Dream Hotel Group, a New York based hotel brand and management company has signed two hotels in the Maldives. The agreement was made with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop The Chatwal Maaga Maldives and Dream Gasveli Maldives. These two properties are set to open in 2019 and 2020 respectively, the new locations triple the group’s presence in Asia and contributes critically toward Dream Hotel Group’s strategy in global expansion.
“Last year, we signed more new hotels and resorts than ever before,” Dream Hotel Group CEO, Jay Stein stated. “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.”
Positioned in vividly striking North Ari Atoll, The Chatwal Maaga Maldives is set to feature 80 ultra-luxury villas, six private beach villas and two presidential villas. In addition, three world-class culinary experiences will bring fine dining and simple barefoot style to the lagoon’s edge. The Chatwal Maaga Maldives will be the second location to debut in The Chatwal collection of luxury hotels.
Dream Gasveli Maldives will feature 500 villas, eight experiential dining and nightlife venues, including the brand’s signature Dream Beach Club. A 20,000-square-foot of the island will be dedicated for wellness with an excellent spa and a dozen designer brand retail outlets is set to provide guests with exclusive duty-free shopping on site. Spread 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 Mr. 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.”
Mr. Kevin Wallace, Managing Director, Asia Pacific, Dream Hotel Group stated “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.”
Towards the end of last year, Dream Hotel Group declared the signing of its first hotel in Vietnam with local-based Beegreen Group to develop Dream Oceanami Villas & Spa in Long Hai, Ba Ria-Vung Tau Province, which is the country’s top tourist destination. Decided to open in June 2017, Dream Oceanami Villas & Spa will be the first of four new resort hotels developed by Beegreen Group and managed by Dream Hotel Group in Vietnam over the next two years. Future locations include Vung Tau City, Hoi An, Ho Tram and Con Dao.
Dream Hotel Group has future plans to sign more than 150 hotels and resorts worldwide under all of its brands over the next four years, continuing to strengthen its progressive portfolio globally. These brands include Dream, Time, The Chatwal and Unscripted.
“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 to his statement.