The Standard, Huruvalhi Maldives sold; management to remain under Hyatt
JLL’s Hotels & Hospitality has announced the successful sale of The Standard, Huruvalhi Maldives, marking another significant milestone in the Maldivian resort sector. The resort was owned by renowned Maldivian businessman Amir Mansoor. However, the buyer’s details remain unknown. Originally launched as the first island retreat under The Standard Hotels’ portfolio, The Standard, Huruvalhi Maldives […]
Minor acquires Amari Havodda Maldives, to reopen under NH Hotels brand
Minor International, a leading global hospitality and lifestyle conglomerate, and its financial partner Abu Dhabi Fund for Development (ADFD) has acquired Amari Havodda Maldives, with plans to reopen the resort under its NH Hotels brand. JLL’s Hotels & Hospitality Group advised Crystal Plaza Resorts on the sale to the Minor International and ADFD consortium, marking […]
Trophy assets drive investment activity in Asia Pacific in 2015, say JLL
The number of trophy hotel assets changing hands in Asia Pacific has surged in 2015, according to JLL’s Hotels & Hospitality Group.
