Cocoon Resorts Inc.

What Cocoon Resorts Inc. does

Cocoon Resorts Inc. operates Cocoon Maldives, a 150-villa luxury resort situated on Ookolhufinolhu Island in the Lhaviyani Atoll of the Maldives. The property opened in 2016 as part of The Cocoon Collection and is positioned as the first design hotel in the Maldives, with interiors exclusively designed by Italian design firm LAGO. It serves international luxury travelers seeking premium Maldivian island experiences and offers three restaurants, two bars, a spa, and on-site diving and watersports through its partnership with Oceanico Maldives. The resort's customer base is distributed across direct bookings, major online travel agencies, and tour operators, with no single anchor client dominating revenue.

The underlying product is a full-service luxury island resort experience: the 150-villa inventory serves as the core revenue base, supplemented by diversified on-property spend across food and beverage, spa, diving, excursions, and weddings. The LAGO design partnership functions as the brand's central differentiator and visual identity, while the geographic exclusivity of an Ookolhufinolhu Island concession provides regulatory and locational barrier to direct replication. The Cocoon Collection has extended its footprint with a sister property, You & Me Maldives, in Raa Atoll, signaling measured multi-property expansion within the Maldivian archipelago.

The business model relies on nightly villa rates at mid-to-upper luxury positioning, supplemented by ancillary F&B, spa, and activity revenue per guest. Distribution is split between direct booking (supported by mobile app infrastructure) and indirect channels including OTAs and tour operators. Operational leadership is provided by Managing Director Alessandro Azzola and Corporate General Manager Ahmed Jihad (Jay), appointed in September 2021. No public revenue or financial disclosures are available.

Name

Cocoon Resorts Inc.

Legal name

The Cocoon Collection

Website

https://cocoonmaldives.com

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Product category

Luxury Resort Hospitality

NAICS

Traveler Accommodation (7211)

SIC

Hotels & Motels (7011)

akta.pro primary industry

Luxury Private Island Resorts (THAGACAL)

akta.pro secondary industries

Beach & Island All-Inclusive Resorts (THAGAKAG), Luxury All-Inclusive Resorts (THAGACAI)

Keywords

• Luxury resort hospitality
• Designer villa accommodations
• Island resort services
• All-inclusive resort packages
• Spa and diving services

Headquarters

HQ city

Ookolhufinolhu Island

HQ country

Maldives

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Luxury Resort Accommodations: Cocoon Maldives generates primary revenue through guest villa and suite rentals. The resort offers 150 guest villas across 8 categories including Beach Villas, Beach Suites, Family Beach Villas, Lagoon Villas, Lagoon Suites with Pool, Lagoon Suites with Slide, and the Cocoon Presidential Suite. Pricing varies by villa type and season, with promotional offers including 15-30% discounts for advance bookings.
2. Food & Beverage Operations: Revenue from three restaurants (Octopus main restaurant, Manta overwater restaurant, Japanese Garden) and two bars (Kurum-Bar, Loabi Loabi pool bar). The resort operates on an all-inclusive basis with breakfast, lunch, dinner, snacks, and curated beverage selections included in the package.
3. Spa & Wellness Services: The Cube Spa at Cocoon Maldives offers therapeutic treatments, facials, and full-body rituals designed to restore balance, beauty, and energy. Revenue generated from spa treatments and wellness services.
4. Water Sports & Diving: The Water Sports & Dive Centre, managed by Oceanico Maldives, offers diving courses (PADI certification), bespoke dive trips, and water sports equipment rentals including jet skis and snorkeling gear.
5. Excursions & Activities: The resort offers various excursions including Dolphin Cruises, Sunset Fishing, Snorkeling Explorer, Big Game Fishing, Local Island Tours, Hanifaru Bay Excursions, Picnic Island trips, and Private Sandbank affairs. Additional entertainment services including fishing, photography studio, and wedding services.
6. Wedding Services: Cocoon Maldives offers wedding packages on a private sandbank adjacent to the resort, including romantic dinner setups, ceremonies, and event planning services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Cocoon Maldives operates a five-star luxury resort on Ookolhufinolhu Island in the Lhaviyani Atoll offering 150 Italian-designed villas across 8 categories, alongside all-inclusive dining across 3 restaurants and 2 bars, spa and wellness treatments, PADI-certified diving and water sports, family facilities, wedding services, and curated excursions. The resort operates on a direct-to-consumer basis with bookings through its own website, mobile apps, phone reservations, and partner OTAs, targeting design-conscious luxury travelers, honeymooners, families, and diving enthusiasts.

