Connect with us

Featured

Coronavirus could cost 75 mln tourism jobs globally, new study says

Published

on

Up to 75 million jobs are at immediate risk in global travel and tourism due to the coronavirus pandemic, says a leading industry body.

The alarming figure, based on research from World Travel & Tourism Council (WTTC), shows a punishing travel and tourism GDP loss to the world economy of up to $2.1 trillion in 2020.

The latest projection of a 50 per cent increase in jobs at risk, in less than two weeks, represents a significant and worrying trend, with an astounding one million jobs being lost every day in the travel and tourism sector, due to the sweeping effect of the coronavirus pandemic.

“The number of jobs now at risk in the global travel and tourism sector is a staggering 75 million, bringing real and profound worry to millions of families around the world,” WTTC chief executive Gloria Guevara was quoted in a statement, as saying.

“This chilling new figure also represents the collective delay by many governments around the world to react quickly enough to come to the aid of a sector which is the backbone of the global economy.”

The analysis by WTTC, which represents the global travel and tourism private sector, also exposes the depth of the crisis for individual regions.

Asia-Pacific is expected to be most heavily impacted with up to 49 million jobs at risk throughout the region, representing a loss of nearly $800 billion to travel and tourism GDP.

The latest figures also suggest that in Europe, up to 10 million jobs in travel and tourism are at risk, totalling a loss of nearly $552 billion.

Germany is set to be the most affected country in Europe, with almost 1.6 million jobs at risk, followed by Russia with an estimated 1.1 million in potential job losses. Italy and the UK follow as the third most impacted, with both countries projected to lose up to one million jobs in the Travel and tourism sector.

The Americas are also expected to be hit hard by this crisis, with the United States, Canada and Mexico expected to lose up to $570 billion combined, with nearly seven million jobs in travel and tourism at risk.

Other countries expected to be hit hard by this crisis include Brazil, France, Japan, Indonesia and India.

“If urgent action is not taken within the next few days, the travel and tourism sector faces an economic meltdown from which it will struggle to recover and plunge millions of people dependent upon it for their livelihoods into debt. Not only will this have an enormous negative impact on major businesses in the travel and tourism sector around the world, the ‘domino effect’ will also result in massive job losses across the entire supply chain, hitting employees and those in self-employment,” Guevara said.

“We call on all those in positions of power to help the powerless and enact policies to support and sustain a sector which is a driving force of the global economy and responsible for generating one in five of all new jobs.”

Travel and tourism contributes to 10.4 per cent of Global GDP, is directly responsible for generating one in 10 of the world’s jobs, and for eight successive years, has outpaced the growth of the global economy.

Maldives on Wednesday announced a blanket suspension of on-arrival visa in a bid to combat the spread of the novel coronavirus.

Even before Wednesday’s announcement, the Maldives had closed its borders to arrivals from some of the worst-hit countries, including mainland China, Italy, Bangladesh, Iran, Spain, the United Kingdom, Malaysia and Sri Lanka. Visitors from three regions of Germany (Bavaria, North Rhine-Westphalia and Baden-Württemberg), two regions of France (Île-de-France and Grand Est) and two regions of South Korea were also banned from entering the country.

All direct flights to and from China, Italy, South Korea and Iran were also cancelled.

Cruise ships and foreign yachts were also banned from docking at any of the country’s ports.

On March 8, Maldives reported its first cases of the novel coronavirus, as two hotel employees tested positive for Covid-19 at a luxury resort in the archipelago. Eleven more cases — all foreigners working or staying resorts and liveaboard vessels — were later identified.

However, eight out of the 13 have made full recoveries, whilst the rest are being treated at designated quarantine facilities.

The Maldives announced a state of public health emergency on March 12, the first such declaration under a recent public health protection law.

The public health emergency declaration has allowed the government to introduce a series of unprecedented restrictive and social distancing measures, including a ban on inter-island travel of tourists, including for excursions and between resort islands.

A nationwide shut down of all guesthouses and city hotels has also been ordered. Spa facilities located on inhabited islands have also been closed.

The Covid-19 outbreak has hit the Maldivian economy hard, as travel restrictions and other preventive measures affect the country’s lucrative tourism industry, which contributes the bulk of the island nation’s state revenue and foreign reserves.

Before the pandemic, the government had been bullish about tourism prospects, targeting two million, high-spending holidaymakers this year after last year’s record 1.7 million.

However, tourist arrivals saw a year-over-year decline of 22.8 per cent in the first 10 days of this month. With arrival numbers falling, several resorts across the Maldives had been closed.

