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

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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

From proposals to vow renewals: Alila Kothaifaru Maldives crafts every moment with love

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Set amidst the tranquillity and natural splendour of the Maldives, Alila Kothaifaru Maldives presents couples with an idyllic destination for celebrating love. Whether marking the start of a shared journey, renewing vows, or enjoying an intimate retreat, the island provides a haven where cherished moments unfold against a backdrop of blue skies, soft sands, and crystalline waters.

Combining understated elegance with the lush tropical beauty of the island, Alila Kothaifaru Maldives creates a romantic sanctuary defined by thoughtful details, curated experiences, and the effortless allure of nature. With bespoke wedding, proposal, and romantic escape offerings, the resort caters to couples seeking intimacy, connection, and enduring memories.

Every wedding or vow renewal is meticulously crafted to reflect each couple’s story and style. Through the resort’s “A Tale of True Love” package, couples may exchange or renew vows in an island-inspired ceremony, held either along the pristine shoreline or on a secluded private sandbank. Whether a quiet ceremony for two or an intimate gathering with family and friends, every detail is personalised to match the couple’s vision. Guests can walk down a flower-lined aisle to the rhythm of traditional Maldivian Bodu beru drums, surrounded by ocean vistas. Tropical floral arrangements, bespoke bouquets, and a custom wedding cake add to the sense of occasion. As evening falls, a private dinner curated by the executive chef awaits—served either on the beach or in the privacy of a villa. The experience concludes with romantic turndown touches, including a flower petal bath, designed to end the day in serene luxury.

For those taking the first step toward their future together, Alila Kothaifaru Maldives offers a breathtaking setting for proposals. The romantic beach proposal experience sets the stage as the sun dips below the horizon, with “Will you marry me?” displayed in lights or written in the sand within a heart of fresh blooms. The moment is accompanied by chilled champagne and handcrafted canapés, allowing couples to toast to their future as the waves lap gently along the shore.

Couples seeking to celebrate milestones such as honeymoons, anniversaries, or simply time away together may choose the Couple Celebration package, designed to encourage reconnection in tranquil seclusion. Available with a minimum four-night stay, the package includes seaplane transfers, a bottle of champagne upon arrival, exclusive dining experiences—including a floating breakfast and a candlelit beach dinner—and a rejuvenating couple’s treatment at the resort’s treetop Spa Alila.

With its emphasis on time, space, and togetherness, Alila Kothaifaru Maldives offers an exquisite setting for celebrating love in all its forms, transforming each special moment into a lasting memory. The resort has also earned consecutive recognition as the Best Honeymoon Destination at the Travel Trade Maldives Awards, an honour voted by both travel agents and the public. This accolade reaffirms Alila Kothaifaru Maldives’ reputation as one of the nation’s premier destinations for romance and intimate celebrations.

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Drink

Golden encounter: Atmosphere Kanifushi and Bottega unite Maldivian soul with Italian craftsmanship

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Atmosphere Kanifushi is set to host a golden fusion of Maldivian spirit and Italian craftsmanship from 4 to 6 December, as Atmosphere Core presents a three-day celebration in collaboration with Bottega SpA, one of Italy’s most renowned lifestyle wineries.

Sandro Bottega, President and CEO of Bottega SpA, remarked, “The Maldives is an iconic destination, a paradise for leisure and diving. We are proud to showcase our selected wines at Atmosphere Kanifushi, in an expression of refined hospitality that blends seamlessly with the Italian lifestyle. I am certain that this three-day experience, dedicated to Prosecco, will beautifully unite the Bottega philosophy with the island’s soul.”

The celebration begins at Just Veg, the Maldives’ first vegetarian restaurant, where acclaimed Italian Chef Fabrizio Marino will curate exclusive lunch and dinner menus paired with signature Bottega vintages. On the second day, the festivities move to Pier Six, featuring elegant seafood pairings, followed by an evening of golden cocktails, sizzling teppanyaki, and Venetian carnival-inspired delights, set against panoramic lagoon views.

