{"id":12044,"date":"2024-03-26T03:17:20","date_gmt":"2024-03-25T20:17:20","guid":{"rendered":"https:\/\/vietpearltravel.com\/?p=12044"},"modified":"2024-03-26T03:17:20","modified_gmt":"2024-03-25T20:17:20","slug":"baccarat-hotels-expansion-to-the-maldives-part-of-larger-growth-strategy","status":"publish","type":"post","link":"https:\/\/vietpearltravel.com\/?p=12044","title":{"rendered":"Baccarat Hotels&#8217; expansion to the Maldives part of larger growth strategy"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>The luxe Baccarat Hotels brand is adding a Maldives property to its portfolio, but don&#8217;t think it stops there in terms of expansion for the brand \u2014 or for its siblings, 1 Hotels and Treehouse Hotels.<\/p>\n<p>Baccarat Hotels &amp; Residences Maldives is slated to open in 2027, parent company SH Hotels &amp; Resorts announced this month. The hotel, just a 30-minute boat ride from Male&#8217;s Velana International Airport (MLE), is expected to span five islands in the South Male Atoll.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/guide\/maldives-on-points-and-miles\/\" rel=\"noopener\" target=\"_blank\">The best ways to get to the Maldives on points and miles<\/a><\/strong><\/p>\n<p>The resort will encompass a lagoon and reef system and feature more than 50 hotel villas and 53 private residences for sale. Villas will range from one- to three-bedroom offerings, each with a private pool. There are also more secluded getaways planned, like six- and seven-bedroom private mansions and eight- and nine-bedroom offerings on private islands.<\/p>\n<p>It&#8217;s an opulent step forward for the hotel incarnation of the 260-year-old crystal brand \u2014 not that the luxe crystal needed any glow-ups.<\/p>\n<p>&#8220;In crafting this extraordinary retreat, we aim not just to create a place to stay, but to curate an experience that celebrates the essence of luxury living with the breathtaking backdrop of the Maldives,&#8221; Starwood Capital Group (the parent company of SH Hotels &amp; Resorts) CEO Barry Sternlicht said in <a href=\"https:\/\/www.prnewswire.com\/news-releases\/baccarat-hotel--residences-maldives-set-to-open-in-2027-302090740.html\" rel=\"noopener\" target=\"_blank\">a statement<\/a>.<\/p>\n<p>While 2027 is still a ways out, there are some details on the amenity front for the upcoming Baccarat resort. The Maldivian venue will feature specialty restaurants &#8220;run by some of the world&#8217;s top chefs,&#8221; luxury retail, a Baccarat-themed crystal garden, an outdoor cinema, an art gallery and event space, a nine-hole golf course, tennis courts, fishing excursions, and snorkeling.<\/p>\n<p>A planned spa is expected to include treatments that range from massages to facials to hydrotherapy circuits in the wellness space&#8217;s plunge pools. Yoga pavilions and a gym will also be included in the wellness venue.<\/p>\n<p>&#8220;We are shaping a new identity in an already remarkable region, and we are confident that this property will define ultimate luxury in the Maldives,&#8221; SH Hotels &amp; Resorts CEO Raul Leal said in a statement.<\/p>\n<div class=\"&#10;        EmailSignUp_container__qYzYT&#10;        undefined&#10;        EmailSignUp_isLoading__i_qm0&#10;      \"><picture class=\"EmailSignUp_graphic__zgpFm\"><source media=\"screen and (max-width: 767px)\" srcset=\"\/images\/EmailSignUp\/daily-mob.svg\"\/><img decoding=\"async\" alt=\"\" src=\"https:\/\/thepointsguy.com\/images\/EmailSignUp\/daily-dt.svg\"\/><\/picture>\n<div class=\"EmailSignUp_form__C8FWb\">\n<p>Daily Newsletter<\/p>\n<p>Reward your inbox with the TPG Daily newsletter<\/p>\n<p>Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\n<\/div>\n<\/div>\n<p><a id=\"sh-hotels-on-a-growth-streak\" class=\"jsx-3480274316 anchor\"\/><\/p>\n<h2 class=\"jsx-3480274316\">SH Hotels on a growth streak<\/h2>\n<p>The Maldivian expansion arrives as SH Hotels throttles forward on significant growth across all three of its major brands: Baccarat, 1 Hotels and Treehouse Hotels.