Tourism has been the bedrock of the Maldives’ economic success. The $5 billion-dollar economy grew by 6.7 per cent in 2018 with tourism generating 60 per cent of foreign income.

However, the government is at present projecting a possible 5.6 per cent economic contraction this year — an estimated $446 million hit.

The government has launched an emergency MVR 2.5 billion ($161.84 million) facility and a package of financial measures to shore up the local economy against the coronavirus pandemic.

The MVR 2.5 billion stimulus plan includes MVR 1.55 billion ($100 million) in emergency loans for businesses to meet short-term working capital needs.

The emergency facility is complemented by a package of financial measures, including a six-month moratorium on principal and interest repayments for personal and business loans sanctioned by commercial banks.

Meanwhile, Bank of Maldives (BML) has announced a $2 million short-term financing facility for the tourism industry.

The facility by the country’s largest bank allows operational resorts and guesthouses finance up to $2 million to manage their working capital requirements, with a repayment period of three years.

Featured

Banyan Tree Vabbinfaru blends romance and wellbeing in February Valentine’s programme

Published

on

This February, Banyan Tree Vabbinfaru invites travellers to celebrate love through a series of intimate and thoughtfully curated Valentine’s experiences, set against the natural beauty of the Original Maldives, where romance, inner renewal and mindful presence unfold with ease.

From 10 to 14 February 2026, the resort presents a refined Valentine’s programme designed for couples seeking meaningful connection and timeless romance. Central to the celebration is destination dining on a private sandbank, where an exclusive Valentine’s dinner is served on a secluded stretch of white sand, surrounded by the Indian Ocean. Beneath the stars and by candlelight, couples are invited to savour a carefully curated menu in an atmosphere of quiet intimacy.

Romance is further elevated at Madi Hiyaa, the resort’s Japanese restaurant, with a specially crafted four-course Valentine’s menu. The experience begins with a rose-inspired sparkling welcome cocktail, setting an elegant tone for the evening. At Naiboli Bar, candlelit tables, subtle Valentine’s touches and live music create an unhurried evening by the sea, allowing guests to linger and connect.

On 14 February, couples may deepen their celebration at the award-winning Banyan Tree Spa through the Romantic Spa Retreat, a 120-minute experience designed for reconnection. Guests may choose between Sunrise Nourished or Sunset Relief, each combining a signature body healer, a full-body massage and a mini facial, complemented by light refreshments enjoyed in the privacy of the spa pavilion.

Throughout February, Banyan Tree Vabbinfaru also offers the “From Stress to Stillness” wellbeing journey, inviting guests to restore balance through a personalised consultation and a thoughtfully curated programme that includes Auricular Therapy, Counter Tech Move rituals and Yogic Sleep (Yoga Nidra). Rooted in understated elegance and a holistic philosophy of wellbeing, the month becomes an invitation to celebrate love while fostering calm, reflection and mindful presence.

Valentine’s celebrations extend to Dhawa Ihuru, where couples are invited to mark the occasion through relaxed moments by the sea. On 14 February 2026, guests are welcomed at Velavani Bar with a rose sparkling Valentine’s drink before continuing the evening at Riveli Restaurant, where a special Valentine’s sweet corner adds a romantic highlight to the dining experience. Throughout the month, guests may also unwind at 8lements Spa, where soothing treatments encourage relaxation, balance and quiet renewal, complementing the spirit of the season.

Continue Reading

Excursions

Manta season experience returns as InterContinental Maldives Maamunagau announces 2026 retreat

Published

on

InterContinental Maldives Maamunagau Resort has announced the dates for its 2026 Manta Retreat, following the programme’s strong reception in recent years. The retreat will take place from 24 to 27 March 2026, coinciding with the Maamunagau manta season, when juvenile manta rays are commonly sighted in the resort’s lagoon just offshore.

The resort will once again partner with The Manta Trust, one of the world’s leading manta ray research organisations, to co-host the retreat and offer guests an immersive, educational experience centred on marine conservation. The programme is designed for travellers seeking purpose-led experiences and a deeper understanding of manta rays within their natural environment.

Located on the edge of a UNESCO World Biosphere Reserve and adjacent to a known juvenile manta ray aggregation site, InterContinental Maldives Maamunagau provides direct access to key research and observation areas. During the retreat, guests will be able to participate in guided reef snorkelling, manta excursions led by The Manta Trust, coral restoration and planting workshops, and a series of educational sessions. Participants will also have the opportunity to adopt and name a manta ray as part of the conservation initiative.

