HVS Asia Pacific Hospitality Newsletter - Week Ending 7 May 2021
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Kanuhura Maldives Resort to
Leisure Oceans Private Limited, a subsidiary of the Singapore-based
Hotel Properties Limited ("HPL"). The transaction marks the end of Sun Resorts' operation in the Maldives. Sun Resorts believes that the strategic transaction will allow them to focus and develop their core market - Mauritius. The
80-key Kanuhura Maldives is located
35-minute away from the
Male airport by seaplane. After the completion of the
multi-million refurbishment project in 2017, the property sees great opportunity with the potential to expand its capacity and the forthcoming completion of the nearby