Asia Prestige Management (APM) to invest in Maldives Resort

After securing Ranveli Island Resort in December 2017, Asia Prestige Management (APM) is rebranding the resort as Zazz Island Resort. The acquisition is part of APM’s strategy to expand into key Asian markets and to strengthen the presence of their brand, Zazz.

Located in South Ari Atoll and just 25 minutes away from Velana International Airport by seaplane, Ranveli is in the proximity of a marine wildlife protected area where whale sharks can be spotted throughout the year. South Ari Atoll offers some of the world’s finest diving sites.

Hong Kong-based APM will partner with Unicorn Hotels & Resorts to manage the 100 villas resort which is scheduled to open in 2019. Unicorn Hotels & Resorts is an innovative hospitality management company based in Bangkok and specializes in hotel management and offers a comprehensive range of management, operational, technical and development consulting services for hotels, restaurants, bars, clubs and more.

Besides the Ranveli project, APM manages Zazz Urban Thailand, Zazz Urban Vietnam and Treasure Oasis Hotel Cambodia.