JLL Secures Remarkable USD 1.9 Billion in Maldivian Resort Sales Over Two Decades

JLL, the renowned real estate and hospitality conglomerate, has played a pivotal role in orchestrating an impressive USD 1.9 billion in hotel sales within the Maldives over the last two decades. The company's "Maldives Investment Guide" underscores the nation's status as a premier global tourist resort destination, drawing the interest of esteemed global hospitality brands, real estate developers, private equity funds, and institutional investors.
Notably, the Maldives stands as the highest-rated tourism destination in the South Asian region, having witnessed a remarkable 10 percent market growth since 2019. JLL's report further highlights an average 9 percent surge in operational tourist resorts in the Maldives since 2009, with a significant portion of new openings in 2023 falling under the upscale or luxury category.
In 2022 alone, JLL achieved a cumulative USD 200 million in resort sales. Since 2012, the conglomerate has successfully brokered the sale of over 15 tourist resorts in the Maldives. In addition to its endeavors in the Maldives, JLL has been a prominent force in brokering major property sales within China, Singapore, Japan, and South Korea.