Connect with us

Business

Maldives tourist arrivals post 8.1 percent growth in July

Published

on

Maldives on Thursday reported an increase of 8.1 percent in tourist arrivals in July, as the destination continues to recover from a new wave of domestic political turmoil that rocked the island nation early this year.

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.

The political turmoil led to rare declines of 0.1 percent and 0.6 percent in tourist arrivals in April and May respectively before rebounding in June with a 10 percent growth.

Official figures for the month of July released by the tourism ministry show that a total of 122,332 tourists visited the Maldives during the month — an 8.1 percent increase over the 113,175 tourists in July 2017.

Europe, the largest regional source market, posted an overall growth of 12.8 percent over July 2017, as arrivals increased to 47,603 from 42,192.

The UK, which is the single biggest European source market, made a gain of 9.3 percent, while several other major European markets such as Italy, France and Spain also posted gains of 25.6 percent, 35.8 percent and 21.2 percent respectively. Germany also rebounded from its rare decline of 23.3 percent in June, as the second most important European source market posted a 1.5 percent growth in arrivals in July.

Russian travellers continued to show their appetite for the Maldives, as arrival numbers jumped 5.5 percent in July to reach 4,370 from 4,144 in July 2017. This strong performance last month translated into an impressive growth of 23 percent in arrivals from Russia for the past seven months of the year.

Arrivals from Asia, the second largest regional source market, also increased 6.5 percent in July.

Arrivals from China once again declined by 3.1 percent to reach 33,227 compared to the 34,276 in July 2017. This decline, which came after declines of 27.5 percent, 28 percent, 27.1 percent and 5.4 percent in March, April, May and June respectively as well as 15.8 percent in January, offset the rare gain in arrival numbers from China in February and led to an 8.6 percent decline in arrivals from the Maldives’ single biggest source market for the January-July period.

Meanwhile, almost all major contributors to Maldives tourism from South East Asia continued to post strong gains in July as well, with arrivals from countries such as Malaysia, Thailand and Philippines increasing by 69.2 percent, 60 percent and 36.9 percent respectively. Arrivals from Singapore, which had been posting weak performances for the past seven months of year, also increased by 8.3 percent in July.

However, arrivals from South Asia, which has become one of the fastest growing source markets, declined by 0.4 percent in July after posting major gains for the past seven months of the year. This rare decline is due to negative growth in arrivals from all South Asian countries except India, which posted an increase of 5.7 percent.

Along with the strong performance in established markets, relatively new markets also continued their upward growth trajectory last month, as arrivals from the Americas were up 0.4 percent and Oceania up 29.4 percent.

Arrivals from the US, which last year secured a place amongst the top 10 contributors to the Maldives tourism industry, increased by 4.8 percent to reach 3,494 last month compared to the 3,334 in July 2017, while the number of visitors from Australia also increased by 32.7 percent. South Africa, which has been on the recovery, also posted an increase of 1.2 percent.

Middle East, which has proven to be a volatile market, recorded a slight gain of 1.5 percent in July — the second consecutive month of growth after a decline of 24.1 percent in May. However, arrivals from several major Middle Eastern countries, including Kuwait, Egypt and the United Arab Emirates posted negative growth of 32.4 percent, 7.1 percent and 14.7 percent respectively. Saudi Arabia (up 8.4 percent) and Qatar (up 811.9 percent) were the only major contributors from Middle East that made gains in arrivals in July.

According to the July statistics, total arrivals for the first seven months of the year increased by 10.1 percent to reach 848,847 compared to the 770,715 in the same period of last year.

In addition to the recent political turmoil, the Maldives is currently experiencing the traditionally low season.

May to November is considered the low tourist season, as these months constitute rainy season in Maldives. Between May and November, the islands boast of wet weather, making it less ideal for tourists to travel and enjoy the tropical environment.

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.

Business

Pulse Hotels & Resorts unveils new residential project: The Coral Residences, Kandima

Published

on

Pulse Hotels & Resorts, one of the leading innovators in Maldives tourism, has introduced The Coral Residences, Kandima. Nestled on the northern end of the lush and green three-kilometre-long Kandima Integrated Island Resort in Dhaalu Atoll, this residential development is a first of its kind and promises to redefine luxury living in the Maldives.

Designed and crafted with meticulous attention to detail, The Coral Residences, Kandima, is a unique, integrated beachfront residential community with exceptional 5-star service, situated in the shimmering blue heart of the Maldives.

The Coral Residences comprises of 40 exquisitely designed two bedroom and three bedroom apartments. All apartments feature contemporary design and chic interiors, high-end finishes, state-of-the-art appliances, and unobstructed panoramic sea views across the Indian Ocean. Residence owners will enjoy exclusive access to a host of premium facilities, including a private beachfront pool, a gourmet restaurant and bar, dedicated fitness and recreation facilities and a 24-hour concierge service.

Buyers of The Coral Residences will be able to own their apartments under the new strata title ownership program. Owners’ apartments will be part a rental program, managed by Pulse Hotels & Resorts. Residents will have the access to the full range Kandima’s 5-star resort services, including its restaurants and bars, spa, recreation, and other amenities to complement their lifestyle. With its emphasis on comfort, convenience, and community, this development offers a truly elevated living experience.

