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Villa Hotels is a trading name of Villa Shipping and Trading Co. Private
Limited, Maldives.
Villa Hotels was established mainly for the purpose of managing and
marketing the resorts owned and operated by the Villa Group of Companies.
Currently Villa Group owns and manages five exclusive island resorts which
are amongst the finest in the Maldives.
All Villa resorts are private, self contained and offer services at the
highest possible quality . Ranging from 3 - 5 star standard, these resorts
have the widest choice of facilities in the Maldives.
Mr. Qasim Ibrahim, is the Founder, Chairman and the Managing Director of the
Villa Group.
Villa Group of Companies
One of the largest private business in the Maldives with major operations in
Shipping, Import and Export, General Trade and Tourism Related Businesses.
Villa Hotels represents the largest number of tourist beds in the country as
a single company.
Villa Group has subsidiary companies in Singapore, Germany, Hong Kong
as well as in Tokyo Japan, to further enhance the business operations. The
Singapore company is involved in trading while the other companies are in
tourism services.
With the right management team, Villa Hotels is now capable of offering
fast, reliable and a high standard of service to tourism related businesses
in the Maldives.
Mission of Villa Hotels
Make Maldives the perfect holiday haven for lovers' of the Sun, Sea and
Sand.
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Quote from Maldivian President, His Excellency, Maumoon Abdul Gayoom's
speech, at the Grand Opening of Sun Island “Mr. Qasim Ibrahim is
indeed a self-made man, displaying the virtues of hard work, versatility and
vision. He has been involved in trading and shipping for over two decades.
Today he is a major Maldivian ship owner and operator. In recent years he
has also become a key player in the tourism industry. He now owns or
operates a number of resort hotels in the Maldives with a combined bed
capacity of over 1,700. I am pleased to note that Mr. Qasim Ibrahim is the
first Maldivian to secure a loan from the International Finance Co-operation
(IFC), which has an impressive track record in identifying and backing
commercially viable enterprises. He is also the winner of three national
awards for his outstanding contributions to trade and tourism development.
His achievements show that opportunity awaits those with vision, energy and
drive. Starting from almost scratch, he has set a fine example for others to
emulate.”
In 1969, Mr. Qasim Ibrahim, after completing his education began his
career as a clerk at the Government Hospital in Male'. Upon completion of a
professional course in Accountancy, he was promoted to the post of
Accountant in 1972. In 1973, after he left his job in the Government
Hospital, he took up an appointment as Manager at M/S Alia Furniture Mart
and subsequently worked for Crescent- a trading organisation, for a short
period. In 1974, he joined an outlet of the Maldivian Government Bodu Store
(MGBS) presently known as the State Trading Organisation (STO). His business
skill as a retail shop manager emerged at this stage and was reflected in
the sharp improvement in the performance of this outlet, which was ranked,
as STO's most efficient. This was the first evidence of his inherent
entrepreneurial skills.
The experience gained during this period provided the motivation for setting
up his own trading business in 1976, with an initial borrowed capital of US$
2,000, which was then equivalent to 15,000 Maldivian Rufiyaa. He traded in
commodities such as rice, tobacco, diesel and kerosene, which proved to be
profitable, and the business experienced rapid growth. During the initial
stages, the business was a complete one-man-show and it was Mr. Qasim's
perseverance, wisdom, and vision that helped it to grow to its current
stature.
As a result of his financial prudence, after only four years in business,
Mr. Qasim was able to accumulate adequate funds to purchase his first
shipping vessel, an old fishing vessel converted to carry cargo and oil, to
facilitate oil imports. By April 14, 1986, Mr. Qasim Ibrahim's business had
expanded to such an extent that a decision was taken to register his
business under the name of Villa Shipping and Trading Company Limited
(Villa). Thus came in to existence a company, which later went on to be one
of the largest in the Republic of Maldives. Since then, the Company has
diversified its business to include tourism and inter island marine
transport under its umbrella. In addition, the Company trades in an
increasing number of products in the Maldives. "Shell" and "Agfa" are two
such renowned brand names represented by Villa in the Maldives, as a Sole
Agent.
On the Registration the shareholders were Mr. Qasim Ibrahim and Mrs. Rabia
Hussein holding 95% and 5% respectively of the share capital. For strategic
reasons, Villa Shipping (Singapore) Pte Limited was incorporated in
Singapore on December 19,1991 with Villa holding a major interest. The paid
up capital by Villa shipping (Singapore) now stands at S$ 500,000.
In October 1996, representative office, with the primary objective of
promoting Villa resorts, opened in Frankfurt, Germany. Constraints on the
activities permitted through the representative office led to the creation
of a company with wider objectives. Villa Holidays Touristik GmbH was
incorporated by Mr. Qasim Ibrahim on 23rd July 1997 with a paid-up capital
of DM 500, 000. The purpose of establishing this private limited company
registered with German authorities is to act as a wholesaler for Holiday
packages to the Maldives, an agent for sales of hotel rooms in the Maldives,
sale of air tickets, and a vehicle for acquiring and trading of tourism
related properties and real estate such as hotels and resorts world wide.
In the year 2001 and 2002 Villa Hotels, Tokyo and Villa Hotels, Hong Kong
were established repectively. The objective is to further streghten the flow
of tourists to Villa Hotels from the Asia Pasific markets.
In terms of keeping abreast in the Maldives, Villa is in the process of
filling its senior cadre with Professionals in their respective fields. Over
a period of time, Mr. Qasim Ibrahim has emerged as a well-recognised and
respected personality in the Maldives, culminating in his election as a
Member of Parliament in 1989. In addition, he has held and still holds
various other posts in a number of Government committees and regional
bodies. The following are some of the key positions held by him, bearing
ample testimony to his business acumen and leadership.
PRESIDENT SAARC Chamber of Commerce and Industry
PRESIDENT Maldives National Chamber of Commerce and Industry (MNCCI)
FOUNDER MEMBER Maldives National Chamber of Commerce and Industry (MNCCI)
FOUNDER MEMBER Maldives Association of Tourism Industry (MATI)
VICE PRESIDENT & BOARD MEMBER Maldives Association of Tourism Industry (MATI)
BOARD MEMBER Maldives Ports Authority (Government Appointment)
FORMER BOARD MEMBER Bank of Maldives
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