From 23 December 2007 to 08 January 2008, a cancellation penalty will be at 100 percent of the stay if booking is cancelled within 30 days prior to arrival, 50 percent of the stay if it is cancelled within 60-45 days prior to arrival and 30 percent of the stay if the booking is cancelled within 45-60 days prior to arrival. The Taj Exotica Resort and Spa, a luxury leisure resort and Spa, part of the award winning Taj Group of Hotels, situated in the middle of one of the largest lagoons in the Maldives. Emboodhu Finolhu, once known as the ??three coconut island??, this romantic retreat is a heaven of relaxation, peace and tranquillity surrounded by clear blue waters and covered with tropical plants and coconut palms. The natural beauty of the island and lagoon which is one of its kind has been carefully preserved and integrated with all the tastefully appointed accommodation and guest areas to give the resort a stylish yet residential lifestyle feel. The elaborate Spa, varied food and beverage, choice of water sports and diving makes the resort a complete destination. In recognition of providing our guests a magnificent experience and setting a benchmark in overall hospitality Taj Exotica Resort and Spa, Maldives was declared joint winner of 'The Best Hotel Resort' by Harpers and Queen in a glittering award ceremony in London on 11th December. Harpers and Queen readers worldwide, opinion makers and others commissioned by the magazine were asked to vote on the winners. It is a very prestigious award to win as it positions and recognises the resort and its ability to be a preferred destination for the most discerning of clientele.