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 […]
Asia Pacific hotel transaction volume for 2016 projected at USD 8.5 billion
2015 marked the second highest year on record for hotel transactions, with an enormous 50 per cent growth on the previous year, JLL Hotels and Hospitality Group has said.
