Corinthia Hotels Signs Agreement to Open a Luxury Resort in the Maldives in Q4 2025

Corinthia | May 31, 2023

LONDON, May 31, 2023-- Corinthia has signed a hotel management agreement to operate a luxury resort in the Maldives in 2025. The developer of the luxury resort to be operated by Corinthia is Maarah Pvt Ltd, a Maldivian entity, affiliated with Maarah Holdings Ltd, a United Arab Emirates company registered within the Dubai International Financial Centre, being part of Niro Investment Group, one of the most prestigious investment companies in Romania, which is further strengthening its international operations, both in the Middle East and South Asia. Early works on reclamation and the first phase of the development of the resort lo...