The proposed state budget for 2024 indicates that while European arrivals are likely to decrease, the number of tourists visiting the Maldives from other markets, including China, is set to rise, with an anticipated total of over 2 million tourist arrivals next year. On Tuesday, the finance ministry submitted a budget of MVR 49.5 billion […]
The Ministry of Finance predicts an 8.3% increase in tourist arrivals to the Maldives in 2024, according to the Medium-Term Fiscal Strategy Report 2024-2026. In 2022, the Maldives witnessed a more rapid recovery than projected, with an initial estimate of 1.63 million tourists and 10.4 million bed nights. However, the actual figures exceeded expectations, as […]
The first five months of 2015 have seen Sri Lanka’s tourism industry bring in nearly $1 billion in revenue, with record numbers of tourist arrivals also being noted.