The event culminates in the Bottega Gala Gold Dinner on the beach, where all in-house guests will be invited to raise golden flutes of GOLD Prosecco DOC under the starlit sky. The evening will unfold to the sounds of live bands and DJ performances, with the ocean’s rhythm creating the perfect atmosphere for a night of elegance, indulgence, and unforgettable moments. Every element—from the cuisine and wine to the music and cinematic storytelling—will harmoniously come together to craft a truly immersive experience.

Bottega’s Head Sommelier, Elena Schipani, will personally host the pairings, guiding guests through the stories and characteristics of each vintage. All events will be complimentary under the Kanifushi Plan™, subject to pre-booking and availability. “Atmosphere Kanifushi has long been celebrated for its culinary creativity and heartfelt service,” said Raman Gomathi, Director of Food and Beverage. “This Golden Wine Encounter embodies our commitment to experiences that combine artistry with authenticity. The team has poured its heart into creating this first-of-its-kind celebration, a true reflection of our Joy of Giving philosophy.”

This golden celebration also symbolises Atmosphere Core’s growing relationship with Italy. In 2026, the group will debut its first European property, BORGO MONCHIERO Heritage by Atmosphere, in Piedmont—a region known for its rolling vineyards and exceptional gastronomy. The collaboration with Bottega SpA, alongside culinary artistry from Chef Fabrizio Marino, offers a glimpse into this exciting journey, uniting Maldivian warmth with Italian elegance.

A fourth-generation family estate, Bottega SpA epitomises quality, authenticity, and timeless design—values shared by Atmosphere Core. Together, they invite guests to a radiant celebration where fine wine meets the joy of island living.

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Awards

Kudadoo Maldives crowned Best All-Inclusive Hotel by Condé Nast Traveler

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Kudadoo Maldives Private Island, the ultra-luxury retreat renowned for redefining indulgence and privacy, has been named Best All-Inclusive Hotel by Condé Nast Traveler, one of the world’s most esteemed travel publications.

This prestigious recognition celebrates Kudadoo’s signature “Anything, Anywhere, Anytime” concept — a philosophy that allows guests to design entirely bespoke experiences tailored to their desires.

Part of the esteemed Crown & Champa Resorts (CCR) portfolio, Kudadoo combines cutting-edge architectural design, pristine natural beauty, and an unwavering guest-first approach to create stays that are both intimate and extraordinary. Guests can savour private sandbank dinners under starlit skies, bespoke underwater dining, serene sunset cruises, and curated wellness journeys, all orchestrated to perfection.

The resort’s all-inclusive model transcends conventional definitions, removing boundaries for those seeking freedom, privacy, and absolute indulgence. Every detail — from world-class gastronomy and curated excursions to on-demand personal experiences — reflects Kudadoo’s commitment to limitless luxury. Whether it is a spontaneous snorkelling trip, a private cinema night on the deck, or a cultural discovery across the atoll, every moment is crafted with precision and heartfelt care.

“This recognition from Condé Nast Traveler is a proud moment for the entire Kudadoo team,” said Akira Shiota, General Manager of Kudadoo Maldives. “Our ‘Anything, Anywhere, Anytime’ philosophy enables us to deliver a level of personalisation rarely found in the world of luxury travel. Each guest enjoys a truly unique experience, and this award is a tribute to the dedication, creativity, and passion of our team in bringing these experiences to life.”

Ahmed Shaheen, Chief Commercial Leader of CCR, added, “Kudadoo continues to set new benchmarks for luxury hospitality in the Maldives. Being named the world’s best all-inclusive hotel by Condé Nast Traveler underscores not only the excellence of our service but also the success of our pioneering concept. We are immensely proud to provide experiences that guests will treasure for a lifetime.”

By earning this accolade, Kudadoo Maldives reinforces its status as a world-class resort and demonstrates how the notion of all-inclusive luxury can evolve to meet the expectations of today’s experience-driven traveller. The recognition stands as a testament to Kudadoo’s pursuit of perfection and its dedication to delivering the highest standard of personalised service in one of the world’s most breathtaking destinations.

Earlier this year, Kudadoo Maldives Private Island was also featured among Condé Nast Traveler’s “16 Best Private Island Resorts in the World” for 2025 — further cementing its reputation as one of the planet’s most exceptional and exclusive escapes.

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