LONDON—InterContinental Hotels Group has signed a management agreement with Hotel Properties Limited to open a new InterContinental resort on the island of Maamunagau in the Maldives.
The 83-room InterContinental Maldives Maamunagau Resort will mark the brand’s entry into the Maldives when it opens.
This is the third resort that IHG has in partnership with HPL. The Singapore-based property owner and developer also owns Holiday Inn Resort Kandooma Maldives and Holiday Inn Resort Vanuatu.
Maamunagau island is located at the southern point of Raa Atoll (North Maalhosmadulu Atoll). International travellers can take a seaplane directly to the resort from Male’s Ibrahim Nasir International Airport.
The InterContinental Maldives Maamunagau Resort features a lagoon and beach, as well as a bar and an all-day dining venue among several on-property restaurants. For children, there is the Planet Trekkers Kids Club. Elsewhere, the resort offers a Club Lounge, pool and spa, and a wide range of water sports such as snorkeling, canoeing and jet skiing at the nearby sea sports center.
“Tourism in the Maldives has been a major contributor to its economy, contributing more than 40% of the country’s GDP last year, and sentiments are positive as the country continues to be one of the world’s most highly sought-after travel destinations,” said Jan Smits, CEO, Asia, Middle East and Africa (AMEA), IHG. “It is a great time to be bringing our InterContinental brand into the Maldives. In growing our brands’ presence it is always important we look for the right partner and we are delighted to be working with HPL to bring our luxury brand, InterContinental, into the country.”
Stephen Lau, chairman, HPL Hotels & Resorts Pte Ltd., said: “As part of our growth strategy, we continuously seek the right opportunity to expand our portfolio across the Asia-Pacific and Indian Ocean region. We see huge potential to grow our resorts business in the Maldives, and Maamunagau island is the perfect setting to develop a luxury InterContinental resort. We’ve been working with IHG for almost seven years and they have been excellent partners. We look forward to bringing another great resort to life, InterContinental Maldives Maamunagau Resort, in partnership with IHG.”
IHG currently operates 25 resorts across three brands in Asia and Australasia: InterContinental and Holiday Inn, including the 160-room Holiday Inn Resort Kandooma Maldives. With the signing of InterContinental Maldives Maamunagau Resort, the company now has 13 resorts in its development pipeline, which will open within the next five years.