Maldives tourist arrivals cross pre-pandemic highs; on track to reach annual target
The Maldives has hit an all-time high in tourist arrivals, signalling a stride towards achieving its annual tourism goal. In 2019, the Maldives welcomed 1,702,831 visitors, marking the highest tally for any year. However, as of December 12 this year, the nation has already surpassed this figure with a record 1,752,706 arrivals. This surge, the […]
Maldives hotel performance weakest in Asia Pacific, new study reveals
Hotels and resorts in Maldives posted the weakest performance in the Asia Pacific region, with Gross Operating Profit Per Available Room (GOPPAR) at -11.8% in the past 12 months, according to the most recent Asia Pacific Hotels Monitor put out by hospitality advisory firm Whitebridge. The last 12 months saw many good performers in the […]
Maldives tourism sees mixed performance in Oct; occupancy drops by 5%
The Maldives tourism sector recorded a mixed performance in October 2023, according to the latest Economic Update report released by the Maldives Monetary Authority (MMA) on November 30. The report showed that total tourist arrivals stood at 159,141 in October, registering an increase of 4% when compared with October 2022, whereas bednights declined by 3%. […]
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 […]
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 […]
Maldives tourism in precarious state, MATATO says
The Maldives Association for Travel Agents and Tour Operators (MATATO) on Thursday unveiled the findings of a recent survey highlighting the fragile state of the country’s tourism industry. MATATO’s President, Abdulla Giyas, presented the results of the survey, which involved more than 2,000 participants, at a press conference. Notably, these participants included not only local […]
Debt, weak policies affect Maldives’ tourism, investor appeal, new MATATO report warns
The Maldivian economy is in a fragile state primarily caused by a dollar crisis and excessive government expenditure, with negative impacts on the local tourism sector and investor interest in the destination, a new study by the Maldives Association of Travel Agents and Tour Operators (MATATO) said on Thursday. The report, based on extensive qualitative […]
Maldives sees increase in Middle Eastern travellers!
On an international scale, a report by the UN World Tourism Organisation (UNWTO) foresees 35 million tourists from the Middle East travelling to foreign destinations by the year 2020. This is a recognition worthy number to take a second look at, as the Middle East is increasingly becoming one of the best markets to tap […]
Overview of tourist accommodation facilities in the Maldives: Hotels and guesthouses
The unique and natural beauty of the Maldives coupled with the one-island-one-resort concept attracts droves of tourists to the luxury destination, but it is not solely dedicated for the affluent traveller—the country offers various types of accommodation options catering to a diverse range of preferences; from luxury to budget travellers and backpackers, etc. These facilities […]
Almost 1 Billion international tourists in the 1st nine months of 2016
[vc_row][vc_column][vc_column_text]Statistics by the United Nations World Tourism Organisation’s World Tourism Barometer has revealed that world welcomed 956 million international tourists between January and September 2016. This is a 4% increase compared to the same period in 2015, where 2016 saw 34 million tourists travelling over the same period. According to the report, Demand for international […]
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 […]
Tourism Sector Overview: Q1-2016 Maldives & Asia Pacific
[vc_row][vc_column][vc_column_text]According to the statistics by the Ministry of Tourism Maldives, the year 2016 began with promising performance as international tourist arrivals totaled 344,166 at the end of quarter one. This is an increase of 4.3% compared to the arrivals in the 1st quarter 2015. However, the rest of the key indicators depicted a decreasing trend […]
