tourism YEARBOOK 2015
Ministry of Tourism Republic of Maldives
Copyright ©Ministry of Tourism, 2015 Tourism Yearbook 2015
Produced and Published by; Statistics & Research Section Ministry of Tourism 5th Floor, Velaanaage Ameer Ahmed Magu Male’ 20094 Republic of Maldives Tel: +960 3022 200 Fax: +960 332 2512 E-mail: [email protected] Website: www.tourism.gov.mv
Data Compilation & Verification: Statistics & Research Section Ministry of Tourism
Layout & Design: Statistics & Research Section Ministry of Tourism
ii ACKNOWLEDGEMENTS
Except where otherwise indicated, data used in this publication have been collected from relevant Government Authorities and the Maldives tourism industry.
The Ministry of Tourism wishes to express its gratitude to the following government institutions for their contribution in the compilation of this publication;
Ministry of Finance and Treasury Department of Immigration and Emigration National Bureau of Statistics Maldives Inland Revenue Authority Maldives Monetary Authority Maldives Customs Services Faculty of Hospitality and Tourism Studies / Maldives National University
Ministry of Tourism also acknowledges with appreciation the Maldives tourism industry for their continued cooperation and assistance in the compilation of data for this publication.
iii INTRODUCTION
Tourism Yearbook 2015 has been produced and published by the Statistics & Research Section of the Ministry of Tourism. This publication briefly presents the overall performance of the tourism industry of the Maldives through 2010 to 2014.
This publication is divided into 6 sections 1. Tourist Accommodation 2. Tourist Arrival Trends 3. Economic Indicators of Tourism 4. Airlines Statistics 5. Tourism Forecasts; and
Each section provides important data and information. Together, the sections provide a comprehensive picture of tourism in the Maldives.
iv Table of Contents
Acknowledgements...... iii Preface ...... iv
TOURIST ACCOMMODATION Accommodation Facilities ……………………………………………………………………………………………1 Table 1: Accommodation Establishments & Bed Capacity, 2010 - 2014 ...... 1 Resorts by Atolls ……………………………………………………………………………………………………..2 Table 2: Bed Capacity of Resort Beds by Atolls, 2010 - 2014 ...... 2 Resorts by Management Type ………………………………………………………………………………………..3 Figure 1: Bed Capacity by Management Type, 2014 ……….…………………………………..…………...3 Table 3: Tourist Resorts by Type of Lease Holder, Operator and Management, 2010 - 2014 ...... 3 Capacity Utilization …………………………………………………………………………………………………..4 Table 4: Bed Nights, Occupancy Rate & Average Duration of Stay, 2010 - 2014...... 4 Figure 2: Bed Nights vs. Occupancy Rate, 2010 - 2014 ……….………...…………………………...…...... 5 Table 5: Monthly Average Occupancy Rates of Resorts & Hotels, 2010 - 2014 ...... 5
TOURIST ARRIVAL TRENDS Global Arrival Trends ...... 6 Table 6: International Tourist Arrivals Worldwide, 2010 - 2014 ...... 6 Maldives Arrival Trends ………...... 7 Table 7: Monthly Arrivals to the Maldives, 2010 - 2014 ...... 7 Major Markets ...... 8 Figure 3: Market Share by Regions, 2010 - 2014 ...... 8 Top Ten Markets in 2014 ...... 9 Table 8: Tourist Arrivals and Market Share of Top Ten Markets, 2014 ...... 9 1. China………………………………………………………………………………………………..………10 Figure 4: Growth and Market Share of China, 2010 - 2014 ...... 10 Figure 5: Monthly Arrival of Chinese Market, 2010 - 2014 ...... 10 2. Germany ……………………………..……………………………………………………………..………11 Figure 6: Growth and Market Share of Germany, 2010 - 2014 ...... 11 Figure 7: Monthly Tourist Arrivals of German market, 2010 - 2014 ...... 11 3. United Kingdom ……………………..……………………………………………………………..………12 Figure 8: Growth and Market Share of UK, 2010 - 2014 ...... 12 Figure 9: Monthly Tourist Arrivals of UK market, 2010 - 2014 ...... 12 4. Russia ………………………………..……………………………………………………………..………13 Figure 10: Growth and Market Share of Russia, 2010 - 2014 ...... 13 Figure 11: Monthly Tourist Arrivals of Russian market, 2010 - 2014 ...... 13 5. Italy …………………………………..……………………………………………………………..………14 Figure 12: Growth and Market Share of Italy, 2010 - 2014 ...... 14 Figure 13: Monthly Tourist Arrivals of Italian market, 2010 - 2014 ...... 14 6. France………………………………..………………………………………………………,……..………15 Figure 14: Growth and Market Share of France, 2010 - 2014...... 15 Figure 15: Monthly Tourist Arrivals of French market, 2010 - 2014 ...... 15 7. India …………..……………..……..……………………………………………...………………..………16 Figure 16: Growth and Market Share of India, 2010 - 2014 ...... 16 Figure 17: Monthly Tourist Arrivals of Indian market, 2010 - 2014 ...... 16 8. Japan ………………………………..……..………………………………………………………..………17 Figure 18: Growth and Market Share of Japan, 2010 - 2014 ...... 17 Figure 19: Monthly Tourist Arrivals of Japanese market, 2010 - 2014 ...... 17
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9. Korea ……………………..……..………..…………...…………………………………………..………18 Figure 20: Growth and Market Share of Korea, 2010 - 2014 ...... 18 Figure 21: Monthly Tourist Arrivals of Korean market, 2010 - 2014 ...... 18 10. Switzerland ………...……………..……..………………………...……………………………..………19 Figure 22: Growth and Market Share of Switzerland, 2010 - 2014 ...... 19 Figure 23: Monthly Tourist Arrivals of Swiss market, 2010 - 2014 ...... 19
ECONOMIC INDICATORS Tourism Contribution to the economy ...... 20 Figure 24: GDP Contribution by Major Economic Sectors, 2014 ...... 20 Table 9: Tourism Contribution to Gross Domestic Product (GDP), 2010 - 2014 ...... 20 Table 10: Tourism Revenue and Tax, 2010 - 2014 ...... 21 Table 11: Tourism Receipts, 2010 - 2014 ...... 21 Table 12: Government Expenditure on Tourism, 2010 - 2014 ...... 22 Figure 25: Tourism Revenue & Expenditure, 2010 – 2014...... 22
AIRLINE STATISTICS Traffic by Domestic Carriers …………….…………………………………………………………………..……23 Table 13: Passenger Arrivals by Domestic Carriers at Ibrahim Nasir International Airport, 2010 – 2014 ...... 23 Traffic by International Carriers ……………………………………………………………………………..……23 Table 14: Passenger Arrivals by Type of International Carriers, 2010 - 2014 ...... 23 International Scheduled Carriers …………….………...……………………………………………………..……24 Table 15: Traffic by International Carriers - Scheduled, 2010 - 2014 ...... 24 International Chartered Carriers …………….………...……………………………………………………...……25 Table 16: Traffic by International Carriers - Chartered, 2010 - 2014 ...... 25
TOURISM FORECASTS Global Forecasts ...... 26 Table 17: Global Arrival Forecasts, 2015 ...... 26 Maldives Tourism Forecasts ………………………………………………………………………………………26 Table 18: Maldives Tourism Forecasts 2015 - 2018 ...... 26 Table 19: Resort / Hotel Projects Underway ………………………………………………………………………27
ADDITIONAL TABLES Table 20: Bed Capacity of Tourist Resorts, 2010 - 2014 ...... 31 Table 21: Bed Capacity of Tourist Hotels, 2010 - 2014 ...... 35 Table 22: Graduates from Faculty of Hospitality & Tourism Industry, 2010 - 2014 ...... 36 Table 23: Inbound and Outbound Travel, 2010 - 2014 ...... 36 Table 24: Seasonal Variation of Tourist Arrivals, 2010 - 2014 ...... 36 Table 25: Tourist Arrivals & Market Share by Major Markets, 2010 - 2014 ...... 37 Table 26: Growth Trends of Major Markets, 2010 - 2014 ...... 39 Table 27: Tourist Arrivals by Nationality – at end September 2015 ...... 41 Table 28 Major Tourism Indicators - at end September 2015 ...... 43
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SECTION 1: TOURIST ACCOMMODATION
Accommodation Facilities
There are four main types of accommodation establishments available for tourists in the Maldives, namely, Resorts, Hotels, Guest Houses and Safari Vessels. The number of these establishments increased steadily over the last five years.
At the end of 2014, number of registered establishments reached 511 with a total bed capacity of 31,569. While the total bed capacity saw an increase of 5% in 2014, compared with that of 2013, the number of establishments recorded a huge increment of 19%. Main reason for the huge difference in growth rate of bed capacity and number of establishments is the increasing number of Guest Houses, as these type of establishments mainly consists of 10 to 15 beds.
Table 1 below represents the types of establishments with their bed capacity over the last five years.
Table 1: Accommodation Establishments and Bed Capacity, 2010-2014 2010 2011 2012 2013 2014 Type of Establishment Nos Beds Nos Beds Nos Beds Nos Beds Nos Beds Resorts / Marinas 98 21,350 101 22,128 105 22,901 110 23,677 111 23,917 Hotels 17 1,449 19 1,603 19 1,627 19 1,626 19 1,704 Guest Houses 25 476 38 659 75 1,101 135 1,930 220 3,209 Safari Vessels 156 2,434 157 2,514 154 2,503 163 2,716 161 2,739
Total 296 25,709 315 26,904 353 28,132 427 29,949 511 31,569 Source: Ministry of Tourism
Resorts in the Maldives are built under the concept “one-island-one-resort”. Due to this unique concept, resorts continue to be the most attractive form of accommodation in the Maldives. At the end of 2014, there were a total of 111 resort islands with 23,917 beds registered in the Maldives, which was 76% of the total bed capacity that year. There were two new islands that were registered as tourist resorts at the Ministry of Tourism in 2014. The two new resorts were Loama Resort Maldives (186 beds) in Raa Atoll Maamigili and Kandholhu Island Maldives (60 beds) in North Alif Atoll Kandholhudhoo. One of the operational resorts, Club Faru (304 beds), was shut down and its agreement was terminated as the island was taken as part of the Hulhumale’ under its 2nd phase of development.
Hotels accounted for 5% of the total bed capacity in the Maldives in 2014. From the hotel sector, while two
new hotels were registered, two existing ones shut down its operation and their license was cancelled. Hence, the number of hotels remained at 19, however a slight increase in its bed capacity was registered from 1,626 in 2013 to 1,704 at the end of 2014. The two new hotels that came into operation were Amilla Fushi (146 beds) in Baa Atoll Finolhas and The Barefoot Eco Hotel (40 beds) in South Alif Atoll Hanimaadhoo. Nalahiya Hotel (84 beds) and The Boutique Inn at Villa Shabnamee (20 beds) were the two hotels that stopped its operation in 2014.
The Guest House sector has been increasing rapidly over the last five years, contributing10% to the total
bed capacity at the end of 2014. The number of guest houses increased from 25 with 476 beds in 2010 to 220 with 3,199 beds at the end of 2014. This huge increase is due to the government policy being eased on guest houses, allowing guest houses to be built on all local islands. In 2014, 93 new guest houses with 1,322 beds in 37 islands of 15 atolls were registered with the Ministry of Tourism. With these new additions, there were 220 guest houses in 53 islands across 19 atolls of the Maldives at the end of 2014.
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Safari Vessels, are live-aboard floating beds, usually equipped with professional diving equipment and qualified diving instructors, offering standard or luxury accommodation facilities on board with all amenities. These vessels cruise around Maldives stopping over at different dive locations and uninhabited islands. These type of accommodation is very popular among divers. Safari vessels account for 9% of the total bed capacity of the Maldives. At the end of 2014, there were 2,739 beds in 161 safari vessels registered with the Ministry of Tourism.
Distribution of Accommodation Facilities by Atolls At the end of 2014 there was at least one type of tourist accommodating facility in each atoll of the Maldives. While Thaa Atoll had a resort with 132 beds, Gnaviyani Atoll had a guest house with 8 beds. Kaafu Atoll continues to be the dominating atoll taking hold of nearly 44% of the total bed capacity of the Maldives in 2014. While 38% of resort beds were in Kaafu Atoll in 2014, Hotels had 71% of its beds originating from this Atoll and Guest Houses contributed 75% of its bed capacity to Kaafu Atoll. Second leading atoll was Alif Dhaalu Atoll with 13.8% (refer Table 2).
