Hotel Properties Limited has a strong presence in the Maldives, and will continue to focus on growing opportunities that can meet the ever-changing demands of savvy travellers.
SINGAPORE – HPL Resorts (Maldives) Pvt Ltd, a wholly owned subsidiary of Hotel Properties Limited (HPL), has disposed of its interest in M.A.T. (Maldives) Pvt Ltd, the owning company of Rihiveli Beach Resort Maldives to Castaway Maldives Pvt Ltd.
Since 2004, the resort has been managed by HPL Hotels & Resorts, a hospitality management company that is wholly-owned by Hotel Properties Limited. The island lease for the resort expires in end 2015.
“I would like to thank all the trade partners, business associates and staff for their invaluable support and contributions through the years,” said Stephen Lau, Chairman of HPL Hotels & Resorts. “I am confident that Castaway Maldives Pvt Ltd will ensure the continuity of the business and the spirit of Rihiveli.” “We are honoured to be the new management company for the beautiful Rihiveli Maldives resort and we are looking forward to working with our partners and team to continue the success of this amazing property. We would also like to thank HPL Hotels & Resorts for their support during this transition and the great work they have done with this unique property”, said Patrick Heuze, CEO of Castaway Hotels & Escapes.
Hotel Properties Limited has a strong presence in the Maldives, and will continue to focus on growing opportunities that can meet the ever-changing demands of savvy travellers. Currently, the group has 5 other properties, namely Four Seasons Resort at Kuda Huraa and Landaa Giraavaru, Gili Lankanfushi Maldives, Six Senses Laamu and Holiday Inn Resort Kandooma.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
