Why Hotel Asia 2026 is an unmissable rendezvous for hoteliers
In the Maldives, luxury hospitality is constantly evolving. With guest expectations rising and the imperative for sustainable operations taking center stage, resort leaders, operational heads, and decision-makers must continuously adapt to stay ahead. The Hotel Asia Exhibition & International Culinary Challenge—marking its landmark 20th edition from September 27 to 30, 2026—stands as the definitive trade […]
Global hotel brands reshape Maldives hospitality landscape
The Maldives, long synonymous with barefoot luxury and idyllic island escapes, is undergoing a quiet but profound transformation in its hospitality sector. As the Asia Pacific region experiences a boom in branded hotel developments, the Maldives has emerged as a key market for global hotel operators aiming to strengthen their footprint in high-value resort destinations. […]
Why constraints drive financial success in hospitality
There’s a curious paradox at work in resort finance: we often believe that freedom from limitations breeds creativity and productivity. But the truth is, in my experience managing multi-million-dollar operations in the Maldives hospitality industry, the opposite is far more accurate. Think about a luxury resort. Guests move through a seamless experience — from speedboat […]
Forex bill proposes optional $500 per tourist exchange
Parliament on Monday received the new foreign exchange bill, which proposes to change the current mandatory requirement for resorts to exchange $500 per tourist optional or to enable them to exchange 20% of revenue instead. The bill was presented by Inguraidhoo MP and PNC parliamentary group leader Ibrahim Falah on behalf of the government. It […]
Maldives faces $1.7b annual economic loss from 88 unfinished resorts
The Maldivian tourism industry is grappling with a substantial setback as 88 resorts designated for development remain incomplete, resulting in an annual economic loss of $1.7 billion, as per the Finance Ministry’s fiscal statement for 2024-26. Maldives, heavily reliant on tourism, considers these unfinished resorts a linchpin of its economic prosperity. However, these 88 islands, […]
LUX* Resorts & Hotels appoints Glenn Daniels as general manager of LUX* South Ari Atoll, Maldives
LUX* Resorts & Hotels has announced the appointment of Mr. Glenn Daniels as general manager of its Maldivian resort, LUX* South Ari Atoll.
