The 68-villa mid-scale resort is attached to an airport, with the hotel’s entrance within walking distance of the planes. Kooddoo airport, which was built by Keong Hong in 2011, is a 50-minute flight from the capital city of Male. Leo expects Mercure Maldives Kooddoo to start turning a profit after a year of operations, or even sooner. He estimates the resort could contribute US$2 million ($2.7 million) a year to Keong Hong’s pre-tax earnings. He says, “We are in a segment that I think is going to do very well.”
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