Hawaii-based Outrigger Enterprises Group announced today that it has purchased the Konotta Island Resort situated in the Gaafu Dhaalu Atoll of the Republic of Maldives from Crystal Lagoon Pvt Ltd. The transaction closed in the Maldives on September 23, 2014, for an undisclosed amount and was brokered by Jones Lang LaSalle’s Singapore-based Hotels and Hospitality Group acting as exclusive adviser to the vendor. Following a property renovation, the hotel is expected to open as the Outrigger Konotta Maldives Resort in July 2015.
When it opens next year, the Outrigger Konotta Maldives Resort will have 27 beachfront one- and two-bedroom pool villas and 21 overwater pool villas. Four additional beachfront pool villas and an overwater presidential villa are also planned. The resort will also have innovative dining concepts, a marine education center, a Navasana Spa and retail outlets.