Business
Maldives Travel Awards: telling stories, recognising change
When Maldives Association of Travel Agents and Tour Operators (MATATO) embarked on the task of creating a platform to recognise the players in the Maldives’ tourism industry, it was an altogether different story. New investments, tightly controlled and directed by the government, were made mostly by a handful of seasoned local and foreign hoteliers. Growth was impressive and return on investment was unmatched. But for travellers, accommodation options were limited to luxury resorts that cost tens of thousands of dollars for a night’s stay.
Fast forward five years, and the Maldives’ tourism industry has inevitably evolved. A plethora of new properties has come into play with the backing of a combination of local and international entrepreneurs and seasoned hoteliers. Dozens have forayed into new and untapped segments of the market, greatly expanding the scope of an industry that was previously exclusive to luxury tourism. Tourist arrivals have crossed the one million milestone and is on course to reach an ambitious target of 1.5 million.
It was against this backdrop that MATATO decided to branch out its Maldives Travel Awards into three editions. This year, the brand will see a People’s Edition, which recognises successful pioneers and long serving individuals in the tourism industry, a Guesthouse Edition, which celebrates the outstanding performance of the up and coming guesthouse sector, and the Grand Gala Night, which is exclusive for winners in the categories for resorts, airlines and liveaboards.
“We have seen the whole thing [Maldives Travel Awards] evolve, and we are very proud to say that we have three different editions this year simply because one night is not enough to recognise the entire spectrum of tourism products in the Maldives,” Abdulla Ghiyas Riyaz, MATATO’s President, said, in an exclusive interview with Maldives Insider.
Telling stories
For the first time ever, the Maldives Travel Awards will see an edition dedicated for the extraordinary personalities in the tourism and hospitality industry. From pioneers of the industry to successful hoteliers and to long-serving professionals, this is their chance to finally get their stories heard by everyone in the Maldives and beyond.
The edition, titled Maldives Travel Awards – People’s Edition, will select 10 outstanding individuals through a rigorous vetting process, which includes two key steps; filing their nomination by submitting their CV and personal statement and filling up a questionnaire, and personal interviews by a panel of expert judges.
The People’s Edition, which will take place as a gala ceremony during the Maldives’ first ever travel trade show Travel Trade Maldives (TTM) in July, will be special in more than one way. This is where hard working individuals in the industry will finally be given the recognition they deserve and have their stories told. The journey taken by the 10 individuals receiving the award will be documented through a dedicated video profile and shown at the gala night, which will also be live broadcasted on state TV.

Tourism minister Moosa Zameer (R) confers the Lifetime Achievement Award at the Maldives Travel Awards 2016 gala night. PHOTO/ AVAS
“These are the real people behind the success of the industry as a whole. For instance, someone who has been working in a resort for 40 years at the front office or in F&B who would otherwise not get the recognition,” Giyas said.
“In the past as well we have been recognising people, but we wanted to give the recognition to more and more people, especially to those who actually work day and night to run a property. We wanted to really bring forward their stories.”
Recognising change
Maldives, known world over for its upmarket tourism industry, has resorts in the hundreds spread across the archipelago. The some 120 resorts in the country offer unmatched luxury in the form of private islands, overwater villas, and revolutionary additions such as undersea restaurants, wine cellars, spas and clubs. These concepts developed and championed by the Maldives have served as a benchmark for luxury tourism around the world and have inspired a brand new ‘Maldives-themed’ resorts in the Middle East and the Caribbean.
Despite the Maldives’ brand being synonymous with luxury tourism, the industry has in recent years expanded to introduce more affordable segments, including guesthouses, to cater to a new generation of travellers. Some 300 guesthouses have started operations over the past five years as the number of travellers — backpackers, millennials and budget travellers — that choose to stay in budget accommodations such as guesthouses increases year over year.

Tourism minister Moosa Zameer (C) and MATATO president Ghiyas (R) attend the Maldives Travel Awards gala night 2016. PHOTO/ ASAD PHOTOGRAPHY
These new travel trends and changes in the industry led to the creation of another edition of the Maldives Travel Awards; the Guesthouse Edition. Hosted as part of the Maldives Guesthouses Conference in September, this edition will have 25 categories. From design and architecture to F&B and operations, this edition of the Maldives Travel Awards will honour the best in budget accommodations in the Maldives.
“For the past five years, we have seen the whole sector of guesthouses really sprung up. So instead of having just three awards for guesthouses, we thought of having a separate edition dedicated for this important sector,” Giyas explained.
“Maldives Travel Awards is all about encouraging people and that’s what we aim to achieve through this edition as well.”
Crossing borders, building confidence
MATATO first experimented with taking the Maldives Travel Awards brand out of the Maldives and into the international arena two years back. A special edition was held at Dusit Thani Dubai in 2015 in parallel with the Arabian Travel Market (ATM). But it did not receive the traction the organisation had hoped for simply because there were numerous similar events taking place throughout the course of Middle East’s biggest travel trade show.

MATATO President Ghiyas (R-2) and a winner pose for a photo at the Maldives Travel Awards Special Edition held in Dubai in 2015. PHOTO/ MATATO
MATATO has since dropped the special edition. But the Maldives Travel Awards will cross the shores of the Maldives this year as well, albeit rather differently. All the events, including the three editions of the Maldives Travel Awards and the Maldives Travel Conference, which takes place a day before the grand gala with the participation of local and international experts, will be geographically restricted to the Maldives. The brand will, however, have an unprecedented level of backing of international experts and organisations, making it a truly global brand.
“Year on year, we are trying to add to the credentials of this award. Every year, we reach out to some of the best talent available locally for our judging panel. This year, we are reaching out to a lot of international judges. We have already spoken to PATA [Pacific Asia Tourism Association], UNWTO [United Nations World Tourism Organisation] and TTG Asia to get experts from these international organisations and publications to take part in our judging panel,” Giyas said.
“This year, we are also getting more media involved. We already have the local media on board, but we need to reach out to the international media in order to widen our audience. That’s why we are trying very hard to get international media involved this year.”
The international backing helps Maldives Travel Awards stand out in a global industry not short of award brands. There is the British Travel Awards, South Asian Travel Awards, and the “Oscars” of the travel industry, the World Travel Awards — all of which rely heavily on online voting. Maldives Travel Awards, on the other hand, depends largely on the score given by its expert judges, who travel to each and every property nominated for site inspections.
“Nobody else does this. You won’t understand product A and product B by simply looking at photos and material available on the internet. Today, you can run bots on the internet and generate votes. So we wanted to create a brand which is trusted by everyone in the industry and which serves as an example for similar products in the world,” Giyas said.
MATATO’s efforts to build confidence and trust in Maldives Travel Awards have reaped the benefit too; resorts and hotels are widely using this recognition in their marketing and promotional materials. MATATO, on its part, has taken new and improved steps to deliver on its promise. The organisation representing local travel agents and tour operators is promoting the winners at the many international travel trade shows and fairs it participates, including Matka Nordic Travel Fair, Riyadh Travel Fair, South Asia Travel and Trade Exhibition (SATTE) and WTM Connect Asia.
It’s not an easy task to create and expand a brand that is so closely linked to suppliers of a multi-billion dollar industry, especially for a non-profit organisation that solely depends on subscription fees, advertisements and donations for funding. But MATATO has done the impossible; the organisation has built an international brand trusted by an ever more competitive industry and has maintained its glory for five consecutive years.
But for Giyas, “there is so much to do [in order] to elevate the brand to what we want it to be.” MATATO is taking on that challenging task, starting with this year’s changes.
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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