<\/p>\n<p>Baccarat serves as SH&#8217;s ultraluxury brand, while 1 Hotels caters to the luxury lifestyle crowd craving a bit more in terms of nightlife at a hotel. Treehouse is the company&#8217;s most sustainability-forward brand.<\/p>\n<p><strong>Related: <a href=\"https:\/\/thepointsguy.com\/reviews\/1-hotel-hanalei-bay-kauai\/\" rel=\"noopener\" target=\"_blank\">1 Hotel Hanalei Bay: New hotel on Kauai that&#8217;s found at the end of the rainbow<\/a><\/strong><\/p>\n<p>&#8220;The beauty of this platform is the three brands are really diverse,&#8221; Leal told TPG earlier this year <a href=\"https:\/\/thepointsguy.com\/news\/2024-hotel-trends-to-watch\/\">in an interview at the Americas Lodging Investment Summit<\/a> in Los Angeles. &#8220;There&#8217;s totally something different offered to each consumer base.&#8221;<\/p>\n<p>Upcoming developments for Baccarat include locations in Miami; Riyadh, Saudi Arabia; Dubai; and Rome. Future 1 Hotels locations include Paris; Cabo San Lucas, Mexico; Austin; Copenhagen; Riyadh; Seattle; Crete, Greece; Melbourne, Australia; and San Miguel de Allende, Mexico.<\/p>\n<p>The next cities for Treehouse Hotels include Manchester, England; Silicon Valley and Miami in the U.S.; Riyadh; and Adelaide, Australia.<\/p>\n<p>Starwood Capital&#8217;s Sternlicht is best known in the hotel orbit for being the top boss at Starwood Hotels &amp; Resorts and being the brains behind such innovations as W Hotels in its heyday as well as the Westin Heavenly Bed (modeled after a bed at Sternlicht&#8217;s then-home in Connecticut).<\/p>\n<p>But he&#8217;s also known for his precision and careful eye for detail \u2014 thus, it&#8217;s likely SH isn&#8217;t going to flood the world with hundreds of Baccarat Hotels or 1 Hotels.<\/p>\n<p>&#8220;We do want to keep these brands pretty pure for what their ethos is,&#8221; Leal said before adding: &#8220;It&#8217;s possible we could bring another brand under the umbrella.&#8221;<\/p>\n<p>As for what that future brand might be?<\/p>\n<p>&#8220;I do think probably the resort sector needs a little bit more redefining in the luxury space and not just in faraway places like the Maldives,&#8221; Leal said. &#8220;I think that&#8217;s the space that we&#8217;re going to be looking into a lot.&#8221;<\/p>\n<p><b>Related reading:<\/b><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/thepointsguy.com\/news\/baccarat-hotels-maldives\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The luxe Baccarat Hotels brand is adding a Maldives property to its portfolio, but don&#8217;t think it stops there in terms of expansion for the brand \u2014 or for its siblings, 1 Hotels and Treehouse Hotels. Baccarat Hotels &amp; Residences Maldives is slated to open in 2027, parent company SH Hotels &amp; Resorts announced [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","slim_seo":{"title":"Baccarat Hotels' expansion to the Maldives part of larger growth strategy - Vietpearl Travel","description":"[ad_1] The luxe Baccarat Hotels brand is adding a Maldives property to its portfolio, but don't think it stops there in terms of expansion for the brand \u2014 or fo"},"footnotes":""},"categories":[1],"tags":[1018,458,678,235,1020,1019,538,1021],"class_list":["post-12044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-baccarat","tag-expansion","tag-growth","tag-hotels","tag-larger","tag-maldives","tag-part","tag-strategy"],"_links":{"self":[{"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=\/wp\/v2\/posts\/12044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12044"}],"version-history":[{"count":0,"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=\/wp\/v2\/posts\/12044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=\/wp\/v2\/media\/12045"}],"wp:attachment":[{"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietpearltravel.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}