InterContinental to Manage Holiday Inn Mal'e
NOVEMBER 3, 3006. The InterContinental Hotels Group has signed an agreement with Mal'e Hotel Associates Sourcing Limited, to manage the Holiday Inn Mal'e in Maldives, scheduled to open in late 2008.
The new Holiday Inn property is set to become a prominent landmark in Mal'e, the capital island of the Maldives. IHG expects the Holiday Inn Mal'e to attract business travellers and holiday maker's enroute to neighbouring destinations. Enjoying an ideal location at the junction of Nasreeny Goalhi and Ameer Ahmed Magu, Holiday Inn Mal'e is adjacent to The President's office, several banks and government ministries.
Jan Smits, chief operating officer, Southern Asia, InterContinental Hotels Group Asia Pacific, enthused, "The opening of Holiday Inn Mal'e presents a strategic opportunity for InterContinental Hotels Group to contribute to the thriving tourism industry in Maldives, generate jobs for locals, and to mark our presence in the Indian Ocean."
The 120-room hotel will offer meeting facilities, a range of food and beverage outlets, recreational facilities including a rooftop swimming pool as well as a spa and fitness centre.
The hotel site provides easy access to tourist landmarks like the National Museum, the Sultan's Palace (former official residence of The President), the Sultan Park, the Presidential Palace and souvenir shops.
The Maldives is enjoying robust economic growth and is thriving as a destination due to the unique one island, one resort concept and its white sand beaches, blue lagoons and tropical marine life. Tourism accounts for almost 60% of the country's foreign exchange earnings, employs 20% of the labour force (91,000 persons) and accounts for the largest share of GDP.
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