Maldives tourism revenue drops by $200m in 8 months

Despite an increase in overall tourist arrivals to the Maldives, the tourism sector has generated $200 million less in income in the first eight months of this year compared to the same period in 2022, according to data released by the Maldives Monetary Authority (MMA), the central bank. The data reveals that Maldives received $2.5 […]

Why Pricing Does Not Equal Revenue Management for Hotels

[vc_row][vc_column][vc_column_text]When Dynamic Pricing was first introduced to revenue management the idea of managing transient pricing for hotels on a day to day basis was considered quite new – even radical. Even as recently as a few years ago, many hotels continued to sell at predefined rate levels, and did not manage rates dynamically. Today, however, […]

Ooredoo Maldives H1 revenue increases 52% to USD 37.7 million

Ooredoo Maldives has reported a 52% increase in revenues for the first half of the year.

Government revenue from import duties, fees and charges increase in 2014

Government revenue from import duties, fees and charges increased 22% in 2014 compared to the previous year, the Maldives Customs Service has revealed. While customs collected a total of MVR1.96 billion during the year, the total C.I.F (cost, insurance and freight) value of goods imported in 2014 was MVR30.7 billion – a 15% rise or MVR4 billion higher than 2014.