Corinthia Hotels has signed an agreement to open a luxury resort in the Maldives in the fourth quarter of 2025.
The resort will be located in the Kaafu Atoll and will feature two islands. The larger of the two islands will host a 73-key resort, while the second will be a private island for exclusive use.
Corinthia Maldives will feature “aquatic-inspired architecture”, with the main pavilion and all villas taking on forms and shapes inspired by manta rays.
The resort will offer state-of-the-art wellness facilities, multiple fitness spaces and a choice of five restaurants operated with internationally renowned brands.
The property is being developed by Maarah Pvt Ltd, a Maldivian entity affiliated with United Arab Emirates company Maarah Holdings Ltd. The firm is part of Niro Investment Group, one of the most prestigious investment companies in Romania, which is reportedly looking to “further strengthen its international operations”.
Corinthia Hotels chief executive Simon Naudi said: “We are thrilled to announce the arrival of Corinthia in the Maldives. Together with our partners, the developers, we will work to create a unique architectural statement that will delight the senses.”
René Beil, managing director of Maarah Holdings and Maarah Pvt Ltd, added: “We are excited about this milestone Maldivian luxury resort development, which is located only 15 minutes from Male International Airport and which will provide long-term local employment opportunities whilst contributing towards the growing destination tourism economy of the Maldives.
“We are fortunate of our thirty years’ legacy of real estate investments and developments of pioneering nature and we are privileged to be partners with a leading luxury hospitality brand such as Corinthia”.
Corinthia’s portfolio includes hotels in London, Budapest, Lisbon and St. Petersburg.
Current developments underway in various stages of design and construction include “trophy” hotels in Rome, New York, Brussels, Bucharest, Doha and Riyadh and a new resort in Malta.