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23-26 Aug 2026
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22-23 Sep 2026
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27-29 Sep 2026
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| Minor International acquires 50 per cent stake in Niyama Maldives
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| By Tom Anstey 05 Dec 2013 |
Minor International (MINT) has acquired a 50 per cent stake in Per Aquum’s Niyama resort
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Minor International (MINT) has announced the US$22.5m, (£13.7m, €16.5m) acquisition of a 50 per cent stake in Per Aquum’s Niyama resort in the Maldives.
Minor Hotel Group (MHG), a part of MINT, made an investment of US$4m (€3m, £2.6m) in Per Aquum in July, with plans to develop at least five additional properties over the next five years.
The 86 bedroom Niyama resort – which features a Lime-branded spa with eight treatment rooms – is home to Subsix, the world’s first underwater music club.
MINT has a number of resorts in its Maldivian portfolio, operating six luxury hotels under the Anantara, Naladhu and Per Aquum brands. In addition, MINT also operates seven restaurant brands across the Maldives through its catering arm.
William E Heinecke, chair and CEO for MINT, said: “This is now our eighth year in the Maldives and I feel as confident as ever in the potential of this country. This additional investment in Niyama sees MINT strengthen its owned portfolio in the Maldives, demonstrating our commitment to the market.”
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29 Jun 2026
Les Mills, whose name became synonymous with one of the world's leading fitness brands, has passed away peacefully at the age of 91. A Kiwi icon, Mills created a fitness dynasty alongside his wife, Colleen. ... More
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29 Jun 2026
The annual wellness festival dedicated to wellbeing, culture, longevity and human connection, called Alma, will be hosted by Rocco Forte hotel, Verdura Resort in Sicily, Italy. The fifth edition of the event will take place ... More
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29 Jun 2026
Capella Hotel Group has appointed Feisal Jaffer as chief development officer as the company ramps up its global expansion of both its Capella and Patina brands. Jaffer will lead the group’s global development and shape ... More
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26 Jun 2026
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26 Jun 2026
People taking GLP-1 weight loss medications such as Ozempic, Wegovy, Mounjaro and Zepbound may be losing weight, but they’re also becoming less physically active, according to new research presented at the ENDO 2026 annual meeting ... More
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25 Jun 2026
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29 Jun 2026
Private hotel owner and developer Hunter Valley Luxury Hotels (HVL Hotels) will open a new luxury resort and tourism destination called Laval Hunter Valley in the second half of 2027 in Pokolbin, Australia. The 65-key ... More
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18 Jun 2026
Mass protests have been taking place since Monday 1 June in Albania over the development of a luxury resort by Donald Trump’s daughter Ivanka Trump and her husband Jared Kushner. The country’s capital city, Tirana, ... More
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19 Jun 2026
Eighty-four per cent of consumers now say wellness is a top priority in their lives, with this percentage increasing year on year, according to a presentation of trends indentified by McKinsey and Company, the outfit ... More
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23 Jun 2026
The Standards Authority for Touch in Cancer Care (SATCC) charity has announced its first five-day Living with Cancer and Beyond retreat, which will be held at Carden Park Hotel and Spa in Cheshire, UK, from ... More
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19 Jun 2026
The UK spa review and discovery platform for consumers, the Good Spa Guide, has announced it will host the Good Spa Guide Awards 2026 during an event on 16 November at Sopwell House Hotel and ... More
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12 Jun 2026
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley. This collaboration is significant as it reflects a shift by Six ... More
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