Table 2: Accommodation Facilities by Atolls, 2014
Resorts Hotels Guest Houses Total % % % % Atoll Share Share Share Share Nos. Beds of Beds Nos. Beds of Beds Nos. Beds of Beds Nos. Beds of Beds Haa Alifu 3 464 1.9 0 0 0.0 4 31 1.0 7 495 1.7
Haa Dhaalu 0 0 0.0 1 40 2.3 4 40 1.2 5 80 0.3 Shaviyani 1 97 0.4 0 0 0.0 1 8 0.2 2 105 0.4 Noonu 4 796 3.3 0 0 0.0 4 36 1.1 8 832 2.9 Raa 2 656 2.7 0 0 0.0 2 14 0.4 4 670 2.3
Baa 8 1,704 7.1 1 146 8.6 12 100 3.1 21 1,950 6.8 Lhaviyani 5 1,636 6.8 0 0 0.0 1 8 0.2 6 1,644 5.7 Kaafu 42 8,968 37.5 14 1,216 71.4 137 2,417 75.3 193 12,601 43.7
Alifu Alifu 13 2,216 9.3 0 0 0.0 20 182 5.7 33 2,398 8.3 Alifu Dhaaalu 16 3,862 16.1 0 0 0.0 10 111 3.5 26 3,973 13.8 Vaavu 2 402 1.7 0 0 0.0 10 76 2.4 12 478 1.7 Meemu 2 400 1.7 0 0 0.0 1 14 0.4 3 414 1.4
Faafu 1 250 1.0 0 0 0.0 2 10 0.3 3 260 0.9 Dhaalu 3 590 2.5 0 0 0.0 3 34 1.1 6 624 2.2 Thaa 1 132 0.6 0 0 0.0 0 0 0.0 1 132 0.5 Laamu 1 194 0.8 1 46 2.7 3 80 2.5 5 320 1.1
Gaafu Alifu 4 524 2.2 0 0 0.0 1 6 0.2 5 530 1.8 Gaafu Dhaalu 1 200 0.8 0 0 0.0 2 20 0.6 3 220 0.8 Gnaviyani 0 0 0.0 0 0 0.0 1 8 0.0 1 8 0.0 Seenu 2 826 3.5 2 256 15.0 2 14 0.4 6 1,096 3.8
Total 111 23,917 100.0 19 1,704 100.0 220 3,209 100.0 350 28,830 100.0 Source: Ministry of Tourism 2 | P a g e
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Resorts by Management Type Table 3 represents the number of resorts and its related bed capacity by type of lease holders, operators and management parties for the last five years.
Table 3: Resorts by Type of Lease Holder, Operator and Management, 2010-2014 Lease Holder Operator Management Joint Joint Joint Year Local Foreign Venture Total Local Foreign Venture Total Local Foreign Venture Total 2010 Nos 74 10 14 98 43 37 18 98 - - - - Share (%) 75.5 10.2 14.3 100.0 43.9 37.8 18.4 100.0 - - - - Beds 16,570 1,382 3,398 21,350 10,642 6,310 4,398 21,350 - - - - Share (%) 77.6 6.5 15.9 100.0 49.9 29.5 20.6 100.0 - - - - 2011 Nos 74 12 15 101 47 37 17 101 43 41 17 101 Share (%) 73.3 11.9 14.9 100.0 46.5 36.6 16.8 100.0 42.6 40.6 16.8 100.0 Beds 16,722 1,858 3,548 22,128 11,390 6,430 4,308 22,128 10,394 7,426 4,308 22,128 Share (%) 75.6 8.4 16.0 100.0 51.5 29.1 19.5 100.0 47.0 33.6 19.5 100.0 2012 Nos 73 13 19 105 50 35 20 105 45 42 18 105 Share (%) 69.5 12.4 18.1 100.0 47.6 33.3 19.0 100.0 42.9 40.0 17.1 100.0 Beds 16,484 2,118 4,299 22,901 12,030 6,332 4,539 22,901 10,748 7,785 4,368 22,901 Share (%) 72.0 9.2 18.8 100.0 52.5 27.6 19.8 100.0 46.9 34.0 19.1 100.0 2013 Nos 77 15 18 110 50 41 19 110 46 46 18 110 Share (%) 70.0 13.6 16.4 100.0 45.5 37.3 17.3 100.0 41.8 41.8 16.4 100.0 Beds 17,126 2,326 4,225 23,677 12,098 7,114 4,465 23,677 11,204 8,105 4,368 23,677 Share (%) 72.3 9.8 17.8 100.0 51.1 30.0 18.9 100.0 47.3 34.2 18.4 100.0 2014 Nos 75 17 19 111 48 43 20 111 45 47 19 111 Share (%) 67.6 15.3 17.1 100.0 43.2 38.7 18.0 100.0 40.5 42.3 17.1 100.0 Beds 16,968 2,620 4,329 23,917 11,592 7,756 4,569 23,917 10,866 8,579 4,472 23,917 Share (%) 70.9 11.0 18.1 100.0 48.5 32.4 19.1 100.0 45.4 35.9 18.7 100.0 Source: Ministry of Tourism
At the end of 2014, while the number of resorts leased, Figure 1: Bed Capacity by Type, 2014 operated and managed by local companies had a drop compared to that of 2013, facilities leased, operated and managed by foreign and joint venture companies saw an increase.
In 2014, there were 75 resorts leased to local companies, 48 resorts had local companies as operators and 45 resorts were managed by local companies. The number of resorts leased to foreign companies in 2014 was 17, resorts operated by foreign companies was 43 and 47 resorts were managed by foreign companies. The number of resorts, leased, operated and managed by joint venture companies during the year was 19, 20 and 19 respectively.
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Capacity and Utilization The operational bed capacity differs from registered bed capacity as the operational bed capacity excludes the bed capacity of those establishments which were temporarily closed for any purpose. At the end of 2014, on average a total of 26,910 beds were operational. This includes 24,368 beds in resorts and hotel and 2,541 beds in guest houses and vessels. The bed night capacity increases relatively to the increase in bed capacity. In 2014 the total bed night capacity was 9.8 million. Table 4: Bed Nights, Occupancy Rate and Duration of Stay, 2010 - 2014 Bed Capacity in Bed Night Bed Night Tourist Bed Occupancy Average Duration Year Operation Growth Capacity Nights Rate (%) of Stay (days) (annual average) (%) 2010 23,649 8,631,809 5,986,342 - 69.5 7.6
Resorts & Hotels 21,541 7,861,955 5,829,589 13.2 74.2 7.4
Guest Houses & Vessels 2,108 769,854 156,753 - 20.7 0.2
2011 24,493 8,939,306 6,529,200 9.1 73.1 7.0
Resorts & Hotels 22,507 8,214,987 6,358,578 9.1 77.5 6.8
Guest Houses & Vessels 1,987 724,319 170,622 8.8 23.4 0.2
2012 25,062 9,148,755 6,450,889 -1.2 70.4 6.7
Resorts & Hotels 23,483 8,572,045 6,317,301 -0.6 73.5 6.6
Guest Houses & Vessels 1,579 576,710 133,588 -21.7 23.3 0.1
2013 26,161 9,549,670 7,057,722 9.4 74.0 6.3
Resorts & Hotels 24,052 _/ 8,779,244 _/ 6,876,689 8.9 78.4 6.1
Guest Houses & Vessels 2,109 770,426 181,033 35.5 23.8 0.2
2014 26,910 9,820,961 7,290,115 3.3 74.3 6.1
Resorts & Hotels 24,368 8,894,302 7,088,686 3.1 79.7 5.9
Guest Houses & Vessels 2,541 926,659 201,429 11.3 22.0 0.2
Source: Ministry of Tourism Note: Revised _/
The tourist bed nights saw an increase of 3.3% in 2014 with a total of 7,290,115 nights at the end of the year. This accounts for the 7,088,686 nights recorded from resorts and hotels and 201,429 nights recorded from guest houses and vessels.
Over the last five years, from 2010 to 2014, the average occupancy rate fluctuated between 70% and 74%, maintaining at an average rate of 72% for the period. With a slight increase compared to 2013, the year 2014 ended with an average occupancy rate of 74.3%.
A steady decline has been observed from the average stay of tourists over the years. Average stay went down from 7.6 days in 2010 to 6.1 days at the end of 2014. The declining average stay is due to the shift in traditional market segments of the Maldives from Europe to Asia. While the European tourists are found to spend on average 8 days during the holidays, the Asian tourists tend to stay for shorter periods of 4 to 5 days.
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Table 5: Monthly Average Occupancy Rates of Resorts & Hotels, 2010 - 2014 Month 2010 2011 2012 2013 2014
January 83.5 87.2 90.3 82.1 87.5
February 92.5 94.4 87.3 93.6 94.9
March 82.6 85.8 78.0 86.4 85.0
April 74.2 83.8 77.2 79.0 84.8
May 64.5 65.5 63.1 71.3 73.4
June 50.2 55.0 53.7 59.0 64.1
July 63.5 68.9 65.9 70.4 73.6
August 73.1 72.8 71.6 80.5 81.6
September 67.6 69.3 63.7 72.0 72.6
October 79.8 83.4 80.2 86.8 86.4
November 81.4 83.9 74.5 78.2 73.6
December 77.7 79.9 76.7 81.3 78.9
Annual Average 74.2 77.5 73.5 78.4 79.7 Source: Ministry of Tourism
The monthly pattern of average occupancy rates of resorts and hotels is presented in Table 5. As can be seen from the table, the Maldives experiences low rates of occupancy from the month of May through September with June recording the lowest over the years. From October, the occupancy rate increases and reaches a maximum during the month of February.
Figure 2: Bed Nights vs. Occupancy Rate, 2010 - 2014
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SECTION 2: TOURIST ARRIVAL TRENDS
Global Arrival Trends
The year 2014 was a successful year for global arrival trends as it was marked as the fifth consecutive year of robust growth in international arrivals. As per data collected by the UNWTO during January 2015, for the World Tourism Barometer (WTB), over 1.1 billion tourists travelled abroad in 2014 reaching a total of 1,138 million. This was 51 million more than that of 2013 and an increase of 4.7%. Table 6: International Tourist Arrivals Worldwide, 2001 - 2014 Tourist Arrivals (in millions) % Change 2010 2011 2012 _/ 2013 _/ 2014 * (2014/2013) % Share 2014 * Europe 484.9 516.1 539.6 566.3 588.4 3.9 51.7 Asia & the Pacific 205.1 218.6 233.8 249.8 263.0 5.3 23.1 Americas 150.3 156.0 162.5 168.1 180.6 7.4 15.9 Africa 49.9 49.7 52.2 54.7 56.0 2.3 4.9 Middle East 58.2 54.7 49.8 48.2 50.3 4.4 4.4 World 949 996 1,038 1,087 1,138 4.7 100.0 Note: *Data as collected by UNWTO, January 2015 _/ revised Source: Adapted from UNWTO World Tourism Barometer, January 2015 Edition
As per the WTB January 2015 edition, growth has been consistent throughout the year with most months registering growth rates close to the annual average of 4.7%. Boosted by a late Easter holiday, the strongest growth was observed during the month of April where a 10% increase was estimated compared with the same month of 2013 and weakest was registered in March with just 1% growth.
Europe was the most visited region in 2014 with over half of world’s international tourists during the year. International arrivals in Europe were up by a notable 4% during the year 2014, an increase of 22 million from 2013, reaching the total to 588 million in 2014. Northern Europe and Southern and Mediterranean Europe led the growth from this region with 7% increase each.
Tourist arrivals in Asia and the Pacific increased by 5% in 2014 reaching a total of 263 million. Best performers within the region were North-East Asia and South Asia with 7% increase each, for the year.
Americas welcomed additional 13 million tourists raising the total to 181 million at the end of the year 2014. The growth rate (7%) registered from the region was driven by North America (8%) and the Caribbean (7%).
International arrivals in Africa increased by 2%. The region welcomed a total of 56 million international arrivals in 2014.
Middle East attracted an additional 2 million arrivals bringing the total to 50 million with a growth rate of 4%.
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Maldives Arrival Trends
Over the last five years, tourist arrivals to the Maldives increased at an average rate of 13% annually. Arrival numbers increased from 700 thousand in 2010 to 1.2 million by 2014. During the last five years, while 2010, 2011 and 2013 growth rate was above the five year average (13%), weakest performance was seen during 2012 (2.9%). The one million target was reached in 2013. Although the growth rate for the year 2014 was below the five year average, the year also ended as a successful year for the Maldives tourism with achieved targets in terms of arrival numbers. Tourist arrivals were up by 7% reaching a total of 1.2 million at the end of the year 2014.
