Maldives’ 2023 tourist arrivals exceed 1.8m target by 78,537
Tourist arrivals in the Maldives for 2023 crossed the government’s projected estimate of 1.8 million by 78,537. The government had initially anticipated 1.8 million tourist arrivals for the year, a goal that was achieved on schedule. According to the Tourism Ministry’s statistics, 2023 witnessed the highest influx of tourists in the nation’s history, totalling 1,878,537 […]
Maldives plans 5 resorts in Kaafu Atoll for tourism diversification
The Visitor Economy Council, established after the new government’s inaugural cabinet meeting, is set to initiate the development of five resorts in the Kaafu atoll, aiming to broaden the spectrum of tourism in the Maldives. Tasked with promoting diverse tourism sectors across the nation, the council’s focus extends beyond traditional tourism, encompassing areas such as […]
Unlocking opportunities: Exploring the absence of Maldivian leadership in international hotel chains
The Maldives is a dream destination for many travellers, who flock to its stunning beaches, colourful coral reefs, and lavish resorts. It has won the World Travel Awards as the best tourist destination for three years in a row, from 2020 to 2022. But behind the scenes, there is a puzzling phenomenon that deserves attention: […]
China set to become Maldives’ top tourism market by year-end
Maldives is witnessing a surge in tourism arrivals from China, signalling a significant shift in its tourism landscape. Tourism Minister Dr Abdulla Mausoom predicts that by the end of the year, China will surpass all other countries to become the number one source market for tourism in the Maldives. This year alone, the Maldives has […]
Maldives tourism generates $883 million in Q2 2023
The Maldives Monetary Authority (MMA) has reported that the country’s tourism industry brought in USD 883.4 million (MVR 13.62 billion) in revenue during the second quarter of 2023. According to MMA data, there was a 3% increase in tourist bed nights during this period. Additionally, revenue from transportation saw a 6% boost compared to the […]
Maldives named world’s top bucket list experience
With travel now back to normal for many countries after a few years with restrictions in place, there’s more opportunity to get back out there to explore and tick off things from your bucket list, whether that be travelling far away or keeping things closer to home. To reveal the most popular travel bucket list […]
Maldives hospitality market expected to reach $864b by 2028
The hospitality market in the Maldives has reached a valuation of USD 558.10 billion, with projections indicating a Compound Annual Growth Rate (CAGR) of 9.15% that will drive it to USD 864.81 billion by 2028. These findings emerge from a recently released market research report titled “Maldives Hospitality Market Report (2023-2028).” The Maldivian hospitality sector […]
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 […]
Hospitality consultancy firm HVS publishes In Focus Report on the Maldives
HVS, a global hospitality consultancy firm, has published an in-depth report on the Maldives as part of their In Focus series. The report details the recent tourism trends in the Maldives, covering areas such as tourist arrivals, aviation, overall resort market wide performance and luxury market resort trading performance.
