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Maldives tourism generates $883 million in Q2 2023
The Maldives Monetary Authority (MMA) has reported that the country’s tourism industry brought in USD 883.4 million (MVR 13.62 billion) in revenue during the second quarter of 2023. According to MMA data, there was a 3% increase in tourist bed nights during this period. Additionally, revenue from transportation saw a 6% boost compared to the […]
LUX* Resorts Maldives Partners with Palazzo Versace Dubai for Twin Stays
LUX* South Ari Atoll and North Male Atoll have partnered with Palazzo Versace Dubai to allow guests of the properties to experience both the tranquility of the Maldives and the glamour of Dubai. The twin stay partnership offers discerning travellers the perfect combination of laid-back luxury in the Maldives and grand opulence synonymous with Dubai. […]
TripAdvisor Goes Down by A Billion in 2020
The world’s largest travel platform had suffered a whopping billion dollars due to the pandemic. Apart from cost cutting, the company has used recalibration and diversification as recovery measures. With strict border controls and restrictions on global mobility, the entire tourism industry was brought to a complete standstill by the pandemic. Suffering tremendous losses, the […]