Soneva Group to Focus on Resorts with Private Residences; Relinquishes Management of Soneva Gili

The Soneva Group, the new company formed following the divestment of the Six Senses and Evason brands, has unveiled plans to focus on developing resorts with private residences.

The move will see the Soneva Group relinquish management of Soneva Gili in the Maldives, which is being sold by majority shareholders Capital Holdings and HBOS, to a new owner.

The Soneva Group will now focus on developing the private residence portfolio at Soneva Fushi and Soneva Kiri as well as opening new privately owned resorts in the future.

Soneva Gili was the only Soneva resort that does not contain private residences.

The deal to sell the management contracts of the majority of Six Senses and Evason branded resorts and spas is scheduled to close within the next few weeks.

Sonu Shivdasani, the Chairman and CEO of the Soneva Group, said, "This is in keeping with our decision to focus on developing private residences at Soneva branded resorts. Soneva Gili did not offer that potential. We will also focus on developing further Soneva resorts that will include a significant number of residential options."

The Soneva Group is looking at other remote but accessible islands to re-create an additional resort in the Maldives with the potential to sell overwater private residences in keeping with its new strategy.

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