Business
Maldives tourist arrivals post second consecutive month of decline
Maldives on Tuesday reported a decline in tourist arrivals for the second consecutive month, as the destination recovers from a wave of domestic political turmoil.
Maldives attracted a wave of bad publicity following the recent declaration of a state of emergency, which ended in March. However, the political turmoil was strictly restricted to the capital city, away from the resorts and local islands where holidaymakers stay in.
Official figures for the month of May released by the tourism ministry show that a total of 92,913 tourists visited the Maldives during the month — a 0.6 percent decrease over the 93,491 tourists in May 2017.
Europe, the largest regional source market, posted an overall growth of 12.1 percent over May 2017, as arrivals increased to 40,056 from 35,739.
After double digit declines in April, major European markets rebounded last month with significant gains of 22 percent, 18.2 percent, 4.1 percent and 29.9 percent in arrivals from Germany, France, Italy and Spain respectively.
Russian travellers once again showed their appetite for the Maldives, as arrival numbers jumped 9.5 percent in May to reach 3,903 from 3,564 in May 2017. This strong performance last month translated into an impressive growth of 27 percent in arrivals from Russia for the first five months of the year.
However, arrivals from Asia, the second largest regional source market, decreased 8.8 percent in May.
Arrivals from China declined by 27.1 percent to reach 16,927 compared to the 23,225 in May 2017. This decline, which came after declines of 27.5 percent and 28 percent in March and April respectively and another 15.8 percent in January, offset the rare gain in arrival numbers from China in February and led to a 10.9 percent decline in arrivals from the Maldives’ single biggest source market for the January-May period.
Meanwhile, almost all major contributors to Maldives tourism from South East Asia continued to post strong gains in May as well, with arrivals from countries such as Thailand and Philippines increasing by 59.5 percent and 6.4 percent respectively. Arrivals from Singapore also saw an increase of 2.9 percent in May after months of negative growth. However, Malaysia, which has recorded strong growth for consecutive months over the past year, posted a decline of 9.4 percent last month.
Arrivals from South Asia, which has become one of the fastest growing source markets, also posted a gain of 2.1 percent in May. This is largely due to a 7.6 percent increase in the number of tourists from India, the most important market in the region.
Despite the mixed performance in established markets, relatively new markets continued their upward growth trajectory last month as well, as arrivals from the Americas were up 9.9 percent and Oceania up 39.8 percent.
Arrivals from the US, which last year secured a place amongst the top 10 contributors to the Maldives tourism industry, increased by 6.3 percent to reach 2,825 last month compared to the 2,658 in May 2017, while the number of visitors from Australia also increased by 47.4 percent. However, South Africa, which has been on the recovery, posted a decline of 22.2 percent — the second major decline in almost a year.
Middle East, which has proven to be a volatile market, recorded a decline of 24.1 percent in May after a rare increase of 8.7 percent in April. Arrivals from all major Middle Eastern countries, including Saudi Arabia (down 3.8 percent), United Arab Emirates (down 40.8 percent), Kuwait (down 42.6 percent), Qatar (down 5.2 percent) and Egypt (down 18.2 percent) posted declines.
According to the May statistics, total arrivals for the first five months of the year increased by 10.6 percent to reach 632,729 compared to the 572,318 in the same period of last year.
Over the past five years, dozens of uninhabited islands have been leased to local and foreign resort developers. Several international brands have entered into the market, increasing the number of resorts to 120. That number is set to increase as the government has announced the opening of some 20 new resorts over the next two years.
Along with the new resort openings come the challenge of increasing demand from budget travellers who choose guesthouses over luxury resorts that the Maldives is known for. The guesthouse sector has rapidly expanded with over 450 guesthouses in operation today.
The government last year announced new steps to maintain a structured growth in tourism, including a slowdown in leasing islands for resort development and increased marketing efforts in key markets such as China and the Middle East in order to reach an ambitious target of a record 1.5 million tourist arrivals this year.
Photo: MMPRC
Business
Feydhoo Hall opens at dusitD2 Feydhoo Maldives as new event space
Dusit International, one of Thailand’s leading hotel and property development companies, has announced the opening of Feydhoo Hall, a landmark event venue at dusitD2 Feydhoo Maldives, redefining the possibilities for meetings, celebrations, and destination events in the Maldives.
Designed to bring scale, flexibility, and creativity to island gatherings, Feydhoo Hall represents a bold step forward in positioning the Maldives as a dynamic destination for conferences, weddings, and large-scale social occasions.
Feydhoo Hall offers a versatile event complex designed to accommodate a wide range of gatherings, from corporate meetings and conferences to weddings and social celebrations.

