This expansion showcases the continued growth of TIME Hotels – who to date have properties spanning the UAE, Egypt, Qatar, Saudi Arabia, Morocco and Liberia – into a new region.
Situated on Hankede Island, in the Addu atoll – the southernmost atoll in the Maldives – VIVI by TIME our Lifestyle brand will have 75 rooms over six stories with spectacular sea views and an array of first class facilities. HALO by TIME, our upscale brand, spans 8 storey’s with 150 keys, including bespoke sunrise and sunset over water villas.
TIME has partnered with Maldives Fund Management Corporation (MFMC) for their first launch into the region. MFMC is a 100% state-owned company established in 2019 involves the fulfilment of national development goals of Maldives through increased private sector investment and addressing limitations in the local financial system.