“We are thrilled to introduce The Coral Residences, Kandima, to discerning local and international buyers,” said Sanjay Maniku, Managing Director of Pulse Hotels & Resorts. “With its unparalleled design and amenities, homeowners can take advantage of a limitless world of activities and experiences on offer at Kandima. We believe this development will set a new standard for luxury living in the Maldives, as well as bringing a new definition to the Maldives family vacation.”

The Coral Residences is realised by Pulse Hotels & Resorts, the creators behind The Nautilus Maldives, Kandima Maldives, and Nova Maldives. Known for their innovative hospitality concepts, Pulse Hotels & Resorts ensures that each property offers exceptional experiences and world-class service. The development has commenced and is expected to complete within Q3, 2025.

For more information, high-resolution images, and to schedule a private viewing, please contact Aishath Ihuma, Director of Business Development at +960 7788986 or aishath.ihuma@coralresidencesmaldives.com.

Continue Reading

Business

Weixin Pay supported to boost Chinese tourists to Maldives

Published

on

On May 27, Zihuny Rasheed, Deputy Managing Director of Maldives Marketing and PR Corporation (MMPRC/Visit Maldives), and Etienne Ng, Weixin Pay’s Country Manager, Singapore and Regional Director, Southeast Asia, WeChat Pay, signed a three-year Memorandum of Understanding (MoU) during ITB China 2024, pledging to support more Maldivian merchants to accept WeixinPay to provide Chinese tourists with a convenient payment experience. Visit Maldives is the Official Destination Partner for this year’s edition of ITB China.

“China is a key source of tourists for the Maldives, and we greatly value the experience of Chinese visitors,” said DMD Zihuny Rasheed. “We plan on promoting the acceptance of Weixin Pay throughout the country, offering Chinese tourists the payment option they are familiar with and prefer. I have used Weixin Pay during my visit to China via linking an international card, and I can attest to the convenience of the mobile payment option.”

Ibrahim Faisal, Minister of Tourism of the Maldives, expressed his support, “Excited that we’re introducing Weixin Pay for Chinese visitors, which is another step in establishing Maldives as their top destination. Now, it’s easier than ever for Chinese travellers to enjoy their stay, hassle-free. We look forward to further enhancing their experience,” he wrote.

According to Etienne Ng, Weixin Pay is currently being piloted at the country’s airport duty-free store, as well as in popular restaurants like Sala Thai and City Garden. Additionally, a range of hotels and resorts are participating including, JEN Maldives Malé by Shangri-La, Adaaran Select HudhuranFushi, Adaaran Club Rannalhi, Adaaran Prestige Vadoo, Adaaran Prestige Water Villas, Velaa Private Island, Cheval Blanc Randheli Private Island, Dhawa Ihuru Maldives, Ayada Maldives, Marriott Bonvoy, Banyan Tree Vabbinfaru, Conrad Maldives Rangali Island and Angsana Velavaru in Maldives with strong support from the Bank of Maldives and local merchants. Making smooth progress, the initiative is expected to have 8,000 merchants nationwide that integrate the payment option.

“Weixin Pay is committed to providing users with safe and convenient payment services. Since the visa exemption policy was implemented, more and more Weixin Pay users have chosen to travel to the island country. Through our cooperation with Visit Maldives, we aim to provide Chinese users with the same convenient experience in the travel as they experience at home,” he said.

In February 2023, an Agreement on Mutual Exemption of Visa Requirements signed between the Maldives and China took effect as China expands its visa-free policy to benefit more countries. Consequently, the Maldives has consistently ranked among the top overseas destinations for Chinese tourists during popular travel periods such as the May Day and National Day holidays.

According to data from Visit Maldives, the country welcomed over 1.8 million tourists in 2023, a new national record. The Chinese market has been a key source market for the Maldives. As of 11th May 2024, it is the number one source market with 91,073 tourist arrivals.

Continue Reading

Business

Indian influencer Niki Mehra in Maldives

Published

on

Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives) hosted a familiarisation trip with Amilla Maldives for high-end influencer, Niki Mehra, from India to experience the luxury and romantic offerings of the Maldives from 3rd – 6th May 2024.

The familiarisation trip was a great opportunity to Niki Mehra, a renowned Indian model, fashion, beauty and travel content creator and social media influencer with over half a million followers who has carved a niche in the Indian fashion industry with her unique sense of style. During her time in the Sunny Side of Life, Niki Mehra showcased luxury to romantic experiences of the destination.

The trip promoted Maldives through social media platforms of Niki Mehra while highlighting experiential itinerary offerings of the Maldives. Additionally, the influencer trip assisted MMPRC in propelling growth in the luxury travel segment and honeymoon market by showcasing the Maldives as a premier honeymoon destination for the Indian travellers.

The Indian market has been a strong market for the Maldives over the years, currently ranked number 6 with 46,970 tourists as of 13th May 2024. Additionally, MMPRC showcased the Maldives in OTM and SATTE held earlier this year. MMPRC is committed to boosting the arrivals from the market and has exciting marketing activities planned for future, including joint campaigns, familiarisation trips, participation in major events and other campaigns which provides numerous opportunities to showcase the breathtaking Maldives to the market, attracting more Indian travellers.

Continue Reading
Advertisement

Trending

Copyright all rights reserved by Maldives Promotion House 2023.