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.