Monthly results for 2014 were outstanding with arrival numbers exceeding 100 thousand each month, in 8 months out of the 12. In terms of growth rate, strongest was recorded during the month of January (18.5) and in absolute terms, the month of February (110,705) was the best. Weakest performed month, in terms of numbers was June (83,347) and November recorded the lowest growth rate (-5.1%) for the year
Table2014. 7: Monthly Arrivals to the Maldives, 2010 - 2014 2010 2011 2012 2013 2014 Arrivals Growth % Arrivals Growth % Arrivals Growth % Arrivals Growth % Arrivals Growth %
January 67,478 9.7 79,493 17.8 96,146 20.9 88,869 -7.6 105,296 18.5
February 77,063 31.7 87,392 13.4 83,252 -4.7 104,745 25.8 110,705 5.7
March 74,975 20.7 80,732 7.7 76,469 -5.3 99,498 30.1 105,560 6.1
April 60,742 6.2 79,947 31.6 79,288 -0.8 90,636 14.3 105,309 16.2
May 58,324 35.2 64,456 10.5 63,534 -1.4 79,426 25.0 91,296 14.9
June 44,050 21.7 55,947 27.0 59,379 6.1 76,493 28.8 83,347 9.0
July 57,232 29.1 72,516 26.7 76,966 6.1 87,972 14.3 100,191 13.9
August 66,315 26.6 76,828 15.9 79,768 3.8 98,338 23.3 104,186 5.9
September 62,524 24.1 71,861 14.9 76,806 6.9 92,298 20.2 95,114 3.1
October 74,707 19.7 91,059 21.9 92,391 1.5 107,331 16.2 110,331 2.8
November 74,252 19.8 85,501 15.1 82,311 -3.7 94,584 14.9 89,778 -5.1
December 74,255 13.2 85,601 15.3 91,717 7.1 105,012 14.5 103,744 -1.2
Total 791,917 20.7 931,333 17.6 958,027 2.9 1,125,202 17.4 1,204,857 7.1 Source: Ministry of Tourism Data provided by: Department of Immigration & Emigration
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Major Markets to the Maldives Asia & the Pacific continued its extraordinary performance over the last five years, gaining on average 4% to its shares each year and taking over the European region to become the leading market generator to the Maldives. The growth rate of the region has been phenomenal over the years with over 30% as the five year annual average rate. Taking hold of over 49% shares and a total arrival of 588,845 the region posted an impressive growth rate of 12.3% in 2014 compared with that of 2013. North East Asia was the leading sub region within Asia and the Pacific, accounting for 37% shares. South Asia followed behind with 5.6% shares
Gi ving way to Asia and the Pacific, Figure 3: Market Share by Regions, 2010 - 2014 Europe, stepped down to the second position as the leading market generating region to the Maldives in 2013. The region further deteriorated in 2014 loosing 3% of its shares. European market share stood at 43.9% at the end of 2014. While the region grew at an average rate of 2.9% anually over the last five years, from 2010 to 2014, the Maldives received over half a million tourists from this region in 2014. Western Europe was the leading sub region within Europe taking hold of 17.7% shares at the end of 2014. Central Europe and Northern Europe followed behind with 9.1% shares each.
Americas has maintained its position at the third position over the last five years with a uniform growth. Market share of the region increased from 2.3% in 2010 to 3.4% by 2014. The region posted the highest growth in 2014 with a healthy 24.5%. While all major markets from the region posted above average growth rates, U.S.A remained as the market leader within the region.
The Middle East followed closely behind Americas taking hold of 3.1% shares at the end of 2014. With the highest average growth rate for five years (32%) the Middle East has been performing very well over the years. Market share of the region increased from 1.5% in 2010 to 3.1% by the end of 2014. Except for Lebanon, all major markets from this region posted double digit growth rates in 2014. Saudi Arabia maintained its market position as the leading market within this region at the end of 2014.
Africa region maintained a steady 0.7% shares over the last five years. The region, although maintained a double digit five year average growth rate, recorded a negative growth in 2014 due to the strong negative growth recorded from the South African market during the year.
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Top Ten Generating Markets in 2014
The top ten markets to the Maldives in 2014 includes 6 markets from Europe and 4 markets from Asia. The total arrivals from these 10 markets sum up to be 876,281, which was 72.7% of all arrivals during the year. Ranking of the markets remained same as that of 2013 from 1st through 6th position. Markets switched positions in 2014 at 7th and 8th position with each other and 9th and 10th positions with each other. Table 8: Tourist Arrivals and Market Share of Top Ten Markets, 2014 2014 2013 Market Market Rank Share Share Rank 2014 Country Arrivals (%) Arrivals (%) 2013 1 China 363,626 30.2 331,719 29.5 1
2 Germany 98,328 8.2 93,598 8.3 2
3 United Kingdom 88,704 7.4 85,869 7.6 3
4 Russia 66,308 5.5 76,479 6.8 4
5 Italy 57,862 4.8 57,854 5.1 5
6 France 50,656 4.2 54,328 4.8 6 7 India 45,587 3.8 38,014 3.4 8
8 Japan 38,817 3.2 39,463 3.5 7
9 Korea 34,896 2.9 30,306 2.7 10
10 Switzerland 31,497 2.6 34,102 3.0 9
Total 876,281 72.7 841,732 74.8 Total Arrivals to the Maldives 1,204,857 1,125,202 Source: Ministry of Tourism
China remained as the number one market, strengthening its hold on the position accounting for more than one fourth of total arrivals to the country in 2014. While Germany and United Kingdom maintained their positions at 2nd and 3rd positions respectively, both markets showed a slight decline in their shares. The Russian market, stayed at the fourth position, however the market share went down considerably from 6.8% in 2013 to 5.5% at the end of 2014. Italy and France stood at fifth and sixth positions respectively with 4.8% and 4.2% shares. Indian market stepped up to the 7th position with a slight increment to its shares from 3.4% in 2013 to 3.8% by 2014. Japan stepped down to the 8th place with 3.2% shares, Korea advanced one step up to the 9th position increasing its shares from 2.7% in 2013 to 2.9% at the end of 2014. The Swiss market lost its position to Korea and stepped down to the last position in the list with 2.6% shares in 2014.
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1. China China is said to be the world’s largest outbound travel market since 2012. With an estimated 11 million increase the number of outbound trips from China reached 109 million in 2014, reported the World Tourism Organization. The market however, was seen easing a bit in 2014 with the expenditure increasing by 17% compared with the 40% and 26% increase registered in 2012 and 2013 respectively.
Figure 4: Growth Trends & Market Share of China has been the number one market to the China, 2010 - 2014 Maldives since 2010, firmly strengthening and maintaining its position over the years. While the market grew at an average rate of 46% per year through 2010 to 2014, its market share increased by two folds during the period.
According to the findings of the Maldives Visitor Survey February 2015, while 90% of the Chinese tourists visiting the Maldives were first time visitors, their main purpose of visit was rest and relaxation. And Chinese were found to have the shortest length of stay in the Maldives, with 89% Figure 5: Monthly Arrivals of Chinese Market, staying for a period of 4 to 7 nights. 2010 - 2014
Figure 5 shows the growth trends and market share of Chinese tourists to the Maldives over the last five years. As seen from the graph, a steady upward trend was observed in arrival share and growth rate from 2010 till 2013. However, during the year 2014, the market slowed down considerably, reflecting its global performance during the year. While the market share increased by a mere one percent, arrival growth rate was at 9.6% in 2014, the lowest since 2006.
Figure 6 represents monthly pattern of Chinese arrivals to the Maldives over the last five years. An irregular seasonal pattern in Chinese tourists is observed during the last five years. Although a sharp increase in arrivals is seen during the month of February over the years, this pattern was not followed in year 2012. Arrivals from this market peak again during the month of July. Lowest count in arrivals is recorded during the month of March, however in 2014, December was recorded to be the lowest month for this market.
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2. Germany
Germany was ranked as the third largest tourism spender in 2014 by the World Tourism Organization, with an expenditure of US$ 92 billion, an increase of 1% over the previous year. According to the Pacific Asia Travel Association’s (PATA) Annual Tourism Monitor, Early edition of 2015, the Asia Pacific region received a total of 11.3 million tourists from Germany in 2014, out of which 219 thousand visited the South Asia. Being one of the most well Figure 6: Growth & Market Share of Germany, 2010 - 2014 established source markets to the Maldives, Germany was the number one market to the Maldives during the early years of tourism in the Maldives till late 90s, taking hold of a healthy share of over 20% of total arrivals. The market lost its position to Italy in 1998. Though it never regained its number one position, Germany stayed as one of the top 3 markets since then. At the end of 2014, Germany maintained its position as the second largest market Figure 7: Monthly Arrivals of German Market, 2009 - 2013 to the Maldives.
According to the findings of Maldives Visitor Survey, February 2015, while rest and relaxation was the main purpose of visit for German tourists to the Maldives, diving and snorkeling were also found to be a key factors for the Germans to visit the Maldives. Maldives being a long-haul destination for the Germans, they tend to stay longer, having a length of stay between 7 to 15 nights. Figure 7 shows the growth trends and market share of the German market for the last five years. During the last five years, the market performed well in 2012 taking hold of 10.3% shares of arrival and a growth rate of 8.7%. Year 2013 was a bad year for this market, with a negative growth rate and share dropping by 2%. At the end of 2014, the market performed with a positive 5.1% growth rate, however, the market share went further down from 8.3 to 8.2%.
The monthly pattern for the German market of the last five years is shown in Figure 8. While the pattern is irregular during the first half of each year, second half of the year shows a very clear pattern over the years. Peak month for this market is October and lowest is recorded to be June.
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3. United Kingdom (UK) The United Kingdom is said to be a traditional source market for most of the Asia Pacific countries. The Asia Pacific region received over 13 million arrivals from UK in 2014 reported the Pacific Asia Travel Association’s (PATA) Annual Tourism Monitor (ATM) 2015, Early edition. As per ATM, arrivals to South Asia from UK saw an increase of 4.3% with 269 thousand arrivals in 2014. UK remained as one of the top five Figure 8: Growth & Market Share of U.K, 2010 - 2014 markets to the Maldives during the 4 decades of tourism in the Maldives. However, the market is recorded to have lost considerable amount of its shares during the recent years. UK was the second largest market to the Maldives from 2010 till 2012, went down to the third position in 2013 and remained at the third position by end 2014.
The findings of Maldives Visitor Survey, February 2015 shows that while the warm weather of the Figure 9: Monthly Arrivals of U.K Market, 2010- 2014 Maldives plays an important role in motivating UK visitors to choose Maldives as their holiday destination, rest and relaxation was their main purpose of visit to the Maldives. Other factors that motivate UK visitors to choose Maldives include the underwater life and the white sandy beaches of the Maldives. As with most European markets, average length of stay of a UK visitor is between 7 to 15 nights.
Tourist arrivals to the Maldives from UK declined significantly through 2010 to 2013. The market, however, did well in 2014 with additional two thousand arrivals reaching a total of 88,347. Although the market share recorded a slight drop from 7.6% in 2013 to 7.4% in 2014, the market registered a positive growth of 3.3% during the year (refer Figure 9). The seasonality of the UK market is presented in Figure 10. While the month of June is recorded to have the lowest count in arrivals from UK, except for year 2010 and 2011, the peak month for this markets occurs in October. In 2010 arrivals peaked in March and in 2011 April was recorded to be the peak month.
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4. Russia According to the UNWTO’s World Tourism Barometer (WTB), August 2015 edition, due to its sluggish economic growth and depreciation of its currency against US Dollar and Euro, the international tourism expenditure by Russian Federation recorded a strong decline (-32%) in 2014. This was further supported by the data published in the Annual Tourism Monitor (ATM) 2015, early edition of the Pacific Asia Travel Association’s (PATA). As per ATM, Russian arrivals into Asia Pacific region recorded a negative growth of 0.6% in 2014.
Figure 10: Growth & Market Share of Russian, 2010 - 2014 The Russian market remained as one of the top 5 markets to the Maldives over the years, growing at an annual average rate of 12% during the last five years. The market moved up to the fourth position in 2012 and remained at the position at end 2014. However, Russia is seen losing its shares over the last two years. At the end of 2014, the market share of Russia was 5.5%, nearly a 2% drop compared to that of 2011. Though the market posted heavy growth rates in 2010, 2011 and 2013, arrivals from Russia dropped significantly in 2014 recording a Figure 11: Monthly Arrivals of Russian Market, 2010 - 2014 dramatic decline in arrivals with a negative 13.3% (refer Figure 11).
The monthly arrival pattern of this market remained consistent over the last five years (refer Figure 12). While the month of January is recorded to be the peak month for the Russian market, June remained as the weakest performed month. A slight change was observed during in 2014 where the normal upward trend seen from September till December was a downward trend.
As with most other markets, rest and relaxation was the main purpose of visit for Russian tourists to the Maldives. The Maldives Visitor Survey, February 2015 results show that 75% of the Russians came for rest and relaxation. Motivating factors effecting the Russian market to choose Maldives as their holiday destination was found to be beach, underwater life, the weather and privacy. Russians stay for a period of 8 nights or more and they tend to spend more than that of other markets. 26% said they spent over 30,000 US Dollars for the holiday in the Maldives.
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5. Italy
An estimated 16 million departures were said to have made from Italy in 2014. According to the UNWTO World Tourism Barometer, January 2015 edition, after a negative 2013, the international tourism expenditure from Italy rebounded in 2014 with a positive 6% growth.
Figure 12: Growth & Market Share of Italy, 2010 - 2014 Being among the most well established traditional source markets to the Maldives, Italy plays a major role in the Maldives tourism. It remained as the market leader for 7 consecutive years, through 1998 till 2004. However, with its unfavorable economic conditions, the market lost its position to other emerging markets, loosing substantial amount of its shares. Italy was the fifth largest market to the Maldives at the end of 2014. Figure 13: Monthly Arrivals of Italian Market, 2010 - 2014 Over the last five years, the Italian market lost nearly 7% of its shares. The market share went down from 11.3% in 2010 to 4.8% at the end of 2014. The five year average annual growth rate was recorded to be negative at -7.8%. The Italian market, however, managed to maintain a neutral growth of 0% in 2014 compared with that of 2013 (refer Figure 13).
