Hawaii-based Outrigger acquires Konotta Island Resort in Maldives

Hawaii's Outrigger Enterprises Group has purchased the Konotta Island Resort in the Maldives for an undisclosed amount. The hotel is expected to open as the Outrigger Konotta Maldives Resort next summer following a renovation, reports Pacific Business News.

The purchase of the resort, which is on the Gaafu Dhaalu Atoll, from Crystal Lagoon Pvt Ltd. closed on Tuesday. The deal was brokered by Jones Lang LaSalle's Hotels and Hospitality Group in Singapore.

"This latest acquisition marks the continued successful expansion of Outrigger in the Indian Ocean and fits perfectly with Outrigger's aim to be the world's premier beachfront resort brand," David Carey, president and CEO of Outrigger Enterprises Group, said in a statement. "The Outrigger Konotta Maldives Resort will be operated and marketed as a high-end premium property located in a magnificent atoll setting."

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


Read more on