Jumeirah Group expands into Maldives

The second deal finalised by Jumeirah this year was in Bangkok. (GETTY IMAGES)

Luxury hospitality company, Jumeirah Group, has signed an agreement with Xanadu Holdings to manage Jumeirah Meradhoo in Maldives.

The new five-star deluxe resort located in Gaafu Alifu Atoll, south of the Malé Atoll, is Jumeirah's second hotel management agreement in the Maldives, in line with its global expansion plans, the company said in a statement.

This deal brings the total number of properties under development or in operation by Jumeirah globally to 42.

"This is the second phase of the group's expansion strategy in an area which is recognised as the world's top luxury resort destination," said Jumeirah Group.

It set the target of having 60 properties in its portfolio – either in operation or under development – by 2012.

The second deal finalised by Jumeirah this year was in Bangkok.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.

 

Print Email