Looking at monthly trends from this market, while the pattern is irregular during the first four months, a uniform pattern is observed through April till December. From 2010 to 2013, arrivals reached at its peak during the month of March and in 2014, arrivals from this market was at its highest in December. June is recorded to be the lowest month in arrivals from this market.
According the findings of Maldives Visitor Survey, February 2015 while beach and underwater life remains as the major motivating factors for Italian tourists choosing the Maldives as their holiday destination, their main purpose of visit, apart from rest and relaxation, was snorkeling and diving. Average length of stay for Italian tourists was found to be 4-7 nights.
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6. France According to the UNWTO World Tourism Barometer, January 2015 edition the international tourism expenditure from France saw a double digit increase in 2014. The PATA Annual Tourism Monitor 2015- early edition reported that the arrivals from France into Asia & the Pacific region increased by 3.6% in 2014 with a total of 6.9 million arrivals. Out of which the South Asia region was reported to have attracted 152,947 arrivals in 2014, an increase of 9.5% over 2013. Figure 14: Growth & Market Share of France, 2010 - 2014 France remained as the sixth largest individual market to the Maldives at the end of 2014 attracting a total of 50,656 tourists at the end of the year. The French market has declined considerably over the last five years, reporting negative growths since 2012. The five year (2010-2014) annual average growth rate however, remains positive with 0.4% The market lost over 2% of its shares over the last five years, from 6.9% in 2010 to 4.2% at the end of 2014 (Refer Figure 15).
Figure 15: Monthly Arrivals of French Market, 2010 - 2014 Figure 16 represents monthly arrival pattern of French market. The market has maintained a very strong trend over the last five years. Arrivals from this market start increasing in October and the upward trend is continued till March following year. Peak month for the French market is recorded to be February and the weakest June.
According to the findings of Maldives Visitor Survey, February 2015, majority (65%) of visitors from France were above the age of 35 years. While their main purpose of visit, apart from rest and relaxation, was found to be honeymoon, snorkeling and diving, the main motivators for choosing Maldives as the holiday destination were underwater life and the weather. French tend to stay for a period of 4 to 7 nights.
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7. India According to the PATA Annual Tourism Monitor 2015, Early Edition, Indian arrivals into Asia Pacific region were growing at extremely strong rate during the last five years. However, year 2014 ended in a moderate rate of 7.4% generating over 6.7 million arrivals into the region during the year. South Asia was recorded to have received over 400 thousand arrivals from India in 2014. India has remained as one of the
Figure 16: Growth & Market Share of India, 2010 - 2014 top ten source markets to the Maldives over the years. The Indian market which was the 8th largest market to the Maldives in 2013, performed well in 2014 overtaking Japan to step up to the 7th position at the end of 2014. While India became the 7th largest market, it also became the second largest market to the Maldives from Asia region in 2014.
The market has managed to maintain a consistent share of 3.3% from 2010 till 2012. Market share increased slightly to 3.4% in Figure 17: Monthly Arrivals of Indian Market, 2010 - 2014 2013 and in 2014 gained 0.4% increasing the share to 3.8% (Refer Figure 17). The market has increased at a very strong rate of 25% annually over the last five years. At the end of 2014, the Maldives received a total of 45,587 tourists from India.
The Indian market has shown irregular monthly patterns over the last five years. However, the month of December remained as the peak month for this market.
According to the Maldives Visitor Survey conducted in February 2014, contradictory to other markets, for the Indian market, privacy and peacefulness plays an important role as a motivating factor for choosing Maldives. And majority (61%) of Indian visitors came to Maldives for their honeymoon. While 72% of the visitors from India were between the ages of 25 to 34, they tend to stay for shorter periods. More than 45% stayed for 0 to 3 nights.
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8. Japan Outbound travel from Japan is said to have softened during the last two years. As per data published in Japan Tourism Marketing Co. over 16 million departures were recorded from Japan in 2014, which was a drop of -3.3% compared to that of 2013. According to PATA Annual Tourism Monitor 2015 early edition arrivals from Japan into Asia Pacific declined by 3.5% in 2014, however, Japanese arrivals into South Asia recorded a positive growth of 5.3% in 2014. Figure 18: Growth & Market Share of Japan, 2010 - 2014 Japan used to be the number one source market to the Maldives from Asia region until China took over in 2007. The Japanese market which was badly effected after the Asian Tsunami in 2004 lost considerable amount of its shares over the years that followed. Its share went down from a bulky 10% to a mere 3%. Japan which was the 7th largest market in 2013 went further down to the 8th position in 2014. Although the market saw a growth of 8.3% in 2013, its share went down to 3.5% that year. In Figure 19: Monthly Arrivals of Japanese Market, 2010 - 2014 2014 the Japanese arrivals to the Maldives declined by 1.6% further weakening its shares to 3.2% (refer figure 19).
The Japanese market is observed to have one of the firmest monthly trends over the last five years. While the month of December remained as the peak month for this market, May is the lowest (Refer Figure 20).
The findings of Maldives Visitor Survey, February 2015 shows that nearly 45% of Japanese tourists were motivated by the beach and underwater beauty of the Maldives. Also it was found that peacefulness (11%) plays a major role for this market as a motivator. Rest and Relaxation and honeymoon was found to be their main purpose of visit. Majority of this market spends a maximum period of 7 nights in the Maldives.
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9. Korea The PATA Annual Tourism Monitor 2015 (ATM) early edition, reported that, over 17 million South Koreans travelled to Asia Pacific destinations in 2014 which was an increase of 7.7% compared with that of 2013. As per ATM, South Asia is said to have received a total of 65,195 tourists from Korea in 2014. A growth of 4.4% compared with that of 2013.
Figure 20: Growth & Market Share of Korea, 2010 - 2014 Korea, which was at the 10th position in 2013, did well in 2014, overtook Swiss market and rose to the 9th place at the end of 2014. Over the last five years, the Korean market grew at an impressive average rate of 18% annually. The market recorded a negative growth in 2012, however rebounded with a very strong growths the following two years. The market share has increased by 0.2% each year over the last three years. At the end of 2014, market share of Korea stood at 2.9%. (Refer Figure 21) Figure 21: Monthly Arrivals of Korean Market, 2010 - 2014 Figure 22 represents monthly performance of the Korean market over the last five years. The month of October is seen as a peak month throughout the last five years. The month of May is also a peak month for this market except for the year 2012 where a drop in arrivals was recorded from this market. Arrivals from this market is at its lowest during the first quarter and the third quarter of the year.
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10. Switzerland Switzerland is said to have a stable and prosperous economy being ranked as the wealthiest country in the world. The Swiss population enjoys travelling aboard. An estimated 85% of Swiss people on average are said to go on at least one holiday per year. In 2014, Swiss people were said to have made an estimated at 13 million outbound trips.
Figure 22: Growth & Market Share of Switzerland, 2010- 2014 The Swiss market, which has been an important market to the Maldives, remaining among the top ten markets over the years, has been declining during the last five years losing its market shares. In 2012, Switzerland was at the 8th position, went down to the 9th place in 2013 and by end 2014, the market was at the 10th position with 2.6% shares. Arrivals to the Maldives from Switzerland recorded a strong negative growth of 7.6% in 2014, against a negative 2013. (Refer Figure 23: Monthly Arrivals of Swiss Market, 2010 - 2014 Figure 23)
Figure 24 represents the monthly arrival pattern of the Swiss market during the last five years. As can be seen from the graph, the market has shown strong seasonality patterns over the years. Highest season for the market is through October till April with April as the peak month. June is recorded to be the lowest month for this market.
According to the Maldives Visitor Survey findings, main motivators for the Swiss market to choose Maldives as their holiday destination were Beach, under water and the weather. Their main purpose of visit was found to be rest and relaxation and nearly 50% of Swiss tourists stay for 8 nights or more.
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SECTION 3: ECONOMIC INDICATORS
Tourism Contribution to the Economy
The Maldives economy is largely driven by tourism, which takes hold of over one fourth of the country’s Gross Domestic Product (GDP). While tourism remains as the key foreign exchange earner for the country, one third of the government revenue is generated from this sector. Tourism is also known as the leading employment generator to the country.
Figure 24: GDP Contribution by Major Economic Figure 25 represents GDP contribution by Sectors of the Maldives, 2014 economic sectors in 2014. As can be seen from the graph, quarter of the pie (25.3%) is taken by Tourism. While Transport and Communication contributed 17.6% to GDP, Construction, Manufacturing, Electricity & Water all together contributed 12.6%. Government Administration contributed 9.8% to GDP in 2014. The percentage share of Fisheries and Agriculture to GDP was 3% and Real Estates contributed 6.7%. Other Services contributed 13.7% to GDP in 2014, these include, Wholesale & Retail Trade, Education, Health, Financial Services, Business Services and Social Services. Source: Ministry of Tourism Data taken from: Statistical Yearbook of Maldives, 2015
Over the last five years, tourism contribution to GDP, in terms of currency, increased steadily at an average annual rate of 7.6%. A negative growth was recorded in 2012, due to the slowed performance in tourist arrivals that year. In 2014, the tourism contribution to GDP was 6,601 million Rufiyaa, which was an increase of 4% over 2013. The percent share of tourism remained constant at 25% over the last five years. While in 2013 the percent share was 25.9%, at the end of 2014, it dropped slightly to 25.3%.
Table 9: Tourism Contribution to GDP, 2010-2014 (Million Rufiyaa, at 2003 Constant Prices)
% Share of Tourism Year GDP Tourism Contribution Growth % Contribution 2010 20,966.00 _/ 5,335.40 _/ 15.8 25.4
2011 22,791.90 _/ 5,824.60 _/ 9.2 25.6
2012 23,361.40 _/ 5,820.60 _/ -0.1 24.9
2013 24,458.90 _/ 6,346.10 _/ 9.0 25.9
2014 26,043.70 6,601.00 4.0 25.3
Source: Ministry of Tourism Note: _/ Revised Data Provided by: National Bureau of Statistics
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Tourism Revenue includes earnings received from Goods and Service Tax from the Tourism Sector (T-GST), Tourist Bed-night Tax, Tourism Land Rent and Lease Period Extension Fee. The resort lease rent formula was revised in 2011 from a bed capacity based rent to a land based rent where US$ 8 is charged per square meter of the island. The T-GST which was introduced in 2010 at a rate of 3.5% was increased to 6% from 1st January 2012 and from 1st January 2013 it was again increased to 8%. From 1st November 2014, the rate was further increased to 12%.
In 2014, Tourism Revenue contributed nearly 40% to the total Government Revenue, highest recorded over the last five years. In 2014, while the total Government Revenue was 14.5 billion Rufiyaa, Tourism Revenue totaled 5.8 Billion, which was an increase of +40% compared with that of 2013. Over 50% of the tourism revenue in 2014 came from Tourism Goods and Service Tax (T-GST) (Refer Table 10).
Table 10: Tourism Revenue and Tax, 2010-2014 (Million Rufiyaa) 2 Total Tourism Revenue % Share of Tourism Year Government Tourist Tourism Goods Lease Period Total Revenue in Total 1 Bed-night & Service Tax Extension Tourism Revenue Government Revenue Land Rent Tax (T-GST) Fee Revenue 2010 6,392.40 1,100.37 594.36 - 19.13 1,703.61 26.9
2011 9,172.10 1,202.50 750.74 836.52 511.26 2,568.30 28.0
2012 9,771.40 1,049.84 802.90 1,566.35 168.71 3,389.51 34.7
2013 _/ 11,783.10 1,068.82 860.14 2,451.15 - 4,122.66 35.0
2014 14,492.60 1,254.10 803.83 2,971.55 705.91 5,771.64 39.8
Source: Ministry of Tourism Note: _/ Revised Data Provided by: 1Ministry of Finance and Treasury, 2 Maldives Inland Revenue Authority
Tourism Receipts, is the expenditure made by tourists in the Maldives during their stay and calculated in U.S. Dollars. Up until 2013, Tourism Receipts were generated using a crude model where estimated expenditures by tourists in and out of the resorts were fed to the model to get the receipts. After the introduction of TGST in 2010, it was found that the Tourism Receipts generated using this model was highly under-estimated. Hence, the Maldives Monetary Authority revised their methodology and compilation process for Tourism Receipts, where actual numbers from Tourism Goods & Services Tax (TGST), tourism tax and duty free revenue were used to generate the receipts. Table 11 below represents Tourism Receipts from 2010 to 2014. The figure for 2010 was generated using the old model, thus not comparable with 2011.
