Conrad Maldives is to be sold to another management

Conrad Maldives Resort being run in Adh. Rangali finolhu is being sold to another management. While the identity is unknown, the Tourism Ministry has issued a public announcement stating that the current owner of the resort had requested for permission from the ministry to transfer the ownership of the resort.

The ministry had also requested that any debts or concerns regarding the island should be addressed to the ministry through writing within 14 days from the issue of the statement. 

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Conrad Maldives has been innovative in the tourism sector where it has introduced the first ever underwater villa in the world in their island while also having an underwater restaurant.