Estithmar Holding & Rosewood Hotels & Resorts to develop ultra-luxury resort oasis in Maldives

Estithmar Holding & Rosewood Hotels & Resorts to develop ultra-luxury resort oasis in Maldives

Qatar Living
By Qatar Living

Estithmar Holding, the Qatari investment company known for its commitment to excellence, is embarking on an exciting new project to develop one of the world's most luxurious resorts in the Maldives.

The new resort, which is scheduled to open, in Q1 2025 will be managed by Rosewood Hotels & Resorts, the ultra-luxury global hospitality brand, and developed by Estithmar Holding's subsidiary, Royal Resorts.  The Rosewood property is set to be an architectural masterpiece, featuring approximately 120 independent beach and overwater villas, one- to five-bedroom villas, all with private pools and a select number located on private islands. This project represents the epitome of luxury and sophistication and will undoubtedly become one of the most sought-after destinations for discerning travelers from around the globe. The total investment is 343 million dollars.

The center of the resort will host several specialty world-renowned restaurants, a wellness facility, a beach club, and several amenities that are guaranteed to give guests an unforgettable experience. With a focus on experiential luxury, the Rosewood resort in the is set to provide guests with a distinctive and unparalleled experience.

The Maldives has long been regarded as one of the world's top tourist destinations, with high occupancy sustained throughout the year. The rates of return on investment in the tourism field in the Maldives are among the highest in the world, making it an ideal location for investors seeking to make a substantial return on investment.

Estithmar Holding has a proven track record in the tourism sector in Qatar, including Al Maha Island in Lusail, Maysan Resort in Aspire, and Katara Hills Resort in Katara. This latest investment in the Maldives is a testament to the company's commitment to developing world-class tourism destinations.

Commenting on the investment, Chairman of Estithmar Holding, Mr. Moutaz Al Khayyat, said: "The investment opportunities in the Maldives are highly flexible, and the investment environment is encouraging and plays an active role in stimulating the global private sector to innovate a number of projects that enhance tourism and entertainment programs."

 "The Maldives is an ideal location for a Rosewood property, and we are looking forward to bringing our A Sense of Place philosophy to life in this incredible destination” said Radha Arora, President of Rosewood Hotels & Resorts.

“We are pleased to partner with Estithmar holdings on this ambitious project, which is sure to raise the bar for ultra-luxury experiences in the Maldives. 

The Rosewood resort in the Maldives is set to become the ultimate destination for luxury travelers, combining the unparalleled experience of Rosewood and its expertise in operating more than 30 hotels in 16 countries around the world. Guests are sure to be left in awe of the stunning architecture, breathtaking views, and exceptional service that this resort will offer.

--

Make sure to check out our social media to keep track of the latest content. 

Instagram - @qatarliving

Twitter - @qatarliving

Facebook - Qatar Living

YouTube qatarlivingofficial

 

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around good times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.