Maldives’ Best Resorts: Forbes Travel Guide’s 2024 Five-Star Award Winners!

travel_admin

February 12, 2024

Forbes Travel Guide, the only global rating system for luxury hotels, restaurants and spas, announces its 66th annual list!

Since the pandemic, travellers have been seeking trips that are meaningful rather than just a trip to an iconic destination. With this, even bucket-list destinations such as the Maldives have started curating more personalized experiences. Whether that means personalised butler services or a memorable safari trip, the travellers are here for a unique adventure.

No matter the destination, Forbes Travel Guide’s 2024 Star Awards reflect the trending tastes among travellers. For the 66th annual list, Forbes explores a variety of destinations. From smaller overlooked cities to iconic destinations. And as per usual, a handful of Maldivian resorts made it to the list, for their unique and iconic offerings.

Cheval Blanc Randheli

Cheval Blanc Randheli made it to the Forbes Travel Guide’s 2024 list with a five-star rating. This resort is popular among travellers for its avant-garde elegance and French finesse, providing a uniquely luxurious experience. Opening in 2013, Cheval Blanc Randheli was Louis Vuitton Moët Hennessy’s second hotel venture. The Forbes Travel Guide inspector’s highlights for 2024, noted the spa, the scent design, the water villas, the prestigious location, as well as the unique yoga ritual.

The inspectors noted that the spa at Cheval Blanc Randheli is uniquely set on an island of its own. This is an experience only offered in a few resorts in the Maldives. Another unique aspect noted was the scent design. The signature fragrance at Cheval Blanc Randheli was created by head nose at Dior, François Demachy. The water villas’ sundecks were noted for being among the largest in the Maldives, and the yoga ritual for its uniqueness.

Four Seasons Resort Maldives at Kuda Huraa

Four Seasons Resorts is a name brand which is well-known around the globe. The Four Seasons Resort Maldives also marked the list with a five-star rating. The resort which brings island luxury with the Maldivian charm was noted for being the first of its kind in the Maldives! The Four Seasons Resort in the Maldives brings travellers a unique spa experience, which Forbes noted – meaning you must try it. The resort is also popular among honeymooners.

Another group of travellers who happen to love the Four Seasons Maldives are surfers. The resort provides a unique surfing safari as well as a tour which can be booked with the resort. Forbes Travel Guide also highlighted the unique Maldives-inspired cocktails at the Four Seasons Resort Maldives at Kuda Huraa!

Four Seasons Resort Maldives at Landaa Giraavaru

Yet another Four Seasons Resort Maldives marked the list with five stars this year. The Landaa Giraavaru resort, which brings travellers an idyllic isle was noted for its unique and colourful seaplane! In addition to this, its marine discovery, spa and wellness as well as yoga were noted to be some of the best aspects of the resort. Located in Baa Atoll, the resort was also noted for the captivating underworld.

Hurawalhi Island Resort

The romantic private island oasis Hurawalhi Island Resort also came with a five-star rating for 2024. The resort is popular for its Romantic Villa is the only stay with a deep soaking bathtub! This unique offering allows travellers to relax with the breathtaking scenery of the Maldives.

Additionally, the Sulha Spa was also noted for its purely relaxing offerings while its private sandbank, underwater restaurant and Marine Biology Centre were also noted by Forbes. The 5.8 Undersea Restaurant at Hurawalhi is the world’s largest all-glass undersea restaurant with a carefully curated tasting menu and excellent wine pairings.

JOALI BEING

This immersive wellness retreat, opening in 2021 is a traveller favourite and received a five-star rating from Forbes Travel Guide. The resort offers travellers extremely spacious stays, whether you book the beach villa or overwater villa. The wellness centre Areka offers unique offerings, curated for each traveller. One of the reasons JOALI BEING became such a hit among travellers is the inclusive food menu, which offers delectable healthy options.

Due to the wellness-centric vibe at the resort, JOALI BEING has become a traveller favourite since its opening.

JOALI Maldives

While JOALI BEING is popular among wellness lovers, JOALI Maldives is for those seeking art in their travels. The resort offers immersive views, with no other resorts or even inhabited islands in sight in any direction.

The design aesthetics of the resort offer a unique experience for those staying in the overwater villas. Located just off the sandbank on the western corner of the island, overwater villas have the impression of being separate from the island.

