HPL Hotels & Resorts Ends Rihiveli Beach Resort Management

HPL Resorts (Maldives) Pvt Ltd, a subordinate company of Hotel Properties Limited (HPL), has taken away its interest in M.A.T. (Maldives) Pvt Ltd, the company that owns Rihiveli Beach Resort to Castaway Maldives Pvt Ltd.
Rihiveli Beach Resort
Since 2004, it is known that the resort has been managed by HPL Hotels & Resorts, a hospitality management company that is solely-owned by Hotel Properties Limited, the island lease for the resort expires end of 2015.
Chairman of HPL Hotels & Resorts Stephen Lau said “I would like to thank all the trade partners, business associates and staff for their invaluable support and contributions through the years.” Adding more “I am confident that Castaway Maldives Pvt Ltd will ensure the continuity of the business and the spirit of Rihiveli.”
CEO of Castaway Hotels & Escapes, Patrick Heuze said “We are honoured to be the new management company for the beautiful Rihiveli Maldives resort and we are looking forward to working with our partners and team to continue the success of this amazing property. We would also like to thank HPL Hotels & Resorts for their support during this transition and the great work they have done with this unique property.”
Hotel Properties Limited has an immense presence in the Maldives, and will continue to focus on growing opportunities that can meet the ever-changing demands of smart travellers. Currently, the group has 5 other properties, namely Holiday Inn Resort Kandooma, Gili Lankanfushi Maldives, Four Seasons Resort at Kuda Huraa and Landaa Giraavaru and Six Senses Laamu.