuring that as we expand, our heritage and heartfelt service remain at the core of everything we do.”

NIVA: the cornerstone of VERSA’s new growth strategy

The creation of NIVA is central to the group’s transformation. As the new lifestyle-led hospitality brand, NIVA is positioned to be the company’s key vehicle for growth and market relevance.

Coined from the words ‘nourish’ and ‘viva’, NIVA reflects a new era of travel where emotional fulfilment takes precedence over status. It speaks to a new generation of travellers seeking genuine, unforced experiences, where the freedom to simply be nourishes life.

NIVA will unite six of Universal’s Indian Ocean properties, including the historic Kurumba in the Maldives and new destinations in the Seychelles, under one philosophy: to bring lightness back to travel. Rather than chasing curated perfection, NIVA will create spaces that allow for unplanned, unforced and unforgettable moments.

“The launch of NIVA is crucial to our evolution. It provides the common thread that links our key properties, ensuring that no matter the location, our guests instantly recognise our core values and feel confident in the consistent level of warm and authentic service they can expect. The creation of NIVA will help us scale our unique philosophy into new markets and the brand will be the engine of our international expansion strategy,” added Mahir.

The VERSA portfolio and vision

VERSA Hospitality is at the helm of the new structure, guiding the group’s direction and ambitions. The name, drawn from the word Universal, symbolises evolution: the ability to reveal new dimensions of destinations and chart a new course with a sense of timeless quality, while remaining firmly rooted in the company’s rich heritage.

The VERSA portfolio will be defined by two distinct yet complementary divisions: NIVA, a lifestyle-led hospitality brand, and a collection of iconic standalone destinations.

NIVA Hotels & Resorts

A new lifestyle-led brand, focused on giving guests cohesive, effortless and authentic experiences, will start with a portfolio of six resorts in the Maldives and Seychelles:

  • Niva Kurumba (Maldives)
  • Niva Velassaru (Maldives)
  • Niva Kuramathi (Maldives)
  • Niva Dhigali (Maldives)
  • Niva Labriz (Seychelles)
  • Niva Aria (Seychelles) – opening in 2026

THE VERSA COLLECTION – Unique and independent properties

This is a collection of distinct and acclaimed standalone destinations that Versa continues to curate, celebrating their individual characters and histories. The collection includes iconic Maldives resorts such as Baros, Milaidhoo, Huvafen Fushi and Kandolhu, and over time will expand to include more properties worldwide.

“When we created the business, it was never just about resorts; it was always about places: what they could become and what they could mean to someone,” said Mahir.

“The name VERSA captures this idea of transformation: islands became destinations, journeys became memories and moments became part of someone’s story. From the Maldives to the wider world, Versa will continue to reveal the true character of every place in our care, sharing it with the generosity that defines our hospitality.”

Awards

The Halcyon Private Isles Maldives wins Best Water Villa Resort at TTM Awards 2026

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The Halcyon Private Isles Maldives, Autograph Collection has been awarded Best Water Villa Resort in the Maldives at the Travel Trade Maldives (TTM) Awards 2026, recognising the spacious design, privacy, and craftsmanship of its overwater villas.

The honour was presented at the TTM Awards & Gala 2026, held on 27 August at CROSSROADS Maldives — an evening dedicated to celebrating excellence across the Maldivian hospitality industry.

Located in the Gaafu Alifu Atoll, in the country’s south, The Halcyon Maldives is the first Autograph Collection property to open in the country. Its overwater villas—among the most spacious and private in the archipelago—rise from a lagoon-crafted isle in the untouched southern reaches: secluded, remote, and exactly like nothing else.

Each overwater villa is a storied haven of vintage allure and a quiet return to timeless island living — colonial-style architecture refined with contemporary comfort, shaped for a sense of belonging that feels graceful, yet entirely personal — with direct access to a vibrant house reef, rich with marine life and perfect for snorkelling.

Of the resort’s 16 overwater villas, 14 are Overwater Pool Villas and Sunset Overwater Pool Villas at 230sqm, each with a private infinity pool, accommodating up to two adults and two children, or three adults. The remaining two—the Horizon Overwater Retreat and the Sunset Overwater Retreat—extend to 300sqm apiece, also with a private infinity pool, accommodating four adults and two children, or two adults and four children.

Whether arriving as a couple, a family, a group or a discerning solo traveller, these villas offer more than accommodation—they offer sanctuary. Finely detailed, enduring, and considered, each is shaped around the comfort and natural beauty of the southern Maldives—thoughtfully designed to unwind, indulge, connect, and discover—creating Halcyon moments that stay with guests long after the tide turns.

The resort spans two private isles in a region free of boat traffic, overhead seaplanes, and cityscapes: one, naturally formed, home to the island villas; the other, a tranquil enclave above the lagoon, home to its overwater villas. Inspired by the voyages of H.C.P. Bell — the nineteenth-century British archaeologist who charted these southern waters and described them as restorative — The Halcyon Maldives brings the golden era of travel to life for the modern guest.

Across both isles, The Halcyon Maldives features 38 villas. The resort also offers three restaurants, two bars, a kids club, a spa, a marine centre, and a PADI-certified dive and watersports centre. Two vibrant house reefs surround the resort, directly accessible from the guest villas. The resort provides 24/7 Halcyon butler service, alongside an array of experiences for guests to explore, engage, and savour.

The Halcyon Maldives is reached by a 90-minute seaplane from Velana International Airport, or by a 55-minute domestic flight to GDh. Kaadedhdhoo Airport (KDM), followed by a 15-minute speedboat transfer.