Kudadoo Maldives Private Island

Kudadoo Maldives Private Island offers an ultra-exclusive, all-inclusive sanctuary for travellers. Kudadoo’s 13 one-bedroom and two two-bedroom Ocean Residences are oases, which need to be explored. The resort offers a unique cheese cellar, carrying some of the world’s best gourmet cheeses. The best part is that it’s all freely available for a pre-dinner nibble or even a middle-of-the-night snack.

Just like any good resort, Kudadoo Maldives Private Island also offers an amazing spa experience. ‘Lonu Cave’ is a first in the Maldives. The spa offers an indoor salt chamber whose walls are lined with mineral-rich age-old pink Himalayan salt. The resort also boasts restaurants that never close! The best part for vacationers? The champagne brunch is available throughout the day.

LUX* South Ari Atoll

LUX* South Ari Atoll is a haven for eco-travellers seeking a luxury getaway. This resort is the perfect location for divers, offering more than 50 dive spots filled with vibrant aquatic life, shipwrecks and caves.

The resort also boasts its sustainable practices, such as having the world’s largest solar platform at sea floating in the lagoon, providing power for the resort. Additionally, single-use plastics are banned in the resort and guests are also welcome to partake in the eco-friendly initiatives. At the restaurants, plant-based foodies will be amazed by the choice of clean, nutritious and locally sourced dishes on the vibrant “Keen on Green” menu!

One & Only Reethi Rah

One & Only Reethi Rah is one of the largest luxury resorts in the Maldives, with an impressive KidsOnly kids club. The perfect resort for a family or romantic getaway, One & Only Reethi Rah offers a unique experience for travellers. For the best experiences, explore the ClubOne Beach Club, the scuba experience as well as a stay at the Grand Sunset Residence.

The Grand Sunset Residence is an experience in itself. This villa category has the largest private stretch of beach on the island, offering more than 26,000 square feet.

Patina Maldives, Fari Islands

The modern, tranquil sanctuary of Patina Maldives brings travellers yet another five-star experience in the Maldives. With 12 restaurants and bars, the resort also offers spacious and inspiring one- to three-bedroom Beach and Water Pool villas.

For an artistic experience, travellers must experience the Fari Marina Village and Fari Beach Club. Here, everything from fashion to music and art is constantly flowing, adding a unique touch to your vacation. In addition to its beautiful spa, Patina Maldives also helps you to tune into the island’s energy, named “Rhythm and Vibes.

The Ritz-Carlton Maldives, Fari Islands

This property brings you the island vibes of the Maldives with the classic luxury of the Ritz. Here, every single guest is treated like royalty. Not only do you get your very own private butler The Ritz-Carlton Maldives also offers almost any activity you can imagine. The resort brings to its guests seven different dining outlets, catering to almost any palate.

Soneva Jani

Soneva is a name brand that everyone had on their bucket list for the Maldives since its inception. We can all agree that the overwater villas at Soneva Jani are some of the most popular among travellers. But that is not all. The resort is also great for kids as it offers a technology-free Mini Den. The menus at the kids’ club cater to young appetites, and the offerings for kids to enjoy are never-ending here.

Soneva Jani also debuted the Maldives’ first overwater observatory with a resident astronomer ready to give you a tour of the cosmos. This is something every traveller must explore on their trip to Soneva Jani.

The St. Regis Maldives Vommuli Resort

At this marine-inspired resort, booking an overwater villa for good sun and surf is a must. With the Maldives being popular for its underwater experience, a stay at The St.Regis Maldives is a must if you’re looking for good surf.

If you’re looking for a colourful Maldivian sunset, enjoy sundowners, seafood and even multi-course menus at the Whale Bar.

Velaa Private Island

This private luxury island has been garnering popularity and is another destination that adds a touch of uniqueness to your Maldives getaway. Not only does Velaa Private Island boast the only Snow Room in the Maldives, but it’s also filled with thrilling activities for adventure seekers.

The spa experience at Velaa Private Island offers travellers cutting-edge technologies and modern techniques! You can choose from two options – the Velaa Spa or the Evelaa Spa.

Waldorf Astoria Maldives Ithaafushi

This sprawling five-star nirvana in the Maldives brings you Instagrammable dining outlets! Not only is Terra a must-try for its aesthetic appeal but the food is as delectable as it is Instagram-worthy. Guests are welcome to sit in handcrafted bamboo nests above the treetops while sipping Krug and noshing on Miyazake wagyu beef.