At its core is the 390 sqm Main Hall, capable of hosting:
- Up to 300 guests in theatre-style setup
- Up to 240 guests for dining and banquet-style events
- Up to 200 guests for cocktail-style receptions
- Up to 144 guests in cluster-round configuration
Enhancing the flexibility of the venue are additional dedicated spaces, including:
- A 110 sqm Veranda Terrace, ideal for welcome receptions, breakout sessions, and pre-event gatherings, accommodating up to 100 guests for cocktail-style events.
- A spacious 1,000 sqm Lawn Space, perfect for large-scale outdoor celebrations, destination weddings, and open-air events, accommodating up to 400 guests for cocktail receptions and up to 350 guests for dining setups.
- The 55 sqm Ekugai Meeting Room, designed for smaller meetings and executive sessions, accommodating up to 30 guests in theatre or dining setup and 24 guests in cluster-round format.
Together, these integrated spaces create a seamless indoor-outdoor event experience, allowing planners to design dynamic and personalised event journeys.
True to the dusitD2 brand’s lifestyle-driven philosophy, Feydhoo Hall introduces a fresh approach to meetings and events — where productivity meets creativity in an inspiring island setting.
The venue offers flexible meeting formats designed to suit different event needs, including:
- Half-Day Meeting Package (4 hours) — ideal for focused sessions, executive meetings, and creative workshops.
- Full-Day Meeting Package (8 hours) — designed for immersive conferences, extended workshops, and large-scale corporate gatherings.
These thoughtfully structured packages provide planners with the flexibility to create impactful and seamless experiences, whether hosting intimate strategy sessions or dynamic full-day events.

Located just seven minutes by speedboat from Velana International Airport, dusitD2 Feydhoo Maldives combines accessibility with vibrant lifestyle energy, offering event planners and guests a rare balance between convenience and tropical escape.
With the introduction of Feydhoo Hall, the resort strengthens its position as a versatile destination — not only for leisure travellers but also for international conferences, creative retreats, luxury weddings, and large-scale social celebrations seeking something refreshingly different in the Maldives.
Business
BBM expands retail presence with new Hulhumalé outlet
Bestbuy Maldives (BBM) opened a new wholesale store in Hulhumalé Phase 2 on Monday.
The outlet is located on the ground floor of Lot 20286, Nirolhu Magu, and is intended to improve access to BBM’s imported goods for residents of Hulhumalé Phase 2 and for businesses operating in the area.
According to the company, the opening forms part of its plan to expand services closer to customers in line with population growth in Hulhumalé.
With the opening of the new store, BBM’s full range of imported and distributed products will be available at the Hulhumalé Phase 2 location. These include consumer goods from international brands such as Lifebuoy, Vaseline and Unilever.
The store will also stock wholesale food products from brands including Daily, Cavin’s and Redman.
BBM has supplied goods to resorts, hotels and retail outlets across the Maldives for several years.
Action
Ataraxis Grand & Spa hosts integrated work-and-dive corporate retreat in Fuvahmulah
Ataraxis Grand & Spa recently hosted a week-long, closed corporate offsite in Fuvahmulah for a US-based artificial intelligence company, highlighting the island’s growing suitability for integrated work-and-experience retreats. The retreat brought a group of 36 international professionals to the property, which was reserved exclusively for the programme.
Designed as a private company offsite, the stay combined structured daily work sessions with guided diving and beginner-friendly surf experiences, creating a balanced format that blended focused collaboration with physical reset.

A notable component of the programme was dive training and certification. During the retreat, 17 participants completed their Open Water certification, while a further six undertook the Advanced Open Water course, with training and dives scheduled alongside work sessions as part of the integrated itinerary.
Throughout the week, participants worked on-site using dedicated shared spaces supported by reliable high-speed internet, allowing meetings, informal collaboration and scheduled activities to take place within a single, uninterrupted environment. This setup enabled teams to move seamlessly between work periods and organised ocean activities without leaving the property.

Fuvahmulah’s natural and operational advantages formed a key part of the retreat’s appeal. As one of the Maldives’ largest inhabited islands, it offers immediate access to pelagic dive sites, internationally recognised shark diving and surf breaks suitable for instruction, alongside the infrastructure required to support extended group stays.

The offsite reflects a growing preference among technology and knowledge-sector teams for small-scale retreats that prioritise concentrated work environments and team cohesion over traditional conference formats. Such programmes typically involve longer stays and higher per-capita spend, aligning with sustainable, quality-driven tourism models.
The retreat also demonstrates how locally operated properties such as Ataraxis Grand & Spa are supporting this shift by delivering unified environments where accommodation, workspaces, connectivity and curated experiences operate as a single programme rather than separate services.

As organisations continue to explore alternative formats for strategy sessions, team resets and creative offsites, Ataraxis Grand & Spa’s experience positions Fuvahmulah as an increasingly viable destination for integrated corporate retreats.
Ataraxis Grand & Spa offers work-and-dive retreat programmes in Fuvahmulah that combine accommodation, dedicated workspaces, high-speed connectivity and organised diving and surfing.

Further information on retreat formats and dive-inclusive stays is available via the Ataraxis Grand & Spa website.
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