Hospitality group Centara has announced plans to open its third Maldivian resort during the second half of 2014 in Lhaviyani Atoll.
The property, which is currently in the design stages, is expected to house 110 rooms and will represent a US$36 million investment in the country, according to the company.
A management contract has been signed with a Maldivian enterprise called RPI Private Ltd to oversee the project.
Centara Resorts and Hotels Senior Vice President for Sales Chris Bailey said a third island property in the country would allow the company to diversify its offerings in the Indian Ocean.
“We believe that having a third Maldives resort, in a very different location amongst the Maldivian islands, and with a different style to the existing two resorts, will give us a very powerful marketing tool,” he said.
“Our marketing division for the Indian Ocean region has recently been strengthened, and we have great confidence in the region, and in our latest venture.”
The company presently operates the Centara Grand Island Resort in South Ari Atoll and is set to open the Centara RasFushi Resort and Spa later this month.