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%. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
The year 2015 was an impressive year for the global tourism industry with a 4.4% growth in international tourist arrivals according to UNWTO World Tourism.
Knowledge and insight regarding visitor travel behavior can have huge implications on how the tourism products are targeted and positioned.