Product overview

Cocoon Maldives is a five-star luxury resort on Ookolhufinolhu Island in Lhaviyani Atoll, Maldives—the first design hotel in the country. The resort offers a unified hospitality experience combining Italian design excellence by LAGO with Maldivian natural beauty. Accommodation comprises 150 villas and suites across eight categories: Beach Villa (50 sqm), Beach Suite (70 sqm), Beach Suite with Pool (70 sqm), Family Beach Villa (100 sqm), Lagoon Villa (65 sqm), Lagoon Suite with Slide (70 sqm), Lagoon Suite with Pool (90-100 sqm), and the Cocoon Presidential Suite (300 sqm). Dining is provided through five venues: Octopus Restaurant (international buffet), Manta Restaurant (overwater fine dining), Japanese Garden (Teppanyaki), Kurum Bar (sunset bar), and Loabi Loabi Bar (pool bar). Additional services include The Cube Spa, Water Sports & Diving Center (Oceanico Maldives), Kids Club, IMStudio photography, wedding services, excursions, fitness center, and entertainment programming. The resort features LAGO INTERIOR LIFE NETWORK design philosophy throughout, with floating beds, wildwood furnishings, and interactive 'Talking Furniture.' Guests can book packages including Early Bird Savings (20-30% discounts), Winter Escapes (20% off), Honeymoon Getaway (15% off), and Family Getaway (15% off).

Differentiator

Problem solved

Functional benefit

Brands

• Manta Restaurant: Overwater à la carte dining restaurant offering romantic candlelit dinners in the lagoon, winner of TripAdvisor Travelers' Choice Award 2022.
• Octopus Restaurant
• Japanese Garden
• Kurum-Bar
• Loabi Loabi Bar
• The Cube Spa
• Kids Village

Products and services

• Beach Villa

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• You & Me MaldivescoreStrategic or Co-development Partner · 5 September 2021You & Me Maldives is a sister property under The Cocoon Collection brand, located in the Raa Atoll. Ahmed Jihad (Jay) serves as Corporate General Manager for both properties. You & Me is positioned as a romantic, adults-only (16+) resort with fine dining restaurant H2O by Andrea Berton.
• LAGO (Daniele Lago)coreStrategic or Co-development PartnerLAGO, the award-winning Italian design company led by Daniele Lago, exclusively designed all 150 villas, suites, restaurants, and public areas at Cocoon Maldives. The partnership includes the TALKING FURNITURE technology system with embedded chips and the LAGO WELCOME program, positioning Cocoon as part of the LAGO INTERIOR LIFE NETWORK philosophy dedicated to the lodging industry.
• Oceanico MaldivescoreStrategic or Co-development PartnerOceanico Maldives manages the Water Sports & Dive Centre at Cocoon Maldives, providing fully-equipped diving facilities, certified diving professionals, PADI certification courses, and bespoke dive trips to the atoll's most vibrant dive sites.
• IMStudio MaldivesminorStrategic or Co-development PartnerIMStudio provides professional photography services at Cocoon Maldives, offering guests 'experience specialists' photographers who capture memories using the resort's iconic architecture and natural beauty as backdrops.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• One&Only Reethi Rah: Ultra-luxury Maldives villa resort with private beaches, spa, diving, and curated experiences. Comparable on high-end villa luxury, multiple F&B outlets, and experiential programming.
• You & Me Maldives: Sister resort under The Cocoon Collection, also a luxury Maldives all-inclusive property sharing the same corporate general manager and design-forward positioning. Most directly comparable on business model, ownership, and target customer.
• W Maldives: Design-forward luxury resort in the Maldives with all-inclusive and villa-based offerings. Comparable on lifestyle/design-led brand identity and aspirational Maldives positioning.
• JOALI Maldives: Art-and-design focused luxury resort in the Maldives with a curated design narrative. Comparable on villa-based luxury accommodations, design-led differentiation, and experiential guest programming.
• Anantara Kihavah Maldives Villas: Luxury overwater and beach villa resort in the Maldives with multiple restaurants, diving, spa, and excursions. Comparable on full-service villa offering and amenity breadth.
• Soneva Jani: Ultra-luxury overwater villa resort in the Maldives with strong design identity and sustainability positioning. Comparable on villa count scale, premium pricing, and design-led luxury positioning.

Broad incumbents

• Conrad Maldives Rangali Island: Hilton-operated luxury Maldives resort with overwater and beach villas, multiple restaurants, spa, and diving. Comparable on amenity breadth and target customer segments; benefits from broader Hilton distribution.
• Cheval Blanc Randheli: Ultra-luxury LVMH-owned Maldivian resort with strong design pedigree and Michelin-caliber dining. Comparable on design-driven luxury and premium ADR positioning.
• Six Senses Laamu: Established luxury Maldives resort under Six Senses (IHG) brand with strong wellness, sustainability, and villa-based offerings. Comparable on full-service villa luxury and wellness/spa positioning.
• Four Seasons Resort Maldives at Landaa Giraavaru: Global luxury incumbent operating a flagship Maldives resort with extensive villa accommodations, spa, diving, and dining. Comparable on scale of operation and amenity breadth; broader brand portfolio differentiates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/cocoonmaldives
• LinkedInlinkedin.com/company/the-cocoon-collection
• Instagraminstagram.com/cocoonmaldives

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cocoon Resorts Inc.