Related Posts
Maldives faces $1.7b annual economic loss from 88 unfinished resorts
The Maldivian tourism industry is grappling with a substantial setback as 88 resorts designated for development remain incomplete, resulting in an annual economic loss of $1.7 billion, as per the Finance Ministry’s fiscal statement for 2024-26. Maldives, heavily reliant on tourism, considers these unfinished resorts a linchpin of its economic prosperity. However, these 88 islands, […]
KSL Capital Partners’ Acquisition of Outrigger Completed
[vc_row][vc_column][vc_column_text]The Kelley family and KSL Capital Partners, LLC (KSL) announced that an affiliate of KSL has completed the acquisition of Outrigger Hotels and Resorts (Outrigger).The sale includes all of Outrigger’s holdings, including its portfolio of 37 multi-branded hotels, condominiums and vacation resort properties throughout Hawaii and the Asia-Pacific-Indian Ocean region. Outrigger will continue operating business as usual […]
Kandima Maldives unveils destination wedding packages
[vc_row][vc_column][vc_column_text]Setting the new heights for bespoke destination weddings, Kandima Maldives has announced the launch of several packages including the ‘Oh-So Cool Weddings’, stylish wedding experiences and photography packages that encompass the signature Kandima style and playful spirit. With the newly introduced packages, couples can opt for any of the following commitment ceremony or photo packages. […]