Hayleys agrees $17.25m sale of Maldives resort assets linked to NH Maldives Kuda Rah
Sri Lanka’s Hayleys PLC has entered into an asset purchase agreement to dispose of its Maldives resort assets linked to NH Maldives Kuda Rah Resort for USD 17.25 million, equivalent to approximately MVR 266 million. According to Hayleys’ latest financial statements, the agreement was signed on 16 May 2026 with Bohemia Luxury Resort (Pvt) Ltd. […]
JLL presents Konotta Island for acquisition
JLL’s Hotels & Hospitality Group has announced it is exclusively presenting the Konotta Island resort for acquisition. The property, located in the Gaafu Dhaalu Atoll, is being offered with vacant possession, providing the new owner with the flexibility for rebranding and new management. The resort comprises 31 beachfront villas and 22 overwater villas, in addition […]
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.