For reservations or enquiries, please contact The Halcyon Maldives at ak.mlehp.reservations@marriott.com or +960 682 8800

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Awards

The Standard, Maldives wins Best Beach Resort at TTM Awards 2026

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The Standard, Maldives, by Hyatt has been awarded Best Beach Resort at the esteemed TTM Awards 2026, recognising the resort’s stunning natural shoreline and exceptional beachfront experiences, while continuing its outstanding guest satisfaction and excellence in hospitality.

Presented as part of the TTM Awards & Gala 2026 at CROSSROADS Maldives on 27 August 2026, the annual awards recognise outstanding achievements across the Maldivian hospitality industry.

Situated in the idyllic Raa Atoll, The Standard, Maldives offers a fresh perspective on lifestyle travel, seamlessly combining relaxation, adventure, and social connection. Fringed by pristine white-sand beaches, candy-blue waters, and surrounded by a thriving house reef, the resort invites guests to immerse themselves in the natural beauty of the Maldives while enjoying a dynamic and engaging island escape.

The recognition reflects the resort’s exceptional beach experience, defined by its expansive shoreline, thoughtfully designed accommodations, and diverse range of ocean-inspired activities. From discovering colourful marine life just offshore and participating in a variety of water sports to unwinding by the beach or pool, guests are encouraged to experience the destination at their own pace while embracing the spirited character of The Standard brand.

“Receiving the title of Best Beach Resort at the TTM Awards 2026 is an incredible honour for all of us at The Standard, Maldives,” said Justin Swart, General Manager of The Standard, Maldives. “Our beaches are at the heart of the guest experience, providing the perfect setting for relaxation, adventure, social connection, and discovery. This recognition reflects our commitment to delivering a vibrant and inclusive island escape that stays true to The Standard’s playful spirit, while offering something for every traveller, from couples and groups of friends to families seeking meaningful moments together.”

Complementing its stunning natural surroundings, The Standard, Maldives features an array of distinctive experiences, including destination dining by the beach and Baby Island, scenic sunset cruises, wellness journeys at The Standard Spa, the resort’s overwater wellness centre, and a vibrant calendar of entertainment and recreational programming. Families are equally well catered for with dedicated children’s activities and engaging programmes designed to inspire creativity, exploration, and meaningful family connections. This unique blend of leisure, wellbeing, social experiences, and family- friendly offerings has made the resort a sought-after choice for travellers seeking an island holiday that goes beyond the ordinary.

Presented annually as part of Travel Trade Maldives (TTM), the TTM Awards celebrate excellence and innovation across the country’s tourism and hospitality sector. Being recognised as Best Beach Resort 2026 highlights The Standard, Maldives’ commitment to delivering exceptional beachfront experiences, innovative programming, and memorable stays that resonate with guests from around the world.

Since welcoming its first guests, The Standard, Maldives has earned international recognition for its distinctive approach to island hospitality, bringing together contemporary design, authentic local influences, and personalised service. This latest achievement further reinforces the resort’s reputation as one of the Maldives’ most exciting and desirable beach destinations, setting the benchmark for lifestyle-led resort experiences in the region.

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Royal Island takes Best Dive Resort honour at TTM Awards 2026

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Royal Island has been named Best Dive Resort at the TTM Awards 2026, recognising an underwater experience shaped by one of the Maldives’ richest marine environments and a dive operation built around discovery, expertise and a genuine respect for the ocean.

Set within the UNESCO Biosphere Reserve of Baa Atoll, Royal Island sits surrounded by coral gardens, channels and thilas alive with reef fish, turtles, rays and sharks. Its location places some of the atoll’s most rewarding dive sites within easy reach, while the island’s own house reef makes the underwater world feel less like an excursion and more like an extension of the resort itself.

At the centre of it all is diveOceanus, Villa Resorts’ specialist diving brand. At Royal Island, the operation is remarkably comprehensive. Complete beginners can take their first breaths underwater through Discover Scuba Diving, while certified divers can progress through PADI courses all the way to Divemaster. Dedicated programmes extend to children, advanced and Nitrox diving, refresher courses and freediving, with private instructors and private dive boats available for those wanting a more individual experience.

The facilities make it easy to build diving into the rhythm of a stay. House reef and training dives run throughout the day alongside scheduled two-tank and afternoon boat dives, with night diving available by arrangement. A full range of equipment is available, including dive computers and underwater cameras, while certified Nitrox divers receive complimentary Nitrox fills. Freedivers are equally well catered for, with dedicated courses, coaching, equipment and open-water sessions.

Beyond diving, Royal Island is exceptionally placed for some of the Maldives’ great marine encounters. Hanifaru Bay is approximately 25 minutes away, where seasonal plankton blooms bring extraordinary gatherings of manta rays and, at times, whale sharks. As the season changes, diveOceanus also operates manta snorkelling journeys into neighbouring Raa Atoll, extending opportunities for encounters across much of the year.

That access comes with responsibility. Marine conservation has long been part of diveOceanus across Villa Resorts, with coral restoration programmes established at Villa Nautica, Villa Park and Royal Island alongside reef monitoring, clean-ups and guest education. At Royal Island, the team maintains coral nurseries in the lagoon and house reef and involves guests directly in coral planting and restoration. It has also led wider reef-cleaning initiatives alongside the Baa Atoll Council and Baa Atoll Biosphere Reserve, extending that work beyond the island itself.

What sets Royal Island apart is the completeness of the experience. The house reef, the wider Baa Atoll, the expertise and facilities of diveOceanus, and the conservation work happening quietly alongside it all create something deeper than a collection of good dive sites. The Best Dive Resort title recognises an island where life below the surface has always been central to the experience.

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