Maldives tourism weakens as occupancy growth slows, bed nights declines

The Maldives tourism sector, which is the main source of foreign exchange earnings for the island nation, has faced a slowdown in its growth, according to the latest data released by the Maldives Monetary Authority (MMA). According to the the central bank’s Monthly Economic Update (October 2023), total tourist arrivals in September 2023 stood at […]

Occupancy rates decline in Maldives in November as fish exports fall, reports MMA

November saw 90,218 tourists arrive, a 14% drop in monthly terms, the Maldives Monetary Authority’s Monthly Economic Review reveals.