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Posted: 08 Jan 2014 | 6:00 am
For hotel owners the idea of owning a Maldives property remain an object of desire given the sky high average room rates and capture of guest spending.
In a recent transaction the Jumeirah Dhevanafushi traded to the Singapore-based CDL Hospitality Trusts REIT.
The same investor purchased the Angsana Velavaru in early 2013.
A purchase price of USD59.6 million has been announced for the hotel which features 19 beach villas and 16 over-water villas.
Jones Lang LaSalle Hotels brokered the sale.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
One emerging hotel booking site GreenHotelWorld.com has now engaged more 5,200 green certified properties globally.
The recent relaunch and expansion plans at the famed Indonesian's sustainable resort Nihiwatu shows that luxury can fit into this niche segment.
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