Gulf Hotels Group expands its footprint to Maldives; announces first investment in a luxury resort in the Indian Ocean
Bahrain, July 9 -- Gulf Hotels Group (GHG), Bahrain's leading hospitality company, has advanced plans for its first investment in the Indian Ocean through a landmark luxury resort development in the Maldives, reinforcing the Group's international growth strategy and long-term commitment to expanding into high-growth markets.
The project follows the signing of a Memorandum of Understanding (MoU) between Gulf Hotels Group and Maldivian partner Keiretsu Pvt Ltd in Bahrain, establishing a framework for collaboration to jointly develop a luxury island resort in Kaafu Atoll, one of the Maldives' most established tourism regions. Situated within a private lagoon approximately 15 to 25 minutes by speedboat from Velana International Airport, the ...
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