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Accor to run Keong Hong JV hotels

These will be Keong Hong's first in the Maldives; JV to also develop an airport there

Prisca Ang
Published Thu, Apr 16, 2015 · 09:50 PM

Singapore

THE joint-venture company of construction group Keong Hong has appointed French hotel group Accor to run its first two hotel properties in the Maldives.

Keong Hong Construction, the wholly-owned subsidiary of Keong Hong Holdings, has a 45 per cent share in Pristine Islands Investment.

Other shareholders Sansui Holding, BRC Asia and L3 Development each own 15 per cent shares; Hotels & Resort Construction owns the remaining 10 per cent of the joint-venture company.

Pristine was set up last July to own, develop and operate the Pullman Maldives Maamutaa Resort and Mercure Maldives Kooddoo Resort, as well as a do…

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