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Transaction volume in Asia Pacific hotel investment market falls 18% in 2014
In its ‘Asia Pacific Hotel Investment Highlights H2 2014’ report released this week, the Singapore-based investment advisory firm revealed that sales activity in the region fell to US$7.5 billion in 2014 from US$9.2 billion in 2013.
OZEN LIFE MAADHOO recognised as Maldives’ leading romantic resort
OZEN LIFE MAADHOO, an ultra-luxe private island retreat renowned for its romantic ambiance, has secured the title of ‘Best Romantic Resort in the Maldives’ at the esteemed Travel Time Awards in Russia. This prestigious award underscores the resort’s dedication to curating unforgettable experiences for couples seeking the ultimate romantic escape. Organised by the publishers of […]
China overtakes Germany as Maldives’ fourth-largest tourism market
China has emerged as a dominant force in the Maldives’ tourism industry, surpassing Germany to secure its position as the fourth-largest tourism market for the exotic archipelago. According to official data released by the Maldives’ Ministry of Tourism, a total of 67,822 Chinese tourists have visited the Maldives so far this year. This surge in […]