Dollar Beach

Maldives resorts face financial strain from strict currency exchange rules

The Maldives’ tourism industry which has still not fully recovered from the COVID epidemic is facing a significant hurdle due to a recent regulatory requirement imposed by the Maldives Monetary Authority (MMA) that mandates the exchange of USD 500 per tourist. This rigid policy has sparked widespread concern among resort owners, who argue that it […]

Zamani

GAGE appointed as security partner for the Zamani Islands development

GAGE, a leading security solutions provider, has been selected as the security partner for the highly anticipated Zamani Islands development project. Located in the South Malé Atoll, Zamani Islands is envisioned as a premier luxury lifestyle destination, spanning eight islands and set to introduce the Maldives’ first superyacht marina. Zamani Islands, scheduled to launch its […]

Nasru

Ahmed Nasru promoted to Resort Manager at Kudafushi Resort & Spa

Kudafushi Resort & Spa has announced the promotion of Ahmed Nasru to the position of Resort Manager. In his new role, Nasru will collaborate closely with the General Manager to enhance guest services and elevate the overall guest experience at the resort. Nasru brings a wealth of experience and expertise to his new position. He […]

Tourism Minister

AG’s advice sought to seize 22 islands leased for resort development

In a significant move to address stalled resort development projects, Tourism Minister Ibrahim Faisal has sought the advice of Attorney General Ahmed Usham to cancel the agreements of 22 islands leased for resort development due to lack of progress. During a parliamentary session today, Minister Faisal revealed that a total of 58 islands have been […]

Cocoon & Tawi

The Cocoon Collection hosts exclusive get-together for trade partners in New Delhi

The Cocoon Collection, in collaboration with TAWI LUSH, recently hosted an exclusive gathering for their trade partners at Tonino Ristorante in New Delhi. This event was organized to celebrate the exceptional performance of their Delhi-based partners and to express gratitude for their continued support. The event was graced by key members of The Cocoon Collection […]

Waldorf Astoria Team

Waldorf Astoria Maldives Ithaafushi offers inclusive training program for persons with disabilities

Waldorf Astoria Maldives Ithaafushi, in partnership with the Ministry of Social and Family Development, has launched a groundbreaking 3-month training program designed to empower individuals with disabilities. The program offers hands-on experience in a variety of hospitality roles, equipping participants with the skills and confidence needed to excel in the industry. Upon successful completion of […]

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Struggles of Maldivian airline: Time to let private airlines soar?

As the flag carrier and national airline of the Maldives, Maldivian has long been a symbol of national pride, connecting the scattered islands of the archipelago and serving as a gateway to the world. However, beneath the surface of this emblematic role lies a harsh reality: Maldivian has consistently struggled to operate profitably, raising questions […]

Tourist heroes and a timely reminder: Why swimming skills are vital for resort staff

A recent heartwarming news story highlights the importance of a crucial skill for resort staff: swimming. A tourist couple vacationing at a resort sprang into action when they witnessed a staff member fall into the lagoon from the jetty. Thankfully, their quick thinking and swimming abilities led to a successful rescue. This incident serves as […]

Maldives resort revenue slumps despite tourist arrival numbers

Revenue from Maldivian resorts fell by $529 million (MVR 8 billion) last year, according to a report by the Maldives Association of Tourism Industry (MATI). Total resort revenue for 2023 reached $3.9 billion (MVR 60 billion), down from $4.4 billion (MVR 68 billion) in 2022. This decline in resort revenue contributed to a $406 million […]

Manta Air Goes International: New International Route Connects Bangalore to Dhaalu Atoll in the Maldives

Marking a significant milestone, Manta Air, the Maldives’ leading seaplane and domestic airline, has successfully launched its first international route, connecting Bangalore, India, with Dhaalu Airport in the Maldives. This historic flight, which took off on Friday, February 16th, opens up a new chapter for tourism in the Dhaalu Atoll and streamlines travel for Indian […]

Tourist

Global air travel demand reaches 99% of 2019 levels

In a positive sign for the global tourism industry, the International Air Transport Association (IATA) has reported that air travel demand has surged to 99 per cent of 2019 levels, based on its November 2023 air travel performance data. This resurgence in global travel has not only rejuvenated the aviation sector but has also had […]

Coco Palm Dhuni Kolhu celebrates 25 years of serenity

In a celebration of a quarter-century of tranquility, Coco Palm Dhuni Kolhu marked its 25th anniversary with a grand event. The milestone was honored with a spectacular gala dinner and a lively party at the resort, attended by esteemed owners, industry partners, government officials, and members of the media. Since its opening in 1998, Coco […]

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