Each of the villas at this beautiful resort comes with an infinity pool and submerged loungers, swinging daybeds, dining gazebos and endless ocean vistas. Travellers can also look forward to booking a private island, perfect for celebratory occasions. The private island comes with two villas, five swimming pools, an overwater spa and an entertainment centre with a cinema!

Forbes Travel Guide

February 12, 2024

Latest

Maldives Resort Business in 2025: Key Challenges, Profit Strategies & Industry Shifts

Featured

From Maldives to the World: Inside ITB Berlin 2025, Key Trends Shaping Global Tourism

Featured

Dusit Thani Resorts Gives Back through Moms Aid’s Ramadan Relief Campaign

Featured

JW Marriott Maldives Resort & Spa: A Luxurious Sanctuary in Shaviyani Atoll

Destination Guides

Featured

Maldives Resort Business in 2025: Key Challenges, Profit Strategies & Industry Shifts

Writer

March 6, 2025

The Maldives continues to stand as one of the world’s premier luxury travel destinations, offering unparalleled experiences in an idyllic tropical setting. However, as 2025 progresses, the resort industry faces a range of economic and operational challenges. Rising costs, evolving regulatory frameworks, and shifting consumer preferences are altering the dynamics of the hospitality market. To remain competitive, Maldives resorts must adapt to these changes and leverage new opportunities to optimize profitability while enhancing the guest experience.

Economic & Regulatory Challenges in 2025

As the resort industry evolves in the Maldives, several key challenges demand operators’ attention. The rapid pace of change in both economic factors and regulatory landscapes requires a proactive approach. This is necessary to sustain the luxury appeal of the Maldives while maintaining operational efficiency.

Increased Tourism Taxes & Operational Costs: One of the most immediate challenges is the recent hikes in tourism-related taxes and departure fees. These changes place additional pressure on resorts’ pricing strategies. Resorts must navigate the fine line between maintaining exclusivity and managing increased operational costs. With travelers becoming more price-conscious, especially those seeking a combination of luxury and value, resorts face the task of balancing these financial realities. Therefore, streamlining operations through technological innovations, optimizing staffing, and refining pricing models becomes essential for maintaining competitiveness in this evolving landscape.

Staffing & Labor Regulations: Compounding the financial pressures are changes in labor laws and staffing requirements. A growing emphasis on local employment forces resorts to reevaluate workforce strategies. While this benefits the local economy, it introduces challenges related to the training and retention of skilled workers. These workers are essential in meeting the high service standards expected in the luxury resort industry. Resorts must invest in the development of local talent. They should also explore how technology, such as AI and automation, can fill gaps and improve operational efficiency. These efforts will ensure that resorts continue to provide the exceptional service that attracts high-end guests.

Sustainability Compliance & Green Regulations: Environmental sustainability has become a central concern for both consumers and regulatory bodies in the Maldives. Eco-conscious travelers increasingly make decisions based on a resort’s sustainability efforts. Governments are responding with stricter green regulations. As a result, resorts must integrate more robust Environmental, Social, and Governance (ESG) practices to meet these expectations. From energy-efficient infrastructure to waste management and the sourcing of sustainable materials, the emphasis on environmental responsibility is undeniable. Resorts that proactively adopt these measures not only meet regulatory requirements but also gain a competitive edge in an increasingly eco-conscious market.

Profit-Boosting Strategies for Resorts

In light of these challenges, Maldives resorts are increasingly focusing on innovative strategies to boost profitability. At the same time, they aim to maintain the luxury experience that sets them apart. Leveraging technology, enhancing guest personalization, and diversifying revenue streams emerge as key approaches for boosting revenue in 2025.

AI-Powered Revenue Management: One of the most powerful tools at a resort’s disposal is AI-powered revenue management. By adopting dynamic pricing strategies, resorts optimize room rates in real-time. They adjust for demand fluctuations, competitive pricing, and guest preferences. AI-driven forecasting tools enable resorts to predict demand patterns with greater accuracy. This allows for more effective pricing and promotional decisions. These systems ensure that resorts maximize their revenue potential, particularly during both peak and off-peak seasons. By capitalizing on the right pricing strategies at the right times, resorts optimize profitability.

