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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 top resource for hospitality players who want to know more about sustainability is Green Hotelier (www.greenhotelier.org).
Today's soaring demand for electricity counts lights as a major consumer.
Library of published hospitality, tourism and property market intelligence.
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