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In line with LOLC Group's global expansion strategy for its leisure business and recognizing the thriving tourism industry in the Maldives, the Group is making a substantial investment in the region. The recently inaugurated Barcelo Whale Lagoon Maldives, a luxurious resort with 100 rooms, is strategically located in the South Ari Atoll. Additionally, Nasandhura Maldives, the capital's largest hotel, is on the verge of completion and is scheduled to open in the first half of 2024. This extensive development comprises 136 hotel rooms, 118 apartments, as well as office and shopping areas, positioning it as a flagship property and an iconic landmark in Male'. Furthermore, LOLC has entered into a partnership with Barcelo Hotel Group to construct a 470-room, star-class resort in the North Male Atoll, with construction set to commence shortly.
$ 11,818GDP per Capita
5No. of Hotel Properties
Barceló Whale Lagoon Maldives
Located in the South Ari atoll, the Barceló Whale Lagoon Maldives is an exclusive 5-star resort where you can live an unforgettable experience characterized by tranquility and comfort, all in a chic beach environment. With its turquoise waters, its white sand and its coral gardens, the resort offers couples the possibility of a romantic getaway, and families, endless adventures and fun.
Nasandhura Hotel and Apartment Complex
Nasandhura Palace Hotel, set in the prime location of Male' city is envisaged to offer a comfortable and luxurious experience along with a taste of urban Male' life. The leading Spanish hotel company, Barceló will collaborate with the LOLC Group for the management of the resort.
Bodhufaru Beach Resort
Bodhufaru Beach Resort, nestled in the North Male' (Kaafu) Atoll, surrounded by idyllic beaches, will be designed to offer guests an unforgettable experience in paradise. Barceló Hotel Group will act as the operator of the hotel.