The partnership between InterContinental Maldives and The Manta Trust has been in place since 2019. The retreat will be led by The Manta Trust’s base leader, Meral Hafeez, who will guide guests through manta ray encounters while sharing insight into the organisation’s ongoing research and conservation efforts in the surrounding waters. The programme offers participants a behind-the-scenes look at the daily work of the research team, including observing and recording manta ray behaviour.

In 2023, Maamunagau Lagoon was recognised as an Important Shark and Ray Area (ISRA), identifying it as a vital habitat for manta rays and a priority conservation site. The lagoon continues to serve as a key research area for The Manta Trust, allowing guests to observe manta rays in their natural environment within close proximity to the resort. Certified divers are also catered for, with access to dedicated dive sites where manta ray cleaning stations can be observed, highlighting the complex marine ecosystems of the Maldives.

Beyond the retreat activities, guests can enjoy the resort’s overwater villas, unwind at AVI Spa, or explore its range of dining experiences.

The participation fee for the Manta Retreat is USD 1,550++ per night, per room, based on double occupancy, with a minimum stay of four nights. The package includes one manta ray research trip, guided house reef snorkelling, manta ray adoption, educational workshops, and accommodation in a luxury villa or residence on a half-board basis.

Continue Reading

Featured

Ten years of turtle conservation: Coco Palm Dhuni Kolhu and Olive Ridley Project milestone

Published

on

Coco Palm Dhuni Kolhu, part of the boutique island resort collective Coco Collection, is marking ten years of partnership with the Olive Ridley Project (ORP), celebrating a decade-long commitment to marine conservation in the Maldives.

The partnership reached a significant milestone in 2017 with the opening of the Maldives’ first veterinary-led Marine Turtle Rescue Centre at Coco Palm Dhuni Kolhu, pioneering specialised sea turtle care in the country. Since its establishment, the centre has treated and released 152 injured turtles, achieving a rehabilitation success rate of nearly 60 per cent. The facility plays a critical role in caring for turtles impacted by human activities, including entanglement in marine debris and ghost nets.

Beyond rescue and rehabilitation, the Olive Ridley Project leads long-term sea turtle research across the Maldives, collecting data on nesting activity, population trends and threats to marine life. This work contributed to the country’s first National Red List Assessment of Threatened Species, published in 2022. Supported by a network of citizen scientists, ORP’s Maldives research team has documented more than 45,000 sea turtle encounters nationwide. Over the past decade, Coco Collection has been a major contributor to this effort, recording nearly 3,500 encounters and reinforcing its position as one of ORP’s most significant research partners.

Guests at Coco Palm Dhuni Kolhu are invited to engage directly with these conservation initiatives through weekly marine talks, educational sessions led by the resort’s resident Marine Educator, and opportunities to witness rehabilitated sea turtles being released back into the ocean.

Commenting on the milestone, Siraj Waseem, General Manager of Coco Palm Dhuni Kolhu, said that celebrating ten years of partnership with the Olive Ridley Project was a source of pride for Coco Collection. He noted that what began as a shared commitment to protecting marine life has evolved into a long-term collaboration rooted in education, conservation and meaningful guest engagement, adding that the Marine Turtle Rescue Centre continues to grow in strength with ORP’s support.

Dr Martin Stelfox, Founder and Chief Executive Officer of the Olive Ridley Project, said the decade-long partnership reflects a pioneering collaboration and significant progress in sea turtle conservation in the Maldives. He highlighted advances in conservation medicine and research achieved together, as well as the impact of inspiring guests and Maldivian interns to care for and protect the country’s marine environment.

Over the past ten years, the ORP Marine Turtle Rescue Centre at Coco Palm Dhuni Kolhu has hosted ten veterinary surgeons, each contributing to the development of sea turtle conservation medicine in the Maldives. Through the Sea Turtle Veterinary Trainee Programme, the resort and ORP have trained 29 veterinary professionals from 12 countries, helping to strengthen a global network of sea turtle clinical care across the Indian Ocean and beyond.

Alongside its conservation work, Coco Palm Dhuni Kolhu continues to offer a wide range of experiences for guests, from water sports such as water skiing, surfing and parasailing to sailing, paddle-boarding and kayaking in the surrounding lagoon. Visitors can also explore Maldivian culture through curated Coco Experiences that highlight local island life and heritage. As the resort marks ten years of collaboration with the Olive Ridley Project, Coco Palm Dhuni Kolhu continues to demonstrate how meaningful conservation efforts can coexist with memorable guest experiences.

Continue Reading
Advertisement

Trending

Copyright all rights reserved by Maldives Promotion House 2023.