SH Hotels & Resorts, the hospitality management company founded by Barry Sternlicht, chairman and CEO of Starwood Capital Group, today announced plans to bring the Baccarat Hotels brand to the Maldives.
Expected to open in 2027, Baccarat Hotel & Residences Maldives will span five interconnected islands across more than 111 acres in the South Malé Atoll.
Located a short boat journey away (30 minutes) from Malé’s Velana International Airport, the resort will be partially wrapped around its own shallow-water lagoon and reef system and will offer more than 50 hotel villas and 53 private residences for sale. Crafted by architecture firm HKS with interiors by 1508 London, Baccarat Hotel & Residences Maldives will feature a diverse array of accommodations, from one- to three-bedroom hotel villas—each with their own private pool—to luxury private residences overlooking the lagoon or the pristine beachfront.
It will also have offer six- and seven-bedroom mansions on a secluded peninsula, as well as eight- and nine-bedroom Private Islands—intimate escapes surrounded by the spectacular beauty of the Maldives.
Other amenities will include specialty restaurants run by some of the world’s top chefs, curated retail spaces, a Baccarat-themed crystal garden, an outdoor cinema under the stars, an art gallery and event space featuring work from world-famous artists, and more. Sporting enthusiasts will enjoy a nine-hole golf course, tennis courts, traditional Maldivian fishing excursions, and snorkeling amid the island’s marine life.
Baccarat Hotel & Residences Maldives will also be home to a wellness spa, where guests can indulge in a variety of signature treatments, ranging from therapeutic massages to rejuvenating facials to hydrotherapy circuits in expertly designed plunge pools. The wellness spa will be complemented by dedicated yoga pavilions and a gym.
Above all, the resort will also have a commitment to sustainability and conservation, from a turtle rehabilitation center to eco-friendly initiatives that allow guests to connect with the natural beauty of the Maldives in a responsible and meaningful way.
Baccarat Hotel & Residences Maldives will be owned by Madevco Holdings Limited (ADGM).
“We are excited to unveil Baccarat Hotel & Residences Maldives, which fuses the timeless elegance and modern sophistication of the House of Baccarat, the legendary 260-year-old crystal brand, with the Maldives, a location that is synonymous with paradise,” says Sternlicht. “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.”
“Our debut in the Maldives marks an exhilarating milestone for the Baccarat brand,” says Raul Leal, CEO of SH Hotels & Resorts, the parent company of Baccarat Hotels & Resorts. “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.”
“It’s with immense pride that we announce our collaboration with Baccarat Hotels, a revered name synonymous with luxury for over two and a half centuries, to realize our vision in the Maldives,” says Tristan Parker, Director – Development of MDC Investments LLC, a sister company of Madevco Holdings Limited (ADGM). “This partnership marks an exciting chapter as we become part of the brand’s legacy, introducing the inaugural Baccarat branded hotel and residences in Asia Pacific.”