Table 11: Tourism Receipts, 2010 - 2014 (Million U.S. Dollars)
Year Tourism Receipts 1 Growth Rate (%) Exports, FOB 2 Imports, CIF 2
2010 1,569.65 _/ - 73.91 1,090.86
2011 1,942.27 - 114.81 1,328.55
2012 1,950.55 0.43 161.03 1,548.94
2013 2,332.71 19.59 165.93 1,727.29
2014 2,645.24 13.40 144.47 1,987.63
Source: Ministry of Tourism Data provided by: 1 Maldives Monetary Authority 2 Maldives Customs Services 21 | P a g e
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Tourism Expenditure refers to the expenditure made on tourism from the central government budget. Table 12 presents the tourism expenditure in relation to total government expenditure from 2010 to 2014. On average 0.3% of the Government Expenditure was spent on tourism over the last five years. In 2014, out of the 16.5 billion Rufiyaa, which was the total Government Expenditure that year, Tourism Expenditure was 52.3 million Rufiyaa. However, tourism expenditure saw an increase of 58.3% in 2014 compared with that of 2013.
Table 12: Government Expenditure on Tourism, 2010 - 2014 (Million Rufiyaa)
% Share of Tourism Year Government Expenditure Tourism Expenditure Expenditure
2010 10,996.36 46.86 0.4
2011 12,663.74 33.75 0.3
2012 13,200.23 52.52 0.4
2013 13,666.26 _/ 33.05 _/ 0.2
2014 16,488.26 52.31 0.3
Source: Ministry of Tourism Note: _/ Revised Figures Data Provided by: Ministry of Finance and Treasury
Figure 25: Tourism Revenue & Expenditure, 2010 - 2014
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SECTION 4: AIRLINE STATISTICS
Traffic by Domestic Carriers Passenger arrivals from domestic carriers at Ibrahim Nasir International Airport (INIA) is presented in Table 13. Domestic carriers include seaplane and airplane movements. Island Aviation Services, Fly Me and Mega Maldives operate airplanes and Trans Maldivian Airways (TMA) and Maldivian Air Taxi (MAT) operate seaplane in the Maldives. While MAT stopped its operation in 2012, Mega Maldives had no domestic movements in 2014.
A huge increased traffic was recorded from TMA in 2014. TMA caters only for the tourism industry carrying tourists to and from INIA and resorts. Out of the 75,226 domestic flight movements in 2014, 67.6% were TMA movements. Island Aviation and Fly Me movements also increased in 2014 (Refer Table 13)
Table 13: Passenger Arrivals by Domestic Carriers at Ibrahim Nasir International Airport, 2010-2014 2010 2011 2012 2013 2014 No. of No. of No. of No. of No. of Movements Passenger Movements Passenger Movements Passenger Movements Passenger Movements Passenger Operator (Take off / In (Take off / In (Take off / In (Take off / In (Take off / In Landing) Landing) Landing) Landing) Landing) Domestic Island Aviation Services 7,955 127,813 10,369 154,785 11,088 170,597 13,698 224,587 15,630 255,685 Fly Me - - 834 12,446 3,724 61,063 7,174 123,958 8,664 162,809 Maldivian Air Taxi 41,668 216,593 43,558 188,797 ------Mega Maldives 2 52 28 485 4 199 8 384 - - Trans Maldivian Airways 34,392 157,617 44,989 208,567 21,703 166,256 16,439 91,882 50,862 245,940 Other Domestic * 2,214 - 440 17 240 44 160 213 70 93 Total 86,231 502,075 100,218 565,097 36,759 398,159 37,479 441,024 75,226 664,527 Source: Ministry of Tourism Note: * Includes movements by photo, training, technical and surveillance flights Data Provided by: Maldives Civil Aviation Authority
Traffic by International Carriers A total of 1.5 million international passengers arrived in the Maldives in 2014, an increase of 9.7% compared with that of 2013. This includes passengers at both Ibrahim Nasir International Airport and Gan International Airport during the year. While Scheduled carrier passengers saw an increase of 31.2% in 2014, the charter sector saw a huge decline (-85%) during the year compared with that of the previous year. This was mainly because most of the charter flights were changed to scheduled flights in 2014.
Table 14: Passenger Arrivals by Type of International Carriers 2009-2013 2010 2011 2012 2013 2014 Type of Carrier Arrivals % Share Arrivals % Share Arrivals % Share Arrivals % Share Arrivals % Share Scheduled 837,027 83.0 1,013,652 89.6 985,672 84.5 1,112,333 81.6 1,459,103 97.5
Charter 171,716 17.0 117,671 10.4 180,802 15.5 251,597 18.4 37,803 2.5 Total 1,008,743 100.0 1,131,323 100.0 1,166,474 100.0 1,363,930 100.0 1,496,906 100.0 Source: Ministry of Tourism Data Provided by: Maldives Civil Aviation Authority
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International Scheduled Carriers
There was a huge increase in international scheduled flight movements and the number of passengers it carried in 2014. While some major charter airlines, such as Cathay Pacific, Edelweiss, Hong Kong Airways and Neos Spa, became schedule flights in 2014, major scheduled carriers saw decline in the number of passengers it carried. Singapore Airlines recorded a negative growth of 6.3%, Qatar Airways recorded a -3% growth, Malaysian Airlines saw -7.3% drop and Condor recorded a strong 22.7% negative growth in 2014. Airlines such as Emirates, Srilankan and British Airways all recorded impressive positive growth rates in the number of passengers it carried during the year 2014.
Table 15: Traffic by International Carriers – Scheduled, 2010 - 2014 2010 2011 2012 2013 2014 No. of No. of No. of No. of No. of Movements Passenger Movements Passenger Movements Passenger Movements Passenger Movements Passenger Operator (Take off / In (Take off / In (Take off / In (Take off / In (Take off / In Landing) Landing) Landing) Landing) Landing) Aeroflot 38 3,431 214 19,414 216 22,108 252 26,890 252 26,584 Air Berlin 224 25,948 162 19,070 66 6,480 - - 68 5,035 Austrian Airlines 48 5,146 74 7,086 68 7,023 66 6,931 106 10,650 Bangkok Airways 224 8,302 330 11,523 418 12,985 494 15,628 680 21,139 British Airways 308 26,336 314 28,451 302 26,890 536 25,798 624 33,970 Cathay Pacific ------418 34,225 China Eastern Airlines 134 6,387 405 19,419 238 10,766 276 13,382 294 14,514 China Southern Airlines - - 180 25,655 - - - - 276 29,025 Condor 260 30,317 258 30,149 262 29,553 256 28,547 204 22,079 Edelweiss ------98 13,167 Emirates 1,948 172,016 2,208 194,831 2,194 214,761 2,206 212,816 2,260 232,329 Etihad Airways - - 122 5,750 - - - - 732 49,755 Eurofly 84 8,595 ------Fly Dubai ------498 14,852 442 14,792 Hainan Airlines - - 30 2,967 - - - - 298 29,898 Hongkong Airways ------140 16,478 Indian Airlines 1,274 56,701 1,404 57,137 1,364 53,383 1,128 44,292 1,086 55,920 Jet Air Fly 10 281 72 1,408 ------Korean Air ------312 18,097 Malaysia Airlines 588 46,021 732 46,950 732 35,081 728 44,581 730 41,346 Maldivian 2,665 61,888 1,574 31,017 1,308 28,334 1,152 35,454 1,198 46,163 Mega Maldives - - 242 19,127 804 78,856 976 95,476 1,376 112,335 Meridiana Fly 326 28,387 344 29,965 146 15,491 72 6,777 70 6,928 Mihin Lanka 26 1,828 378 22,246 2 91 - - - - Neos Spa ------112 13,476 Oman Air 416 8,785 490 17,049 482 21,237 522 23,237 518 26,171 Qatar Airways 1,096 64,019 1,462 79,510 1,460 77,800 1,460 79,223 1,460 76,811 Shangai Airlines 62 5,938 44 3,009 ------Singapore Airlines 731 82,774 976 103,327 1,334 124,837 1,408 139,387 1,358 130,650 Spicejet 726 19,916 728 22,777 Srilankan Airlines 2,738 193,927 3,642 208,324 3,540 219,996 3,612 245,843 3,626 264,125 Tiger Airways ------392 25,442 Transaero Airlines - - 222 30,268 - - - - 242 21,671 Turkish Airlines ------928 33,303 1,220 43,551 Expo Aviation (Cargo) 424 0 400 - 412 0 284 0 116 0 Schedule Total 13,624 837,027 16,279 1,013,652 15,348 985,672 17,580 1,112,333 21,436 1,459,103 Source: Ministry of Tourism Data Provided by: Maldives Civil Aviation Authority
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International Charter Carriers
With most of the major charter flights becoming scheduled flights, a dramatic drop in charter movements was seen in 2014. There were only two airlines that operated charter flights to Maldives in 2014, namely Sichuan Airlines and Thomson Fly. These two airlines also recorded drop in the number of passengers they carried into the country during 2014.
Table 16: Traffic by International Carriers – Chartered, 2010 - 2014
2010 2011 2012 2013 2014 No. of No. of No. of No. of No. of Movements Passenger Movements Passenger Movements Passenger Movements Passenger Movements Passenger Operator (Take off / In (Take off / In (Take off / In (Take off / In (Take off / In Landing) Landing) Landing) Landing) Landing) Air Asia ------108 4,949 - - Air Italy 54 5,187 24 2,441 ------Alitalia - - 4 480 38 3,992 30 2,651 - - Britannia Airways/Thomson Fly 244 28,549 242 28,356 ------Cathay Pacific - - - - 6 616 74 5,280 - - China Southern Airlines 206 22,391 - - 164 25,192 194 25,961 - - Edelweiss 194 18,659 182 19,398 182 19,873 158 20,450 - - Etihad Airways - - - - 732 37,527 730 39,127 - - Hainan Airlines - - - - 72 5,973 322 30,987 - - Hongkong Airways - - 72 7,965 32 3,296 174 20,712 - - Kingfisher Airlines - - 2 2 ------Korean Air 84 8,602 42 5,323 - - 256 14,922 - - Mega Maldives - - 53 2,885 8 385 - - - - Monarch Airlines 88 13,411 ------Neos Spa 190 21,477 208 23,676 114 12,100 132 15,911 - - Sichuan Airlines - - 94 9,338 94 11,120 226 29,171 210 29,032 Star Airlines/XL Airways 112 15,608 92 13,701 ------Swiss Air - 80 6 87 ------Thomson Fly - - - - 142 16,935 104 12,226 34 4,217 Transaero Airlines 210 27,299 - - 196 26,188 232 27,009 - - Ukraine International 8 237 4 152 2 17 - - - - Xl Airways - - - - 62 7,638 - - - - Other Internationals 1,846 10,216 2,367 3,867 2,254 9,950 1,786 2,241 2,414 4,554 Charter Total 3,236 171,716 3,392 117,671 4,098 180,802 4,526 251,597 2,658 37,803
Source: Ministry of Tourism Data Provided by: Maldives Civil Aviation Authority
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SECTION 5: TOURISM FORECASTS
Global Forecasts, 2015 With the improvement in global economic situation, although there are still plenty of challenges ahead, the demand for international tourism is expected to grow in 2015. The World Tourism Organization (UNWTO), forecasts that international arrivals worldwide will increase between 3% and 4% in 2015.
As per UNWTO World Tourism Barometer January 2015 edition (WTB), strongest growth is expected from Americas and in Asia and the Pacific regions both with a growth between 4% and 5%. Europe is expected to have a more moderate rate between 3% and 4%. Growth rate for Africa and Middle East are a bit uncertain as per WTB with rates between 3% and 5% for Africa and between 2% and 5% for Middle East (refer Table 17). Table 17: Global Arrival Forecasts, 2015 Real Projection 2015 * year, change (%) 2010 2011 2012 2013 2014 * between (%) Europe 3.1 6.6 3.7 5.0 3.9 +3 and +4 Asia & the Pacific 13.2 6.5 6.9 6.8 5.4 +4 and +5 Americas 6.5 3.5 4.4 3.5 7.4 +4 and +5 Africa 8.9 -0.1 5.2 4.8 2.3 +3 and +5 Middle East 13.1 -3.5 -5.6 -3.4 4.4 +2 and +5 World 6.5 5.1 4.1 4.7 4.7 +3 and +4 Source: World Tourism Organization (UNWTO) Adapted from UNWTO World Tourism Barometer, January 2015 edition *Data as collected by UNWTO January 2015
Maldives Tourism Forecasts At the end of first eight months of 2015, with over 824 thousand tourists a positive growth of 2.2% was recorded for the Maldives. It is expected that the Maldives will receive 1.25 million tourists by the end of the year, with an expected increase of 4%. This growth rate is also within the forecasted growth rate for Asia and the Pacific region by the UNWTO.
