Tourism Ministry
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NewsTourist arrivals expected to fall short of previous record
Maldives Finance Minister Hassan Zareer announced that tourist arrivals this year are expected to fall short of previous records and targets. The government revised its year-end estimate to 2.17 million visitors, citing geopolitical tensions as a factor. This decline marks the end of a five-year growth trend for the nation's tourism sector.
BusinessLease acquisition cost slashed in atolls with few resorts
The Tourism Ministry has slashed resort lease acquisition costs by 25% in five atolls to attract investors. While base rates and land premiums have been significantly reduced for the next two years, interest remains low. Many development projects in these regions continue to face delays or remain stalled despite the new financial incentives.
News
Govt to take over stalled resort projects starting next week
Business
TGST declines due to low tourist arrivals
Business
Govt to terminate lease agreements for stalled resort projects
Business
Arrivals decline from major markets except Russia and China
Business
Resort businesses owe MVR 56 million to Tourism Trust Fund
Business
Bidding opens for 15 new resorts projects
Business
MIB opens applications for the Guesthouse Awards
Business
Lowest number of tourist arrivals in June this year
Business
Eligibility criteria announced for MIB Guesthouse Awards
Business
New rules allow SOEs to acquire tourism sites by offsetting debt
Business
Tourist arrivals decline by 5 percent compared to last year
Business
New rules to reclaim resorts after paying compensations
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Maldives Divers Association urges stricter safety oversight
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Safari vessel license suspended after diving tragedy
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Backlash as defeated election candidate appointed State Minister
Business
Tourism plummets as Middle East conflict disrupts travel
News
Company accused of illegally operating guesthouse
Report