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Resort Life Travel and Partners Plan to Invest USD 250 Million in the Maldives

CEO of Resort Life Travel - Mohamed Shaaz Waleed
Resort Life Travel plans to invest USD 250 Million in partnership with a Russian company.

Leading travel agent, Resort Life Travel has announced to invest USD 250 Million in a resort development project in partnership with a Russian company. Likewise, the company has also revealed plans for further investments in developing the travel and tourism sector of the Maldives.

According to the CEO of Resort Life Travel – Mohamed Shaaz Waleed, the company plans to invest USD 250 Million in partnership with a Russian company. Furthermore, Resort Life plans to submit the proposal for the project upon the opening of government offices. Resort Life Travel resumed operations last month, welcoming their first guests on 16th July to Olhuveli Resort & Spa, Maldives.

Waleed further stated that foreign partners have an interest in investing in the tourism and transport sectors of the Maldives. Likewise, he emphasized on the fact that the Maldives is in a crucial state for investments. An estimated 560 job opportunities will be created on the investment project, according to Waleed.

Resort life travel is a leading tour operator with offices based in Ukraine, India, and Russia. The company with over 12 years of experience in the Maldivian tourism industry boasts a portfolio of across all major hotel brands of the Maldives. Due to the COVID-19 pandemic, with multiple cancellations and date changed from guests, Resort Life Travel ensured their requests and partners were communicated with a positive attitude of the on-going situation when some online travel agencies were not able to help their guests.

The company was created with the intention of serving their global partners with all travel-related businesses in the Maldives. Catering as a partner to over 130 clients including; resorts, guesthouses, and liveaboards the company takes pride in the trust built with their partners to offer them top-notch services today. The company encircles around various associates to ensure they are always there for guests from the beginning of their stay in the Maldives until their departure and for guests’ next stay.

Feature image by Avas Online
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Maldives Takes Home Wins at World Travel Awards 2024!

Maldives is yet again taking home coveted awards at the World Travel Awards (Indian Coean Category), at the Arabian Travel Market (ATM) 2024. The award show which is being held at Dubai World Trade Center from 6th to 9th May recognises and rewards excellence in travel and tourism. It is no shock that the Maldives took home more than one award, as the destination has always been a tourist-hot spot.

The Maldives took home the following awards this year:

  • Indian Ocean’s Leading Destination 2024
  • Indian Ocean’s Leading Honeymoon Destination 2024
  • Indian Ocean’s Leading Green Destination 2024
  • Indian Ocean’s Leading Dive Destination 2024

The resorts that won these awards for the Maldives are also noteworthy. Conrad Maldives Rangali Island claimed the coveted title of ‘Indian Ocean’s Leading Hotel’. Vakkaru Maldives won ‘Indian Ocean’s Leading Resort’. Coco Bodu Hithi, Maldives was named ‘Indian Ocean’s Most Romantic Resort’. Cora Cora Maldives also enjoyed a strong showing, winning ‘Indian Ocean’s Leading All-Inclusive Resort’.

Some of the other notable wins at the World Travel Awards 2024 taken home by resorts include:

The Maldives also won some of these categories at the 2023 World Travel Awards. Last year the Maldives won the Indian Ocean’s Leading Destination 2023 title. Additionally, the country also won the Indian Ocean’s Leading Beach Destination 2023 and the Indian Ocean’s Leading Dive Destination 2023. Two of these titles have been won by the Maldives since 2020. This year, however, the Indian Ocean’s Leading Beach Destination was won by the beautiful Seychelles. In addition to the Maldives, Mauritius, Madagascar, and Reunion Island competed for this title.

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