5-Step Plan for an Effective Hotel P&L Statement
Hotel Management isn’t merely about strategy. There are many layers, each of which requires your undivided attention. Hotel asset management, human resources, operations, budgeting, and income and cost control are but a few areas which need focus, as well as the requisite knowledge and skill. But how can you efficiently assess the business areas that […]
China Jumps to Maldives 7th Largest Source Market
China has overtaken France to become the Maldives 7th largest source market. As of April 25, 2023, the Maldives received 26,802 Chinese tourists. China currently enjoys 4.1% market share. Prior to the pandemic by the end of April, 2019, China was the Maldives’ largest source market, with 14.7% market share and 95,272 arrivals. Chinese tourists […]
New Details on Rosewood Ranfaru Resort Opening
Rosewood Hotels & Resorts is opening their first resort in Maldives, Rosewood Ranfaru, in 2027. The resort will stretch across a chain of islands in a lagoon in South Malé Atoll. The resort is a 35 minute yacht ride or 10 minute seaplane ride from Velana International Airport. Rosewood’s A Sense of Place® philosophy will […]
The Importance of Profit and Loss Statements for Independent Hotels
A hotel profit and loss (P&L) statement provides an analysis of a hotel’s revenue, cost, and profit performance. It helps one understand how much bottom-line margin the property is making. Therefore, it is essential for any hotel manager to fully understand each line item of their P&L statement, and where pertinent, how to interpret the […]
Wellness Preferences of Travelers from Across the World
Wellness travel has surged in popularity as travelers seek experiences that promote physical, mental, and emotional well-being. Maldives is an ideal wellness destination with luxurious spa retreats, outdoor yoga classes and healthy cuisine options. This article explores the unique self-care and wellness practices preferences of travelers from different countries of residence, including India, the United […]
Finolhu Baa Atoll Appoints Chef Emmanuel Soares as Culinary Director
Seaside Finolhu Baa Atoll Maldives has appointed Emmanuel Soares as the resort’s new Culinary Director. A passionate and award-winning chef, Emmanuel’s 35 years of experience in the restaurant, catering and hotel business have seen him hold prominent positions in Europe, South America, the Caribbean, North Africa, the Middle East and Asia. Born in France, Emmanuel […]
Chef of the Month: David Saria
David Saria is the head baker at Niyama Private Islands Maldives David Saria hails from Arusha, a small city in the shadow of Mount Kilimanjaro, East Africa. Growing up in a small family, his mother was always cooking and baking, surrounding David with food from an early age. This ignited a love of cookery that […]
DJ Bianca Gascoigne to Visit LUX* South Ari Atoll for Full Moon Pool Party
LUX* South Ari Atoll is hosting celebrity DJ Bianca Gascoigne on May 4-9, 2023, for extraordinary entertainment in the tropics. The UK DJ Bianca first appeared on TV screens in 2006 as a popular contestant of “Celebrity Love Island.” This started her series of television shows wins, including “Celebrity Gladiators” and “Celebrity Five Go to…” […]
South Korea Climbs to Maldives 10th Largest Source Market
On April 10, 2023, South Korea replaced Austria as the Maldives’ 10th largest source market. South Korea climbed to the leaderboard with 9,947 arrivals, comprising 1.7% market share. Historically, South Korea has been a significant source market for Maldives. In 2022, South Korea was the Maldives 9th largest market with 2.1% market share. In 2019, […]
Ultimate Summer Staycation Offer at Reethi Beach Resort
Reethi Beach Resort is offering guests an ultimate summer staycation! Bask in the sun, take a rejuvenating swim in the lagoon and indulge in a scrumptious high tea overlooking the Indian Ocean. The ultimate staycation provides guests with exclusive discounts on longer holidays. This summer let the swaying of coconut palms and the gentle lapping […]
Mirihi Island Resort Celebrates 20th Anniversary
This year, Mirihi Island Resort celebrates its 20 year anniversary of bringing luxury hospitality to the Maldives. In 2003, Swiss entrepreneur Amy Stierli and her business partner Hussain Afeef, Maldivian pioneer of tourism, opened Mirihi’s doors to guests to experience the tranquility of the Maldives. In 2018, the ownership of the resort was passed to […]
Maldives Identified as a Promising Destination for Property Investment
CBRE Thailand has identified Maldives as a promising destination for property investment. The Maldives is a market that has high growth potential and is currently under-supplied with predicted high returns. The destination has experienced a strong post-pandemic recovery by broadening the target tourist market. The growth and attraction of a wider range of tourists has […]
