FAM Holding Announces $218m Al Mahra Maldives Resort Project
FAM Holding Group, based in Dubai, announced plans to develop Al Mahra Maldives resort. The luxury project will receive investments of USD 217.8 million. This is the group’s first real estate expansion outside the UAE. “Through Al Mahra Maldives touristic resort project, FAM Holding Group aims to expand in the real estate investment outside the […]
Medicine Scholarship in Memory of Dr. Ibrahim Umar Maniku
The Universal Foundation has announced a special memorial scholarship opportunity for Maldivians wishing to study medicine in honour of the late Dr. Ibrahim Umar Maniku. The scholarship is open to Maldivian nationals who wish to study at any medical university in the UK, aiming to equip Maldivian doctors with specialized skill sets in areas that are […]
KPIs to Look Out For in a Hotel P&L Statement
A hotel profit and loss (P&L) statement provides an analysis of a hotel’s revenue, cost, and profit performance. It helps one understand how much bottom-line margin the property is making. Therefore, it is essential for any hotel manager to fully understand each line item of their P&L statement, and where pertinent, how to interpret the […]
Joy Island Opening 1 September 2023
The Cocoon Collection’s third property in Maldives, Joy Island, will open on September 1, 2023. The butterfly shaped island is a 40 minute speedboat ride from Velana International Airport in North Malé Atoll. The five-star resort has a contemporary design influenced by Maldivian heritage. The resort is home to 151 beach and over-water villas with […]
5-Step Plan for an Effective Hotel P&L Statement
Hotel Management isn’t merely about strategy. There are many layers, each of which requires your undivided attention. Hotel asset management, human resources, operations, budgeting, and income and cost control are but a few areas which need focus, as well as the requisite knowledge and skill. But how can you efficiently assess the business areas that […]
China Jumps to Maldives 7th Largest Source Market
China has overtaken France to become the Maldives 7th largest source market. As of April 25, 2023, the Maldives received 26,802 Chinese tourists. China currently enjoys 4.1% market share. Prior to the pandemic by the end of April, 2019, China was the Maldives’ largest source market, with 14.7% market share and 95,272 arrivals. Chinese tourists […]
New Details on Rosewood Ranfaru Resort Opening
Rosewood Hotels & Resorts is opening their first resort in Maldives, Rosewood Ranfaru, in 2027. The resort will stretch across a chain of islands in a lagoon in South Malé Atoll. The resort is a 35 minute yacht ride or 10 minute seaplane ride from Velana International Airport. Rosewood’s A Sense of Place® philosophy will […]
The Importance of Profit and Loss Statements for Independent Hotels
A hotel profit and loss (P&L) statement provides an analysis of a hotel’s revenue, cost, and profit performance. It helps one understand how much bottom-line margin the property is making. Therefore, it is essential for any hotel manager to fully understand each line item of their P&L statement, and where pertinent, how to interpret the […]
Wellness Preferences of Travelers from Across the World
Wellness travel has surged in popularity as travelers seek experiences that promote physical, mental, and emotional well-being. Maldives is an ideal wellness destination with luxurious spa retreats, outdoor yoga classes and healthy cuisine options. This article explores the unique self-care and wellness practices preferences of travelers from different countries of residence, including India, the United […]
Finolhu Baa Atoll Appoints Chef Emmanuel Soares as Culinary Director
Seaside Finolhu Baa Atoll Maldives has appointed Emmanuel Soares as the resort’s new Culinary Director. A passionate and award-winning chef, Emmanuel’s 35 years of experience in the restaurant, catering and hotel business have seen him hold prominent positions in Europe, South America, the Caribbean, North Africa, the Middle East and Asia. Born in France, Emmanuel […]
Chef of the Month: David Saria
David Saria is the head baker at Niyama Private Islands Maldives David Saria hails from Arusha, a small city in the shadow of Mount Kilimanjaro, East Africa. Growing up in a small family, his mother was always cooking and baking, surrounding David with food from an early age. This ignited a love of cookery that […]
DJ Bianca Gascoigne to Visit LUX* South Ari Atoll for Full Moon Pool Party
LUX* South Ari Atoll is hosting celebrity DJ Bianca Gascoigne on May 4-9, 2023, for extraordinary entertainment in the tropics. The UK DJ Bianca first appeared on TV screens in 2006 as a popular contestant of “Celebrity Love Island.” This started her series of television shows wins, including “Celebrity Gladiators” and “Celebrity Five Go to…” […]
