MALDIVES and MCLEAN, Va August 31, 2017 Waldorf Astoria Hotels & Resorts, Hilton‘s (NYSE: HLT) luxury brand of iconic landmark hotels, today announced the signing of a management agreement with Ithaafushi Investments Pvt. Ltd for the brand’s first new-build resort in the Maldives. Located on the exclusive South Male Atoll, the Waldorf Astoria Maldives will be the second hotel in the Maldives for Hilton, adding to a total of 11 Waldorf Astoria Hotels & Resorts properties open or under development in Asia Pacific.

“Waldorf Astoria Hotels & Resorts continues to deliver on its mission to be the world’s fastest growing, most innovative luxury hotel brand, expanding its global footprint with landmark signings in iconic destinations,” said John Vanderslice, global head, luxury and lifestyle brands, Hilton. “Waldorf Astoria Maldives will set a new standard for Maldivian luxury, offering global travellers first class accommodations in a unique and inspirational environment where they can experience our bespoke True Waldorf Service, while enjoying an unforgettable getaway in the Indian Ocean.”

Spanning three islands in the South Male Atoll, approximately 23 kilometres from Velana International Airport, about 20 minutes away from the Maldivian capital of Male, Waldorf Astoria Maldives will offer the best of both worlds – an exclusive, charming escape with easy access to the mainland. The resort will boast 10 dining outlets, including nine specialty restaurants, providing guests with a selection of unique experiences.

“We are thrilled to continue our luxury expansion in Asia by introducing Waldorf Astoria in one of the world's most sought-after destinations. With magnificent natural beauty and an amazing underwater world, the Maldives remains an inspirational choice for world travellers today,” said Guy Phillips, senior vice president of development – Asia & Australasia, Hilton.

The Maldives is famous for its natural beauty and world-renowned dive sites. Consisting of approximately 1,190 islands and sandbanks, encircled by a lagoon of crystal clear water, it is home to exclusive and spectacular underwater life. In addition to the extensive range of water-based adventure sport available, other activities, include exploring island villages, sourcing local handicrafts, visiting the National Museum and watching cultural performances. With its unspoiled beauty and rich and vibrant culture, the Maldives is a perfect getaway.