While the average duration of stay is expected to go down to 5.6 by the end of the year 2015 due to the increase in Asian market, number of resorts is expected to increase to 114 with 30,469 beds by the end of 2015. (Refer Table 18)
Table 18: Maldives Tourism Forecasts, 2015 - 2018 Real Projections
2013 2014 2015 2016 2017 2018 Tourist Arrivals (000's) 958 1,205 1,253 1,319 1,425 1,542 % Growth 2.9 7.1 4.0 5.2 8.1 8.2 Average Stay (days) 6.3 6.0 5.6 5.5 5.5 5.9 Tourist Bed nights (000's) 7,044 7,278 7,064 7,236 7,876 9,078 Bed night capacity (000's) 10,502 11,123 11,994 12,756 13,477 13,894 Occupancy rate (%) 74.0 74.1 66.1 57.0 59.0 66.0 No. of Resorts 110 111 114 118 124 129 Bed Capacity (end year total , resorts/hotels) 25,349 30,469 32,856 34,849 36,915 38,066
Source: Ministry of Tourism Revised: September 2015 26 | P a g e
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Table 19: Resort / Hotel Projects Underway Estimated Leased Island Facility Type Batch Lease Holder Beds O pening Date Date
Haa Alif Atoll 200 Mr. Franchin Guiseppe, 1 Berinmadhoo Resort 4-Dec-12 200 NA Polverara, Italy Haa Dhaal Atoll 800 Maldives Tourism Development 2 Naagoashi Resort MTDC Islands 17-Sep-06 600 Jun-2017 Corporation PLC Training Resort + 3 Nolhivaranfaru Nalaveli Maldives Pvt Ltd 3-Dec-08 200 Mar-2019 Hotel Shaviyani Atoll 600 Mr. Mohamed Latheef, H. 4 Dholhiyadhoo Resort 11 Islands 2004 5-May-05 200 Jun-2016 Baraboamaage Phase II- 2006- Rent Mr. Hussain Waheed, 5 Gaakoshibee Resort 24-Aug-06 200 May-2017 Controlled Huvandhumaage, Sh. Foakaidhoo Phase II- 2006- Rent 6 Kanbaalifaru Resort Mr. Ali Shareef, Ma. Anaa Villa 31-Aug-06 200 NA Controlled Millenium Capital Management 7 Mairah Cluster, Mairah, MedhurahResort & Dhigurah 7-Nov-13 NA NA Private limited Noon Atoll 2,280
8 Dhigurah Resort Wego Maldives Pvt Ltd 19-Jan-12 1,200 May-2017
Relocation of H.A. Hamid Ismail, H. Hirifushi, Male, 9 Ehdhuhfaru Resort 7-Oct-08 200 NA Kelaa Maldives Maldives Tourism Development 10 Ekulhivaru Resort MTDC Islands 17-Sep-06 180 NA Corporation PLC One and Half Degree Maldives 11 Huivani Resort NA 200 NA Pvt. Ltd Tourist Noonu Hotels & Resort 12 Huvandhumaavattaru Establishments with With Maafaru Airport 12-Sep-13 200 NA Development Pvt Ltd Airports Millenium Capital Management 13 Kunnamelei Resort 7-Nov-13 NA NA Private limited
14 Kuredhivaru Resort CSR Project Zens Resorts Pvt Ltd 26-Aug-13 NA Apr-2018
Millenium Capital Management 15 Maafaru Lagoon Plot Marina 2-Aug-13 NA NA Private limited
16 Maavelaavaru Resort 11 Islands 2004 Athama Investments Pvt Ltd 5-May-05 100 Dec-2016
Housing Fund 17 Raafushi Housing Fund Projects Exotic Properties Pvt Ltd 13-Dec-10 200 NA Projects Raa Atoll 2,358 Transport Network 18 Dhigali Resort Mr. Mohamed Umar Manik 19-Oct-11 200 Jan-2018 projects
19 Eththigili Resort Amin Construction Pvt. Ltd. 5-Jan-08 200 NA
Damac Ocean Heights Company 20 Fasmendhoo Resort 26-Feb-14 NA NA Limited Mr. Ahmed Ibrahim Didi, 7-A, 21 Furaveri Reort 6-Feb-12 440 NA Ma Niyaz Villa, Male'
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Table 19: (continued…) Estimated Leased Island Facility Type Batch Lease Holder Beds O pening Date Date Transit Hotel with 22 Ifuru Ifuru Investment Pvt Ltd 25-May-11 100 NA Airport
23 Kottafaru Resort Swap H.A. Naridhoo ABN Private Limited 7-Nov-13 200 NA
24 Kudafushi Resort Swap H.A. Naridhoo Mr. Ali Zahir, H. Iruvelige, Male' 7-Nov-13 200 Feb-2018
Transport Network 25 Kudakurathu Resort Kudakurathu Island Pvt Ltd 6-Jun-11 228 Apr-2019 projects Phase I- 2006- Rent 26 Lundhufushi Resort Silver Tides Pvt Ltd 9-Jul-06 40 NA Open
27 Maamunagau Resort Leisure Horizon Pvt Ltd 14-Jul-11 150 May-2019
28 Madivaafaru Yacht Marina With Ifuru Airport Ifuru Investment Pvt Ltd 25-May-11 200 NA
29 Muravandhoo Resort With Ifuru Airport Ifuru Investment Pvt Ltd 25-May-11 200 NA Relocation of G.Dh. 30 Ufulandhoo City Hotel Kaadehdhoo Airport Dream Ocean Holidays Pvt. Ltd. NA 200 NA Hotel Baa Atoll 542
31 Dhigufarvinadagu Resort CSR Project Dhigufaru Investments Pvt Ltd 11-May-14 NA Dec-2017
With Fuvahmulah Coastline Hotels and Resorts Pvt 32 Kanufushi Resort 20-Jan-11 162 Jan-2018 airport Ltd
33 Keyodhoo Resort Fathimath Shiuna 15-Jan-12 NA NA
34 Medhufinolhu & GaathufinolhuResort Kanu Fushi Investment Pvt Ltd. 29-Jul-13 80 NA
With Kaadehdhoo 35 Mendhoo Resort Villa Air Private Limited 6-Nov-13 NA NA Airport With Fuvahmulah 36 Muthaafushi Resort STO Hotels and Resorts Pvt Ltd 20-Jan-11 100 NA airport Estimated Leased Island Facility Type Batch Lease Holder Beds O pening Date Date
37 Thiladhoo Resort CSR Project Thiladhoo Investments Pvt Ltd 25-Aug-14 NA NA
Abul Sattar hassan, H. Millanium, 38 Vakkaru Resort 25-Feb-08 200 May-2019 Male' Lhaviyani Atoll 600 Mr. Abdul Rauf, M. Snow Rose, 39 Hudhufushi Resort 9-Oct-00 400 NA Muiveyo Magu
40 Huruwalhi Resort Champalars Holdings Pvt Ltd NA 200 Jun-2019
Police Welfare Corporation Pvt 41 Maabinhuraa Resort 25-Sep-13 NA NA Ltd
42 Ookolhufinolhu Resort Cocoon Investments Pvt Ltd 12-May-14 NA Jun-2018
Male' (Capital) 200
43 Male' Hotel Hotel Male' Investment Pvt Ltd 28-Oct-07 200 NA
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Table 19: (continued…) Estimated Leased Island Facility Type Batch Lease Holder Beds O pening Date Date
Kaaf Atoll 1,226 Akirifushi Investment Company 44 Akirifushi Resort 25-Jul-13 140 NA Pvt Ltd
45 Dhifushi Falhu Reef Resort Hamid Ismail, H. Hirifushi, Male' 22-Jun-08 200 NA
46 Kohdhipparu Resort Kodhiparu Investment Pvt Ltd 30-Sep-13 216 Nov-2017
Kudaviligili Development Pvt 47 Kuda Villigili Resort 8-Jun-10 200 NA Ltd
48 Kudabandos Resort Malahini Holdings Pvt Ltd 4-Aug-13 200 Dec-2017
Dutch Docklands Maldives Pvt 49 Lagoon 17 (The Ocean Flower)Laggoon Resorts Lagoon Developments 27-Jan-11 NA NA Ltd Dutch Docklands Maldives Pvt 50 Lagoon 19 (white Lagoon) Laggoon Resorts Lagoon Developments 27-Jan-11 NA NA Ltd Dutch Docklands Maldives Pvt 51 Lagoon 37 (Amillarah) Laggoon Resorts Lagoon Developments 27-Jan-11 NA NA Ltd Dutch Docklands Maldives Pvt 52 Lagoon 7 (Green Star) Laggoon Resorts Lagoon Developments 27-Jan-11 NA NA Ltd Dutch Docklands Maldives Pvt 53 Lagoon 9 (Golf Course) Laggoon Resorts Lagoon Developments 27-Jan-11 NA NA Ltd
54 Maadhoo Resort M.T.R Holdings Pvt Ltd 9-Oct-13 202 NA
55 Madivaru Resort Picnic Island Conversion 23-Dec-13 NA Dec-2016
56 Olhahali Resort Picnic Island Conversion Trifidus Investments Pvt Ltd 26-May-13 68 NA
57 Tholhi Maraa Huraa Lagoon Resort J Lagoon Pvt Ltd 26-Dec-13 NA Dec-2018
Alif Alif Atoll 0
58 Etheremadivaru Resort Picnic Island Conversion Aqua Sun Investment Pvt Ltd 12-May-13 NA NA
59 Maaga Resort Picnic Island Conversion Big Stone Pvt Ltd 1-Jun-14 NA NA
Alif Dhaal Atoll 0
Vaav Atoll 150 Transport Network 60 Fotheyo and Bodufushi Resort Leisure Beach Private Limited 20-Aug-14 150 NA projects Meem Atoll 200 Phase II- 2006- Rent Mr. Mohamed Manik, M. Villa 61 Dhekunu Boduveli, Gasveli, ResortKudausfushi 3-Sep-06 200 NA Open Dhashuge Maldives Inflight Catering Pvt 62 Madifushi Resort 30-Sep-14 NA NA Limited Faaf Atoll 0 Maldives Overseas Investments 63 Himithi Resort 16-Sep-13 NA NA Pvt Ltd Dhaal Atoll 626 Transport Network 64 Dhoores Resort Dhoores Retreat Pvt Ltd 26-May-11 100 Dec-2015 projects With Kudahuvadhoo Reollo Investment Private 65 Hiriyaafushi Resort 7-Nov-13 136 NA airport Limited
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Table 19: (continued…) Estimated Leased Island Facility Type Batch Lease Holder Beds O pening Date Date With Kudahuvadhoo Reollo Investment Private 66 Kadinma Resort 7-Nov-13 290 NA airport Limited With Kudahuvadhoo Reollo Investment Private 67 Kudahuvadhoo Lagoon PlotMarina 2-Aug-13 NA NA airport Limited Radhun Resorts and Investmetns 68 Maafushi and Kedhigandu Resort 27-Feb-14 NA NA Pvt Ltd
69 Maagau Resort Mr. Albertino Peruzzo 21-May-14 NA NA
Transport Network 70 Vohmuli Resort Residency Resorts Male Pvt Ltd 19-May-10 100 Jan-2016 projects Thaa Atoll 100 With Kudahuvadhoo Island Aviations Services Private 71 Ruhthibirah Resort 7-Nov-13 NA NA airport Limited
72 Vanbadhi & Kani Resort Clear Sand Pvt Ltd NA 100 NA
Laam Atoll 400
73 Bodufinolhu & GasgandufinolhuTraining Resort Premier Equity Pvt. Ltd 1-Dec-10 150 NA
Training Resort + 74 Gan Premier Equity Pvt. Ltd 1-Dec-10 150 NA Hotel Island Development Company 75 Gan Medical Resort Medical Resort 27-Jul-11 NA NA Pvt. Ltd Transport Network 76 Vadinolhu Resort Maldives Dhoni Services 31-Mar-10 100 Apr-2018 projects Gaaf Alif Atoll 2,375
77 Dhevvamaagala Resort Nalaveli Maldives Pvt Ltd 3-Dec-08 NA NA
78 Dhigurah Resort With Kooddoo Airport Bonaventure (Maldives) Pvt.Ltd 10-Jul-11 396 Dec-2019
79 Havoddaa Resort Crystal Plaza Resort Pvt Ltd 14-Jan-13 240 May-2019
With Sh. Farukolhu 80 Innarehaa, Medharehaa, Maththurehaa,Resort Medhuburiyaa and Maafehelaa Aram Travels Private Limited 5-Aug-13 825 NA airport
81 Keredhoo Resort Nalaveli Maldives Pvt Ltd 3-Dec-08 200 NA
