Govt proposes Real Estate Tax to replace TGST on long-term resort villa rentals
The government has introduced an amendment to replace the Tourism Goods and Services Tax (TGST) with a real estate tax on long-term rentals of villas or rooms in Maldives resorts. The proposed tax change, outlined in an amendment to the Tourism Act, underwent its first reading in parliament on Wednesday. Under the amendment, a tourism […]
Tourism ministry introduces regulations for long-term resort villa rentals
The Ministry of Tourism in the Maldives has unveiled a set of new regulations aimed at governing long-term villa rentals within resorts. The “Regulation on Long-Term Rental of Villas or Rooms on Strata Basis” officially took effect on Tuesday. Per these guidelines, any villa within a resort or integrated resort must be registered with the […]
Th. Ruhthibirah island up for bidding for resort development
On Sunday, the Maldivian Ministry of Tourism officially commenced the bidding process for the development and operation of a resort on Ruhthibirah Island, located in Thaa Atoll. Key details about the bid: The island spans 8.41 hectares in size, providing ample space for the development of tourist facilities The ministry has proposed a minimum requirement […]
The 12th Hotel Asia Exhibition & International Culinary Challenge kicks off at Dharubaaruge
[vc_row][vc_column][vc_column_text]The 12th edition of Hotel Asia Exhibition & International Culinary Challenge has officially opened this morning with an inauguration ceremony held at Hiriyaa Maalam, Dharubaaruge’. The three-day event taking place at Dharubaaruge’, Male’, is organised by the Maldives Exhibition and Conference Services (MECS) together with the event’s long-standing partner and main sponsor Bestbuy Maldives Pvt […]
Organisers gear up for 12th edition of Hotel Asia Exhibition & International Culinary Challenge
[vc_row][vc_column][vc_column_text]The 12th edition of the annual Hotel Asia Exhibition and International Culinary Challenge will be held from 5 to 7 September. This year’s event is once again supported by the Ministry of Tourism of Maldives along with the Sri Lanka – Maldives Bilateral Business Council and the National Chamber of Exporters of Sri Lanka. This […]
An analysis of demand and supply in the Maldives
[vc_row][vc_column][vc_column_text]Visitor arrivals and major indicators Maldives has been maintaining its position as one of the most attractive holiday destinations in 2016 with an average arrival growth rate of 1.7% for inbound international tourists in the first half of the year 2016. The year began with a strong performance with a growth rate of 11.7% on […]
Maldives celebrates Chinese New Year 2016 in Maafushi
MMPRC, together with the Ministry of Tourism and Guest House Association of Maldives have organised a number of activities to celebrate the Chinese New Year. The celebrations will be held at Maafushi today.
Maldives records 1.1 million tourist arrivals this year at the end of November
Tourist arrivals for the year so far totalled 1,114,993 at the end of November, an increase of 1.3% compared to the same period last year.
Latest Maldives Visitor Survey: 93 percent say holiday expectations were met
The Ministry of Tourism in association with CDE Consulting undertook a Maldives Visitor Survey from September 21 to October 4 this year.
609,105 tourist arrivals recorded for first six months of 2015, reports Tourism Ministry
The Maldives Ministry of Tourism has reported 609,105 tourists to have visited the Maldives this year up till the end of June. This is a 1.3% increase compared to the 601,513 tourist arrivals recorded for the same duration last year.
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.
