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. […]
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 […]
Sales “steps” and “funnels” are so 1990s; Here’s what it takes for hotel sales success in 2019
While the hotel sales environment has completely transformed, hotel sales training models seem to be stuck in the 1990s. When I meet hotel leaders at industry conferences it seems most recognise the profound changes such as the emergence of third-party planners and the migration to online RFP tools (CVENT, CVB Platforms and social sites such […]
