Business
Maldives posts 2.2 percent hike in tourist arrivals in August
Maldives on Tuesday reported an increase of 2.2 percent in tourist arrivals in August.
Official figures for the month of August released by the tourism ministry show that a total of 123,992 tourists visited the Maldives during the month — a 2.2 percent increase over the 121,310 tourists in August 2017.
Europe, the largest regional source market, posted an overall growth of 10.6 percent over August 2017, as arrivals increased to 52,488 from 47,465.
The UK, which is the single biggest European source market, made a gain of eight percent, while several other major European markets such as Italy, France and Spain also posted gains of 21.4 percent, 0.7 percent and 33.3 percent respectively. However, arrivals from Germany declined by 7.7 percent — the second decline this year (down 23.3 percent in June) from the second largest European source market.
Russian travellers continued to show their appetite for the Maldives, as arrival numbers jumped 8.6 percent in August to reach 4,525 from 4,166 in August 2017. This strong performance last month translated into an impressive growth of 21.5 percent in arrivals from Russia in the past eight months of the year.
Arrivals from Asia, the second largest regional source market, decreased by 3.5 in August.
However, the double digit decline in the Chinese market for the past two years slowed down in August as arrivals decreased by only 0.8 percent to reach 33,472 from 33,743 in August 2017. This performance narrowed the decline in arrivals from the Maldives’ single biggest source market for the January-August period to 7.4 percent.
Almost all major contributors to Maldives tourism from South East Asia, which has been post strong gains over the past year, recorded declines in August, with arrivals from countries such as Malaysia, Thailand and Philippines decreasing by 13.7 percent, 8.7 percent and 12 percent respectively. However, arrivals from Singapore, which had been posting weak performances for the past eights months of year, increased by 17.6 percent — the second consecutive month of positive growth.
South Asia, which has become one of the fastest growing source markets, also extended its decline for the second consecutive month after posting major gains for the past seven months of the year. The latest decline of 27.5 percent is due to negative growth in arrivals from almost all South Asian markets, including India (down 28.6 percent) and Sri Lanka (down 29 percent).
Along with the mixed performance in established markets, growth in relatively new markets such as the Americas also turned negative for the first time in several months.
Arrivals from the US decreased by 2.4 percent in August — the first decline since securing a place amongst the top 10 contributors to the Maldives tourism industry last year. However, the number of visitors from Australia and South Africa, which has been on the recovery, increased by 40.4 percent and 0.2 percent, respectively.
Middle East, which has proven to be a volatile market, posted a decline of 1.7 percent in August after recording slight gains for the past two months, as arrivals from several major Middle Eastern countries, including Kuwait, Egypt and the United Arab Emirates posted negative growth of 4.7 percent, 20.7 percent and 23.6 percent, respectively. However, Saudi Arabia (up 6.6 percent) and Qatar (up 305.9 percent) were the only major contributors from Middle East that made gains in arrivals in August.
According to the August statistics, total arrivals for the past eight months of the year increased by 9.1 percent to reach 972,839 compared to the 892,025 in the same period of last year.
Maldives had early this month welcomed the one millionth visitor of 2018.
In addition to a new wave of 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.
Photo: Palm Beach Island Maldives Resort & Spa
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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