Dream Hotels signs two Maldives resort hotels

George Sell George Sell Uploaded 03 February 2017

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US: Dream Hotel Group has partnered with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop two Maldives properties.

US: Dream Hotel Group has partnered with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop two Maldives properties.

The Chatwal Maaga Maldives and Dream Gasveli Maldives are set to open in 2019 and 2020 respectively. The new locations will triple the group's presence in Asia and mark "a pivotal step" in Dream Hotel Group's global expansion strategy.
 
"Last year, we signed more new hotels and resorts than ever before," said Dream Hotel Group CEO Jay Stein. "I'm thrilled to announce another equally strong year of growth momentum with the signing of The Chatwal Maaga and Dream Gasveli in the Maldives, one of the strongest luxury leisure resort markets in the world."
 
The Chatwal Maaga Maldives will feature 80 luxury villas, six private beach villas and two presidential villas, as well as three dining options. The Chatwal Maaga Maldives will be the second property in The Chatwal collection of luxury hotels.
 
Dream Gasveli Maldives will feature 500 villas, eight dining and nightlife venues, including a Dream Beach Club, a 20,000-square-foot spa and a dozen designer brand retail outlets. Spanning across three islands in Meemu Atoll, Dream Gasveli will be the largest fully-integrated resort ever developed in the Indian Ocean.
 
"I've been in the resort and hotel business for over 30 years in the Maldives," said Mohamed Manik, chairman of Alpha Kinam Holdings. "I am pleased to partner with Dream Hotel Group in bringing its leading edge lifestyle brands to the Maldives and look forward to taking our luxury market experiences one step beyond here with many more projects in the future."
 
"I have known Mohamed Manik for a number of years and there is no better partner we'd rather work with to bring The Chatwal and Dream brands of hospitality into the Maldives, delivering on the standards of excellence we hold so high," said Kevin Wallace, managing director, Asia Pacific, Dream Hotel Group.
 
Dream Hotel Group plans to sign more than 150 hotels and resorts worldwide across all its brands - Dream, Time, The Chatwal and Unscripted - over the next four years, continuing to solidify its burgeoning portfolio worldwide.
 
"This will be a milestone year for us as we welcome an unprecedented number of new hotels into our ever-growing family of brands across the globe," added Stein.

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