Strengthening Direct Bookings: Another critical area for resorts to address is their reliance on Online Travel Agencies (OTAs), which often take significant commissions. As resorts look to enhance their margins, they are shifting their focus toward increasing direct bookings. Personalized marketing campaigns, exclusive offers, and loyalty programs serve as effective strategies to encourage guests to book directly. By leveraging AI and data analytics, resorts craft tailored experiences that appeal to individual guest preferences. This makes direct booking an attractive option. Benefits like room upgrades or complimentary services for direct bookings not only increase profitability but also help build lasting guest relationships.

Diversified Revenue Streams: To further bolster their profitability, resorts are expanding their offerings beyond traditional room sales. Increasing revenue from food and beverage services, wellness programs, and bespoke experiences—such as private island rentals or tailored excursions—becomes a priority. Exclusive activities like private sunset cruises, gourmet dining experiences, and customized spa treatments cater to high-net-worth individuals. These travelers are seeking unique, once-in-a-lifetime experiences. By diversifying revenue streams, resorts create multiple opportunities for financial growth. This ensures they remain attractive to luxury travelers seeking a comprehensive, premium experience.

Personalization Through Big Data: In today’s competitive hospitality market, delivering personalized guest experiences has become essential. Resorts in the Maldives are increasingly turning to big data and AI to better understand their guests and provide bespoke services. By analyzing previous stays, guest preferences, and behavioral patterns, resorts can create tailored itineraries, customized amenities, and personalized experiences. This enhances the guest experience. Such levels of personalization foster greater guest satisfaction and loyalty. In turn, this can lead to repeat visits and positive word-of-mouth referrals.

Industry Shifts & Emerging Travel Trends

As the global travel landscape continues to evolve, new trends are shaping the Maldives resort sector. Shifting consumer preferences, technological advancements, and the rise of sustainability-focused travel are among the most influential factors reshaping the industry in 2025.

The Rise of Wellness & Experiential Travel: One of the most significant shifts in the luxury travel market is the growing demand for wellness and experiential travel. High-net-worth individuals prioritize their health and well-being during vacations. They opt for resorts that offer wellness retreats, fitness programs, and holistic treatments. This trend is complemented by the rise of digital detox and mindfulness experiences. Many travelers are seeking to disconnect from their busy lives. Therefore, resorts that offer comprehensive wellness programs—ranging from yoga retreats and spa therapies to personalized fitness regimens—will attract this rapidly growing segment. These resorts will gain a distinct advantage in the competitive market.

Long-Stay & Remote Work Travelers: In addition to wellness, another emerging trend is the rise of long-stay and remote work travel. The flexibility of remote work has led to a surge in professionals seeking extended stays in luxurious destinations like the Maldives. By offering co-working spaces, high-speed internet, and flexible accommodations, resorts can cater to this new market segment. The ability to combine work and leisure, offering a balance between productivity and relaxation, provides a unique opportunity for resorts to tap into long-term guest bookings. This shift not only diversifies the guest demographic but also helps resorts maximize their occupancy rates throughout the year.

Sustainability as a Competitive Advantage: Sustainability continues to drive change in the luxury travel sector. Resorts that prioritize eco-friendly practices, such as renewable energy initiatives, waste reduction strategies, and carbon-neutral operations, position themselves to attract environmentally-conscious travelers. By gaining sustainability certifications and promoting these efforts, resorts enhance their brand image and build deeper connections with guests who value responsible tourism. Moreover, resorts that integrate sustainability into their core identity find themselves at the forefront of a market where consumers increasingly demand ethical and eco-friendly travel options.

Navigating the Future of Maldives Resorts

The Maldives resort industry in 2025 faces a complex landscape shaped by economic challenges, evolving regulations, and shifting consumer demands. To navigate this environment successfully, resorts must adapt by embracing technological innovations, diversifying revenue streams, and prioritizing sustainability. By investing in AI-powered systems for revenue optimization, offering personalized guest experiences, and enhancing wellness and experiential offerings, resorts position themselves for long-term success. Ultimately, resorts that balance profitability with sustainability and create meaningful, bespoke experiences for their guests will thrive in the competitive market of 2025 and beyond.

Feature Image: JW Marriott Kaafu Atoll Island Resort, Maldives

Luxury Travel Destination, Luxury Travel Industry, Maldives Resort Business, Maldives Resort Industry, Maldives Resorts, The Maldives

March 6, 2025

No more posts to show