Resorts Report Impressive January 2023 Service Charge
Following a successful festive season, resort staff received some of the highest service charges in January 2023. The first month of the year typically has the highest service charge. Irrespective of position, every resort’s staff is entitled to receive an equal amount of service charge. This January, Cheval Blanc Randheli staff received an impressive $3,540.31 […]
Nova Maldives is Celebrating International Women’s Day
Nova Maldives is celebrating International Women’s Day and marking 8th March 2023 in style. The soulful island has crafted an array of special activities for women to recognise and honour their incredible achievements and immense contribution to the world. A special event awaits all guests as they can join a snorkelling journey with Hamna Ali. […]
Sandies Bathala Initiates Coral Conservation Program
Sandies Bathala initiated a coral garden conservation program. This effort is in line with the resort’s pledge to prioritize ocean conservation and protect the natural environment for future generations. Featured Image: Coral fragments at Sandies Bathala The resort’s team of marine biologists have started the first stage of the coral conservation program by establishing a […]
MATI Hosted 33rd Annual General Meeting and Book Launch
On February 19, 2023, The Maldives Association of Tourism Industry (MATI) hosted its 33rd annual general meeting at Kurumba Maldives. The meeting was well attended by over 96 members. The meeting commenced with opening remarks by MATI’s Chairman, Mr. Mohamed Umar Maniku. The Vice Chairman Mr. Hussain Afeef and Secretary General Mr. Ahmed Nazeer also […]
Revenue from Tourism Land Rent Increased 12.5%
In January 2023, the revenue from the tourism land rent increased by 12.5% compared to the same period last year. Last month the state collected MVR 6.1 million in tourism land rent. Last year, the government proposed an amendment to the Tourism Act that would reduce resort land rent. The amendment would have cut USD […]
19 Maldivian Resorts Awarded 4 or 5 Stars in 2023 Forbes Travel Guide Star Awards
19 Maldivian resorts were awarded either 4 or 5 stars in the 2023 Forbes Travel Guide Star Awards. The Forbes Travel Guide is the largest independent, global rating agency for luxury hotels, restaurants, spas and ocean cruise ships. Every Star Rating is given through an objective, independent process. The Forbes Travel Guide began in 1958, […]
The Ritz-Carlton Maldives, Fari Islands Awarded Forbes Travel Guide 5 Star Award
The Ritz-Carlton Maldives, Fari Islands has earned a Forbes Travel Guide Five-Star award, the only global rating system for luxury hotels, restaurants, spas and ocean cruises. The resort’s excellence in hospitality is unquestionable as The Ritz-Carlton Maldives, Fari Islands, received this honor during its first full year of operation. “We are incredibly honored to receive […]
Government to Relinquish Shangri-La Villingili Stakes
Shangri-La Villingili Resort & Spa is a three-km-long archipelago studded with 147 villas and over 12-hectares of lush foliage. The Hong-Kong multinational hospitality brand was developed in Addu through collaborative investments of Addu Investment Pvt (70 percent) and the government of Maldives (30 percent). Last month – during a visit to Addu City – President […]
FHAM Dates Announced for May 2023
Food and Hospitality Asia Maldives (FHAM) has announced the dates for the next exhibition will be held on May 8-10, 2023 in Hulhumale Central Park. FHAM is the premier international hospitality trade fair in the Maldives. Interested exhibitors are invited to book stalls now to showcase their latest products, services and innovations. FHAM is also […]
Maldives Discards Written Approval Requirement for Resort Share Transfer
On Sunday, the Maldives government amended regulations to allow resort owners and operators to transfer shares without obtaining a prior approval from the Tourism Ministry. The amendment eliminates the following clauses: Requirement for a prior written permission from the tourism ministry for share transfers related to tourism businesses. The requirement to submit a share certificate […]
Maldives Records The Highest Daily Arrivals Post-Pandemic
Maldives welcomed 8,028 arrivals on Saturday, 11th February 2023. The Tourism Ministry stated that it is the highest number of arrivals to be recorded within a single day since the pandemic. The most recent peak prior to this instance was on 26th December with 7,621 arrivals. The world’s leading destination of the past three years […]
65% Increase in TGST Revenue
Maldives Inland Revenue Authority (MIRA) has reported an increase of 65 percent in Tourism Goods and Service Tax (TGST) revenue, as compared to the previous year. The Monthly Revenue Collection Report published on MIRA’s website states that an increment of 43.1 percent was recorded in January 2023 in comparison to the same period last year. […]