Maldives Sees Rise in Resort, Safari Occupancy

Statistics have shown that resort occupancy rates increased in the first ten months of this year compared to the same period in 2023.

According to the central bank, Maldives Monetary Authority (MMA), the number of tourism beds available in the first ten months of October this year were more than last year’s availability.

The MMA’s Monthly Report for November indicates that resort and safari occupancy rates increased between January to October this year, with resort occupancy increasing from 66.3 per cent last year to 70.8 percent this year. Meanwhile, safari occupancy rates rose from 23.4 per cent last year to 26.6 per cent this year.

However, local tourism experienced a decline, with occupancy rates falling from 40.8 per cent last year to 36.1 per cent this year.

According to the report, the Maldives currently has 170 resorts, 860 guest houses, 150 safaris, offering 42,068, 14,503 and 2909 tourism beds respectively.

The Ministry of Tourism reports that 1.9 tourists have visited the Maldives thus far this year, marking an 8.8 percent increase compared to the same period last year. The government remains optimistic of achieving its target of hosting 2 million tourist \ by the end of this year, with the Minister of Tourism Ibrahim Faisal previously stating that the goal will be achieved by December 25 based on current arrival trends.