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5 Key Tips for running a successful hotel in Maldives
[vc_row][vc_column][vc_column_text]The Maldives is one of the most unique destinations in the world with its blue skies, clear waters and stunning marine life. Similarly, operating in the Maldives is also a unique undertaking with properties commanding some of the highest Average Daily Rates (ADRs) in the world, self-sustained communities on one island and historically, a wholesale-driven […]
Income tax return deadline extended to accommodate Eid holidays
Maldives Inland Revenue Authority (MIRA) has said that the deadline for filing income tax returns has been extended. In a recent announcement, MIRA said the decision was made to allow individuals and businesses more time to prepare and submit their financial statements for the year 2022, considering the extended Eid holidays falling at the end […]
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 […]