Maldives Experiences Healthy Occupancy This Year
According to data sourced by STR, A CoStar Group Company, the Maldives is experiencing healthy occupancy this year. Occupancy ranges between 70-80% on most nights. In the second half of february, occupancy exceeded 80% on multiple nights.
Although business on the books is booming, it is slightly less than it was at the same period of last year. The slight decrease is likely due to competition from Western destinations that were closed or newly reopened in this period last year.
STR’s data set is robust with data from over 105 hotels & resorts in Maldives.
Featured Image: Unsplash
Related Posts
Maldives named ‘Islands with the Best Places to Stay’ at Condé Nast Traveller’s Readers’ Travel Awards
[vc_row][vc_column][vc_column_text]Maldives has been named the ‘Islands with the Best Places to Stay’ at the Condé Nast Traveller’s 2017 Readers’ Travel Awards, reaffirming its position as one the world’s preferred destinations. The annual awards ceremony was held at the Ham Yard Hotel in central London on September 4, 2017. “We are incredibly honoured that the readers […]
Hotel Budget Season: Are you Ready for 2023?
A hotel budget is a plan that explains how revenue will be generated and spent each month for the upcoming year to reach the goals and objectives. It also helps hotels to make sure there’s enough money every month to pay the bills and reserve money for other expenses such as investments. In other words, the […]
Tourism Ministry trains Inspectors to check standards of guest houses and travel agencies in Atolls
A workshop to train guest house and travel agency inspectors was initiated by the Ministry of Tourism last Wednesday. Some 20 staff from 17 council secretariats participated. The one day event covered theoretical aspects of such inspections including registration procedures, regulations governing guest houses and travel agencies. Further to this, Maldives Inland Revenue Authority also did a presentation on taxation.