Keong Hong Construction Pte 82 Kooddoo Hotel With Kooddoo Airport 1-Aug-13 NA NA Ltd, Singapore Transport Network 83 Maanagala Resort Tourmaline Resorts Pvt Ltd 19-Sep-11 200 NA projects
84 Maarehaa Resort With Maavaarulu airport Moving International (Pvt). Ltd 10-Jul-11 414 NA
Phase II- 2006- Rent 85 Mahadhdhoo Resort B.M.L Properties Pvt Ltd 17-Aug-06 100 NA Open Gaaf Dhaal Atoll 310 Phase II- 2006- Rent 86 Kaishidhoo Resort Kaishidhoo Resorts Pvt Ltd 3-Sep-06 60 NA Open One and Half Degree Maldives 87 Lonudhuahuttaa Resort 11 Islands 2004 5-May-05 100 NA Pvt. Ltd Phase I- 2006- Rent 88 Vatavarrehaa Resort Yacht Tours Maldives Pvt Ltd 26-Jun-06 150 Jun-2017 Controlled Seenu Atoll 100
89 Hankede City Hotel Dollarton Pte. Ltd 9-Apr-06 100 NA
Total 13,067
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SECTION 6: ADDITIONAL TABLES
Table 20: Bed Capacity of Resorts and Distance from Airport, 2010 - 2014
Atoll & Island A irpo rt Ye a r o f Initia l Name of the Resort D is ta nc e Initia l B e d 2010 2011 2012 2013 2014 Name (Km ) Ope ra tio n C a pa c ity
1 Adhaaran Club Rannaalhi K. Rannalhi 34.0 1978 34 256 256 256 256 256
2 Adhaaran Prestige Vaadhu K. Vaadhu 8.0 1978 18 100 100 100 100 100
3 Adhaaran Select Hudhuranfushi K. Lhohifushi 22.5 1979 40 354 354 354 354 354
4 Adhaaran Select Meedhupparu R. Meedhupparu 130.3 2000 430 470 470 470 470 470
5 Alidhoo Island Resort H.A. Alidhoo 300.0 2007 66 200 200 200 200 200
6 Alimatha Aquatic Resort V. Alimatha 48.0 1975 20 260 260 312 312 312
7 Anantara Kihavah Villas B. Kihavah Haruvalhi 125.0 2010 110 110 110 164 172 172
8 Anantara Resort & Spa Maldives K. Dhigufinolhu 40.0 1980 24 220 220 220 220 220
9 Angaaga Island Resort A.Dh. Angaga 85.0 1989 100 140 140 140 140 180
10 Angsana Resort & Spa Maldives - Ihuru K. Ihuru 17.0 1978 20 90 90 90 90 90
11 Angsana Resort and Spa Maldives - Velavaru Dh. Velavaru 125.0 1998 50 236 236 236 236 236
12 Asdhu Sun Island K. Asdhu 32.0 1981 36 60 60 60 60 60
13 Atmosphere Kanifushi Maldives Lh. Kanifushi 133.0 2013 140 - - - 140 300
14 Ayada Maldives G.Dh. Magudhdhuva 420.0 2011 200 - 200 200 200 200
15 Bandos Island Resort and Spa K. Bandos 8.0 1972 220 450 450 450 450 430
16 Banyan Tree Maldives Vabbinfaru K. Vabbinfaru 12.0 1977 24 96 96 96 96 96
17 Baros Maldives K. Baros 16.0 1973 56 150 150 150 150 150
18 Bathala Island Resort A.A. Bathala 48.3 1983 20 90 90 90 90 90
19 Biyaadhu Island Resort K. Biyaadhoo 18.0 1982 192 192 192 192 192 192
20 Centara Grand Island Resort & Spa Maldives A.Dh. Machchafushi 95.0 1992 96 224 224 224 224 224
21 Centara Ras Fushi Resort & Spa K. Giraavaru 11.3 1980 40 132 132 132 220 220
22 Chaaya Island Dhonveli K. Kanuoiy Huraa 13.0 1981 20 296 296 296 296 296
23 Chaaya Lagoon Hakuraa Huraa M. Hakuraa Huraa 128.7 1999 72 160 160 160 160 160
24 Cheval Blanc Randheli N. Randheli 169.0 2013 120 - - - 120 120
25 Club Farukolhu K. Farukolhufushi 2.0 1973 112 304 304 304 304 LC
26 Club Med Finolhu Villas K. Gasfinolhu 23.0 1980 18 80 80 80 80 104
27 Club Med Kanifinolhu K. Kanifinolhu 19.3 1978 18 456 456 456 492 492
28 Coco Palm Boduhithi K. Boduhithi 29.0 1979 50 206 206 206 206 206
29 Coco Palm Dhunikolhu B. Dhunikolhu 124.0 1998 192 200 200 200 200 200
30 Coco Privé Kuda Hithi Island K. Kudahithi 27.4 1984 12 14 14 14 14 14
31 Cocoa Island K. Makunufushi 30.0 1981 12 70 70 70 70 70
32 Conrad Maldives Rangali Island A.Dh. Rangalifinolhu 96.6 1992 80 304 304 304 304 304
33 Constance Halaveli Resort A.A. Halaveli 36.0 1982 30 172 172 172 172 172
34 Constance Moofushi Resort A.Dh. Moofushi 80.0 1990 84 124 220 220 220 220
35 Dhiggiri Tourist Resort V. Dhiggiri 32.0 1982 50 90 90 90 90 90
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Table 20: (continued…)
Atoll & Island A irpo rt Ye a r o f Initia l Name of the Resort D is ta nc e Initia l B e d 2010 2011 2012 2013 2014 Name (Km ) Ope ra tio n C a pa c ity
36 Diamonds Athuruga Beach and Water Villas A.Dh. Athurugau 90.0 1990 79 146 146 146 146 146
37 Dream Island Maldives, Villivaru K. Villivaru 29.0 1981 120 120 120 120 120 120
38 Dusit Thani Maldives B. Mudhdhoo 120.0 2012 20 - - 208 208 208
39 Ellaidhu Tourist Resort A.A. Ellaidhoo 54.0 1985 32 224 224 224 224 224
40 Emboodhu Village K. Emboodhu 8.0 1979 44 236 236 236 236 236
41 Eriyadhu Island Resort K. Eriyadhu 40.0 1982 40 114 114 114 114 114
42 Fihalhohi Island Resort K. Fihaalhohi 28.0 1981 90 300 300 300 300 300
43 Filitheyo Island Resort F. Filitheyo 120.7 1999 250 250 250 250 250 250
44 Four Seasons Resort Maldives at Kuda Huraa K. Kuda Huraa 12.9 1977 32 212 212 212 212 212
45 Four Seasons Resort Maldives at Landaa Giraavaru B. Landaa Giraavaru 120.0 2006 206 206 206 206 206 206
46 Fun Island Resort K. Bodufinolhu 38.0 1980 44 200 200 200 200 200
47 Gangehi Island Resort A.A. Gangehi 77.2 1987 50 72 72 72 72 72
48 Gili Lankanfushi K. Lankanfushi 9.7 1980 12 94 94 94 94 94
49 Helengeli Island Resort K. Helengeli 46.7 1979 20 100 100 100 100 100
50 Herethere Island Resort S. Herethere 480.0 2007 106 546 546 546 546 542
51 Hideaway Beach Resort and Spa at Dhonakulhi IslandH.A. Maldives Dhonakulhi 250.0 2005 50 90 90 90 90 90
52 Hilton Maldives - Irufushi Resort & Spa N. Medhafushi 238.0 2008 200 442 442 442 442 442
53 Holiday Inn Resort Kandooma Maldives K. Kandoomafushi 27.4 1985 98 322 322 322 322 322
54 Holiday Island A.Dh. Dhiffushi 93.0 1994 284 284 284 284 284 284
55 Huvafenfushi K. Nakatchafushi 25.7 1979 80 102 102 102 102 102
56 JA Manafaru H.A Manafaru 337.0 2007 100 166 166 166 166 174
57 Jumeirah Dhevanafushi G.A Meradhoo 400.0 2011 38 - 74 74 74 74
58 Jumeirah Vittaveli Island Resort at Bolifushi K. Bolifushi 12.0 1982 64 110 174 178 178 178
59 Kandholhu Island Maldives A.A. Kandholhudhoo 74.6 2014 60 - - - - 60
60 Kanuhura Lh. Kanuhuraa 125.5 1999 200 200 200 200 200 200
61 Kihaad Resort B. Kihaadhuffaru 104.6 1999 200 200 200 200 236 236
62 Komandoo Maldive Island Resort Lh. Komandoo 128.7 1998 90 120 120 120 120 120
63 Kudarah Island Resort A.Dh. Kudarah 88.5 1991 50 60 60 60 60 60
64 Kuramathi Tourist Resort A.A. Kuramathi 56.3 1977 48 580 580 580 580 580
65 Kuredhdhu Island Resort Lh. Kuredhdhu 128.7 1978 18 768 768 768 768 768
66 Kurumba Maldives K. Vihamanaafushi 3.2 1972 60 362 362 362 362 362
67 Lily Beach Resort A.Dh. Huvahendhoo 85.0 1994 168 250 250 250 250 250
68 Loama Resort Maldives at Maamigili R. Maamigili 177.0 2014 40 - - - - 186
69 Lux* Maldives A.Dh. Dhidhdhufinolhu 104.0 1988 180 394 394 394 394 394
70 Maalifushi By Como Th. Male'fushi 120.0 2013 46 - - - 46 132
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Table 20: (continued…)
Atoll & Island A irpo rt Ye a r o f Initia l Name of the Resort D is ta nc e Initia l B e d 2010 2011 2012 2013 2014 Name (Km ) Ope ra tio n C a pa c ity
71 Maayafushi Tourist Resort A.A. Maayafushi 63.0 1983 48 150 150 150 150 150
72 Madoogali Resort A.A. Madoogali 77.2 1989 70 112 112 112 112 112
73 Makunudhoo Island K. Makunudhu 38.6 1983 58 74 74 74 74 74
74 Medhufushi Island Resort M. Medhufushi 128.7 2000 240 240 240 240 240 240
75 Meeru Island Resort K. Meerufenfushi 37.0 1978 128 570 570 570 570 570
76 Mirihi Island Resort A.Dh. Mirihi 112.6 1989 36 72 72 72 72 76
77 Nika Island Resort A.A. Kudafolhudhu 69.2 1983 30 76 76 76 76 76
78 Niyama Maldives Dh. Olhuveli & Embudhufushi128.0 2012 56 - - 154 154 154
79 Olhuveli Beach & Spa Resort K. Olhuveli 51.5 1979 36 332 332 332 332 332
80 One & Only Reethi Rah, Maldives K. Medhufinolhu 64.4 1979 24 268 268 268 268 268
81 Palm Beach Island Lh. Madhiriguraidhoo 128.7 1999 200 248 248 248 248 248
82 Palm Tree Island K. Veligandu Huraa 27.0 1986 32 138 138 138 138 138
83 Paradise Island Resort & Spa K. Lankanfinolhu 9.6 1979 24 568 568 568 568 568
84 Park Hyatt Maldives, Hadaha G.A Hadahaa 405.0 2009 100 100 100 100 100 100
85 Ranveli Village A.Dh. Villingilivaru 77.0 1991 112 112 112 112 112 112
86 Reethi Beach Resort B. Fonimagoodhoo 104.6 1998 200 248 248 248 248 248
87 Rihiveli Beach Resort K. Mahaanaelhi Huraa 40.2 1980 40 100 100 100 100 100
88 Robinson Club Maldives G.A Funamauddua 400.0 2009 100 150 150 150 150 150
89 Royal Island B. Horubadhoo 110.0 2001 304 304 304 304 304 304
90 Safari Island A.A Mushimasmingili 60.0 2013 168 - - - 168 168
91 Shangri - La's Villingili Resort & Spa, Maldives S. Villingili 478.0 2009 284 284 284 284 284 284
92 Sheraton Maldives Full Moon Reosort & Spa K. Furanafushi 5.6 1973 112 312 312 312 312 312
93 Six Senses Laamu L. Olhuveli 260.0 2011 66 - 194 194 194 194
94 Soneva Fushi By Six Senses B. Kunfunadhoo 104.6 1983 50 130 130 130 130 130
95 Summer Island Village K. Ziyaaraifushi 35.0 1983 58 216 230 230 230 230
96 Sun Island Resort & Spa A.Dh. Nalaguraidhoo 99.8 1998 700 852 852 852 852 852
97 Taj Exortica Resort & Spa Maldives K. Embudhu Finolhu 12.9 1983 20 128 128 128 128 128
98 The Residence Maldives G.A Falhumafushi 405.0 2012 108 - - 200 200 200
99 Thulhaagiri Island Resort K. Thulhaagiri 11.0 1980 44 172 172 172 172 172
