Occupancy rate declines in December 2014
The occupancy rate of the Maldivian tourism industry declined from 76% in December 2013 to 74% in December 2014,
Maldives selected among 10 Most Popular Overseas Destinations by Global Times Annual Survey
The Global Times Annual Survey ranked the Maldives fifth in the 10 most popular overseas destinations for 2014
SriLankan and Mihin Airlines to be merged
Sri Lanka’s Finance Minister Ravi Karunanayake announced the new government’s decision to merge the national carrier..
Outrigger Konotta Maldives appoints Director of Sales and Marketing
Outrigger Resorts has announced the appointment of Apple Woo as director Apple-Wooof sales and marketing at the Outrigger Konotta
MTDC earns profit of US$438,522 in fourth quarter
The Maldives Tourism Development Corporation (MTDC) earned a profit of US$438,522 in the fourth quarter
Dhiraagu net profit grows to MVR184.5 million in fourth quarter
Local telecommunications provider Dhiraagu earned a net profit of MVR184.5 million
Bank of Maldives posts fourth quarter operating profit of MVR434 Million
The Bank of Maldives Plc Ltd (BML) recorded an operating profit of MVR434 million (US$28 million) for the fourth quarter of 2014.
Mega Maldives to offer in-flight duty-free souvenirs
Mega Maldives Airlines signed a Memorandum of Understanding (MOU) with the Ministry of Economic Development on January 29 to promote..
Cornell report underscores importance of Management Integrity
Acting on stated priorities and not stating priorities that cannot be backed up with action are key to effective management, concludes a report by Cornell..
Tour Operator ‘blue o two’ acquires Maldives Scuba Tours
UK-based dive tour operator ‘blue o two’ has acquired Scuba Tours Worldwide/Maldives Scuba Tours, reports Divernet.
Tourist Arrivals Reach 1.2 Million in 2014
The number of tourist arrivals reached 1,204,857 in 2014, marginally surpassing the tourism ministry’s target of 1.2 million visitors during the year.
Asia Pacific Hotel transaction volume to reach US$8.5 Billion in 2015
Hotel transactions in the Asia Pacific region is expected to increase 15% this year with a projected deal volume of US$8.5 billion.
