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 sets 2m tourist arrivals target for 2024; European arrivals likely to decline
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 […]
Maldives tourist arrivals reach 1.5 million; India back in second position
The number of tourists visiting Maldives this year has hit a total of 1.5 million. According to statistics released by the tourism ministry on Sunday, 1,505,366 tourists arrived in Maldives by Saturday, marking a 13.4% increase compared to the same period last year. Russia remains the leading market for tourist arrivals this year, with 172,472 […]
Maldives 2023 tourist arrivals cross 1.4m; China takes second place
The number of tourists in Maldives this year has surged to 1.4 million, with China surpassing India to secure the second-largest source market position, according to the tourism ministry’s statistics disclosed on Tuesday. As of Monday, 1.4 million tourists have enjoyed their vacations in Maldives this year, marking a 13.9% increase compared to the same […]
Maldives achieves 65% of 1.8m tourist arrival target; expects 2m in 2023
Maldives has achieved a significant milestone, reaching 65% of its annual target of 1.8 million tourist arrivals for the year. Based on the latest statistics from the tourism ministry released on Friday, a total of 1.1 million tourists had arrived in the Maldives by Wednesday. With this achievement, the nation is now aiming to welcome […]
Russia regains top position as Maldives’ leading tourist market in 2023
As the seventh month of the year comes to a close, the Maldives has witnessed a resurgence in tourist arrivals from Russia, reclaiming its position as the top source market for the island nation. The Ministry of Tourism’s latest daily tourist arrival statistics, released on Sunday, revealed this notable shift in the tourist landscape. India […]
Priority is to boost tourism revenue, socioeconomic benefits, minister says
Tourism minister Dr Abdulla Mausoom said on Sunday that the priority is to increase the revenue generated from tourism to the state and the socioeconomic benefits of tourism to the people. Speaking to reporters after a ceremony held at Velana International Airport (VIA) Sunday morning to welcome the one millionth tourist of the year, Mausoom […]
Maldives to welcome 1 millionth tourist on Sunday
Tourism Ministry has said that the one millionth tourist to arrive in the Maldives this year will arrive on Sunday. The Tourism Ministry had earlier estimated that one million tourists’ target would be met in July. The ministry has now announced that it will be achieved on Sunday. A special ceremony will be held at […]
Maldives’ 2023 tourist arrivals cross 900k; to reach 1m in July
The Maldives has experienced a significant surge in tourist arrivals this year. According to the latest statistics released by the Ministry of Tourism, the total number of tourists that have arrived in the country so far in 2023 has surpassed 900,000, marking a 14% increase compared to the same period last year. This year alone, […]
Tourist arrivals increase in August despite decrease in total bed nights
The month of August has brought in 110,144 tourists, and shows an increase of 5.7 % when compared to August 2014.
