Tourist arrivals totaled 1.8 million so far this year, reflecting a nine percent increase compared to last year.
The tourism sector generated USD 3.4 billion (MVR 52 billion) in the first 10 months of this year, according to statistics from the Maldives Monetary Authority (MMA).
This marks a significant increase compared to the USD 2.9 billion (MVR 45 billion) earned during the same period last year. The average occupancy rate rose to 59 percent, a two percent increase from last year’s 57 percent.
January recorded the highest revenue for the year, with USD 589 million (MVR 9 billion), while May saw the lowest, with USD 213 million (MVR 3.3 billion).
Tourist arrivals totaled 1.8 million so far this year, reflecting a nine percent increase compared to last year.
February had the highest occupancy rate at 81 percent, which also saw the highest number of tourist arrivals.
The lowest occupancy rate was recorded in June at 39 percent, followed by May and September, both at 44 percent.
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