Mandarin Oriental Maldives
Mandarin Oriental Hotel Group Partners With DAMAC for Private Island Resort in the Maldives
Mandarin Oriental Hotel Group | February 28, 2022
Mandarin Oriental Hotel Group has announced that it will manage a new resort on a private island in The Maldives that is scheduled to open in 2025. The resort is currently under development on a pristine Indian Ocean site and will stretch across three private islands on Bolidhuffaru Reef in South Male Atoll, accessed by an easy 20-minute speedboat ride from Male’s Velana international airport. Surrounded by white sand beaches and the vibrant coral reefs for which The Maldives is renowned, the resort will provide a picturesque backdrop from which to enjoy a variety of activities including wellness experiences and watersports. The accommo...
NYU Conference Takeaways: Cautious Optimism Turns to Caution
Rodney G. Clough | June 6, 2019
By Rodney Clough The 41st NYU International Hospitality Industry Investment Conference wrapped up on June 4, 2019, and the overall sentiment of the event was one of caution, a shift from a sentiment of cautious optimism at conferences earlier in the year. Most expect the next industry downturn to come soon, perhaps as soon as next year or early 2021. Absent a Black Swan event, the expectation is for a correction rather than a deep downturn. Main takeaways include the following: Caution but Not Panic There is substantial equity and debt available for the hotel sector. The long-term view for the sector is positive and it is seen as less...
