Thirayuth Chirathivat, Chief Executive Officer of Centara Hotels and Resorts (3rd left) exchanges contract with Mohamed Hameed, Director of Muthaafushi Orient Investments Limited.
Centara Hotels & Resorts has signed a management contract with Muthaafushi Orient Investments Ltd and Well Land Investment PVT Ltd to manage a hotel in the Maldives.
Centara Grand Muthaafushi Resort & Spa Maldives will be the fourth resort under the Centara umbrella in the South Asian island state. The resort is expected to have a soft opening in the fourth quarter of 2018 and a grand opening in 2019.
The five-star resort, located southwest of Baa Atoll, will comprise 24 land villas and 77 water villas with an array of international restaurants including an underwater restaurant, a floating cinema, a dedicated Thai spa, a fitness centre, among other facilities.
Thirayuth Chirathivat, chief executive of Centara Hotels & Resorts, said the business expansion in the Maldives is in line with the company's growth strategy to strengthen its presence both in the South Asian region and internationally.
Avista Asset Management has been appointed as the development and asset manager for this hotel.
No comments:
Post a Comment