100 Thundufushi Island Resort A.Dh. Thundufushi 80.5 1990 74 94 144 144 144 144
101 Twin Island Resort A.Dh. Maafushivaru 54.7 1991 60 98 98 98 98 98
102 Vakarufalhi Island Resort A.Dh. Vakarufalhi 90.0 1994 100 150 150 150 150 150
103 Velaa Private Island N. Fushivelavaru 186.0 2013 100 - - - 134 134
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Table 20: (continued…)
Atoll & Island A irpo rt Ye a r o f Initia l Name of the Resort D is ta nc e Initia l B e d 2010 2011 2012 2013 2014 Name (Km ) Ope ra tio n C a pa c ity
104 Velassaru Maldives K. Velassaru 11.3 1974 90 258 258 258 258 258
105 Velidhoo Island Resort A.A. Velidhoo 80.5 1989 22 200 200 200 200 200
106 Veligandu Island A.A. Veligandu 51.0 1984 34 148 148 148 148 148
107 Viceroy Maldives Sh. Vagaru 215.0 2012 97 - - 97 97 97
108 Vilamendhoo Island Resort A.Dh. Vilamendhoo 48.3 1994 200 282 368 368 368 368
109 Villu Reef Beach & Spa Resort Dh. Meedhuffushi 128.7 1998 136 200 200 200 200 200
110 Vivanta by Taj - Coral Reef, Maldives K. Hembadhoo 32.2 1982 68 124 124 128 128 128
111 W. Retreat & Spa Maldives A.A. Fesdhu 72.4 1982 90 164 164 164 164 164
112 Zitahli Resort & Spa, Kudafunafaru N. Kudafunafaru 180.0 2008 100 100 100 100 100 100
Total 21,350 22,128 22,901 23,677 23,917 Source: Ministry of Tourism
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Table 21: Bed Capacity of Hotels, 2010 - 2014
A irpo rt Ye a r o f Initia l Atoll & Island Name of the Hotel D is ta nc e Initia l B e d 2010 2011 2012 2013 2014 Name (Km ) Ope ra tio n C a pa c ity
1 Amilla Fushi B. Finolhas 125.0 2014 97 - - - - 146
2 Central Hotel K. Male' 2.0 1998 82 82 82 82 ** **
3 Coral Hotel & Spa K. Male' 2.0 2006 77 77 81 81 81 81
4 Equator Village - Gan S. Gan 400.0 1992 60 156 156 156 156 156
5 Gan Island Retreat S. Gan 400.0 2011 100 - 100 100 100 100
6 Green Hotel L. Gan 260.0 2011 50 - 50 ** ** **
7 Hotel Octave K. Male' 2.0 2012 14 - - 28 28 28
8 Hulhule Island Hotel K. Hulhule' 0.0 2000 176 272 272 272 272 272
9 Hulhumale' Sunshine Hotel K. Hulhumale' 1.0 2010 30 30 30 *** *** ***
10 Kam Hotel K. Male' 2.0 1994 58 24 24 54 54 54
11 Lucky Hiya Hotel K. Male' 2.0 2007 39 39 39 39 60 60
12 Marble Hotel K. Male' 2.0 2008 40 55 55 55 55 55
13 Mookai Hotel K. Male' 2.0 2000 102 102 102 102 102 102
14 Mookai Siutes K. Male' 2.0 2008 98 98 98 98 98 98
15 Nalahiya Hotel K. Male' 2.0 2007 84 84 84 84 84 **
16 Nasandhura Palace Hotel K. Male' 2.0 1981 60 36 36 36 36 36
17 Off Day Inn K. Male' 2.0 1999 30 30 30 30 30 30
18 Relax Inn K. Male' 2.0 1998 60 74 74 74 74 74
19 Riveries Diving Village L. Gan 260.0 2012 46 - - 46 46 46
20 The Barefoot Eco Hotel H.Dh. Hanimaadhoo 290.0 2014 40 - - - - 40
21 The Boutique Inn at Villa Shabnamee K. Male' 2.0 2009 24 24 24 24 24 **
22 The Somerset Hotel K. Male' 2.0 2013 60 - - - 60 60
23 The Wave Hotel and Spa K. Male' 2.0 2008 32 32 32 32 32 32
24 Traders Hotel K. Male' 2.0 2009 78 234 234 234 234 234 Total 1,449 1,603 1,627 1,626 1,704 Source: Ministry of Tourism Note: ** License Cancelled *** Changed to a Guest House
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Table 22: Graduates from Faculty of Hospitality and Tourism Studies 2010 - 2014 Full Time Courses Other Courses Grand Year Male Female Total Male Female Total Total 2010 76 24 100 13 11 24 124
2011 65 20 85 16 52 68 153
2012 82 26 108 35 43 78 186
2013 287 121 408 1 15 16 424
2014 520 140 660 6 5 11 671
Total 1,030 331 1,361 71 126 197 1,558 Source: Ministry of Tourism Data provided by: Faculty of Hospitality and Tourism Studies (FHTS)
Table 23: Inbound and Outbound Travel (Maldivians Only) 2010 - 2014 % % Year Arrivals change Departure change 2010 129,286 -0.8 129,608 -1.3
2011 132,215 2.3 131,501 1.5
2012 137,706 4.2 139,210 5.9
2013 157,741 14.5 166,363 19.5
2014 194,003 23.0 196,542 18.1
Source: Ministry of Tourism Data provided by: Department of Immigration and Emigration
Table 24: Seasonal Variations of Tourist Arrivals (Seasonal Indices) 2010 - 2014 Seasonality Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ratio
2010 102 117 114 92 88 67 87 100 95 113 113 113 1.2
2011 102 113 104 103 83 72 93 99 93 117 110 110 1.2
2012 120 104 96 99 80 74 96 100 96 116 103 115 1.2
2013 95 112 106 97 85 82 94 105 98 114 101 112 1.1
2014 105 110 105 105 91 83 100 104 95 110 89 103 1.1
Source: Ministry of Tourism
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Table 25: Tourist Arrivals and Market Share by Selected Markets 2010 - 2014
REGIO N / NATIO NALITY 2010 2011 2012 2013 2014
EURO PE 505,421 (63.8) 537,757 (57.7) 517,809 (54.0) 527,274 (46.9) 529,291 (43.9)
CENTRAL / EASTERN EUROPE 75,435 (9.5) 95,247 (10.2) 100,097 (10.4) 119,568 (10.6) 109,638 (9.1)
Belarus 898 (0.1) 1,161 (0.1) 1,509 (0.2) 2,030 (0.2) 1,885 (0.2)
Bulgaria 1,051 (0.1) 1,368 (0.1) 1,479 (0.2) 1,882 (0.2) 2,263 (0.2)
Czech Republic 5,137 (0.6) 6,471 (0.7) 5,588 (0.6) 6,421 (0.6) 6,450 (0.5)
Hungary 2,434 (0.3) 2,596 (0.3) 2,408 (0.3) 2,796 (0.2) 3,589 (0.3)
Kazakhstan 1,572 (0.2) 1,731 (0.2) 2,875 (0.3) 3,131 (0.3) 3,208 (0.3)
Poland 3,795 (0.5) 4,158 (0.4) 3,918 (0.4) 6,668 (0.6) 6,182 (0.5)
Romania 1,290 (0.2) 1,656 (0.2) 1,879 (0.2) 2,423 (0.2) 3,204 (0.3)
Russia 49,111 (6.2) 63,936 (6.9) 66,378 (6.9) 76,479 (6.8) 66,308 (5.5)
Slovakia 2,348 (0.3) 2,822 (0.3) 2,636 (0.3) 2,758 (0.2) 3,262 (0.3)
Ukraine 5,445 (0.7) 6,729 (0.7) 8,044 (0.8) 10,362 (0.9) 8,057 (0.7)
Other Central / Eastern Europe 2,354 (0.3) 2,619 (0.3) 3,383 (0.4) 4,618 (0.4) 5,230 (0.4)
NORTHERN EUROPE 126,222 (15.9) 119,388 (12.8) 107,352 (11.2) 103,104 (9.2) 109,586 (9.1)
Denmark 2,422 (0.3) 3,173 (0.3) 3,493 (0.4) 4,055 (0.4) 5,008 (0.4)
Finland 1,281 (0.2) 1,535 (0.2) 1,402 (0.1) 1,549 (0.1) 2,002 (0.2)
Ireland 2,514 (0.3) 2,444 (0.3) 2,483 (0.3) 2,590 (0.2) 2,759 (0.2)
Norway 2,153 (0.3) 2,775 (0.3) 2,902 (0.3) 3,281 (0.3) 3,882 (0.3)
Sweden 3,638 (0.5) 4,896 (0.5) 5,230 (0.5) 5,694 (0.5) 7,163 (0.6)
United Kingdom 114,158 (14.4) 104,508 (11.2) 91,776 (9.6) 85,869 (7.6) 88,704 (7.4)
Other Northern Europe 56 (0.0) 57 (0.0) 66 (0.0) 66 (0.0) 68 (0.0)
SOUTHERN EUROPE 111,165 (14.0) 104,060 (11.2) 81,287 (8.5) 79,364 (7.1) 84,470 (7.0)
Greece 4,630 (0.6) 3,009 (0.3) 2,058 (0.2) 1,841 (0.2) 1,981 (0.2)
Italy 89,596 (11.3) 83,328 (8.9) 62,782 (6.6) 57,854 (5.1) 57,862 (4.8)
Portugal 4,555 (0.6) 4,325 (0.5) 3,660 (0.4) 4,617 (0.4) 4,916 (0.4)
Slovenia 1,647 (0.2) 2,342 (0.3) 1,295 (0.1) 1,243 (0.1) 1,319 (0.1)
Spain 8,912 (1.1) 8,861 (1.0) 8,824 (0.9) 11,040 (1.0) 15,230 (1.3)
Other Southern Europe 1,825 (0.2) 2,195 (0.2) 2,668 (0.3) 2,769 (0.2) 3,162 (0.3)
WESTERN EUROPE 185,433 (23.4) 211,755 (22.7) 220,817 (23.0) 212,655 (18.9) 213,289 (17.7)
Austria 14,944 (1.9) 16,655 (1.8) 18,164 (1.9) 18,140 (1.6) 18,726 (1.6)
Belgium 4,386 (0.6) 5,738 (0.6) 5,141 (0.5) 5,130 (0.5) 5,195 (0.4)
France 54,789 (6.9) 59,694 (6.4) 56,775 (5.9) 54,328 (4.8) 50,656 (4.2)
Germany 77,108 (9.7) 90,517 (9.7) 98,351 (10.3) 93,598 (8.3) 98,328 (8.2)
Netherlands 5,682 (0.7) 5,693 (0.6) 6,077 (0.6) 6,453 (0.6) 7,936 (0.7)
Switzerland 27,766 (3.5) 32,504 (3.5) 35,457 (3.7) 34,102 (3.0) 31,497 (2.6)
Other Western Europe 758 (0.1) 954 (0.1) 852 (0.1) 904 (0.1) 951 (0.1)
EAST MEDITERRANEAN EUROPE 7,166 (0.9) 7,307 (0.8) 8,256 (0.9) 12,583 (1.1) 12,308 (1.0)
Israel 2,113 (0.3) 2,433 (0.3) 2,569 (0.3) 3,253 (0.3) 3,299 (0.3)
Turkey 4,637 (0.6) 4,542 (0.5) 5,416 (0.6) 9,117 (0.8) 8,668 (0.7)
Other East Mediterranean Europe 416 (0.1) 332 (0.0) 271 (0.0) 213 (0.0) 341 (0.0)
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Table 25: (continued…) REGIO N / NATIO NALITY 2010 2011 2012 2013 2014
ASIA & THE PACIFIC 250,638 (31.6) 348,887 (37.5) 384,506 (40.1) 524,514 (46.6) 588,845 (48.9)
NORTH EAST ASIA 186,452 (23.5) 265,096 (28.5) 294,397 (30.7) 408,113 (36.3) 444,743 (36.9)
China 118,961 (15.0) 198,655 (21.3) 229,551 (24.0) 331,719 (29.5) 363,626 (30.2)
Japan 38,791 (4.9) 35,782 (3.8) 36,438 (3.8) 39,463 (3.5) 38,817 (3.2)
Korea 24,808 (3.1) 25,285 (2.7) 23,933 (2.5) 30,306 (2.7) 34,896 (2.9)
Taiwan 3,831 (0.5) 5,305 (0.6) 4,430 (0.5) 6,522 (0.6) 7,341 (0.6)
Other North East Asia 61 (0.0) 69 (0.0) 45 (0.0) 103 (0.0) 63 (0.0)
SOUTH EAST ASIA 16,818 (2.1) 23,726 (2.5) 27,960 (2.9) 40,844 (3.6) 56,089 (4.7)
Indonesia 818 (0.1) 1,283 (0.1) 1,772 (0.2) 2,511 (0.2) 3,333 (0.3)
Malaysia 3,894 (0.5) 6,055 (0.7) 6,766 (0.7) 10,875 (1.0) 13,457 (1.1)
Philippines 1,066 (0.1) 1,652 (0.2) 2,265 (0.2) 3,040 (0.3) 5,406 (0.4)
Singapore 5,332 (0.7) 7,990 (0.9) 9,625 (1.0) 11,143 (1.0) 18,638 (1.5)
Thailand 5,397 (0.7) 6,214 (0.7) 6,896 (0.7) 11,705 (1.0) 12,281 (1.0)
Other South East Asia 311 (0.0) 532 (0.1) 636 (0.1) 1,570 (0.1) 2,974 (0.2)
SOUTH ASIA 36,612 (4.6) 45,870 (4.9) 45,323 (4.7) 56,796 (5.0) 67,199 (5.6)
Bangladesh 525 (0.1) 1,496 (0.2) 1,221 (0.1) 1,906 (0.2) 2,231 (0.2)
India 25,756 (3.3) 30,978 (3.3) 31,721 (3.3) 38,014 (3.4) 45,587 (3.8)
Pakistan 1,256 (0.2) 1,842 (0.2) 1,857 (0.2) 2,693 (0.2) 3,105 (0.3)
Sri Lanka 7,872 (1.0) 9,670 (1.0) 8,860 (0.9) 12,400 (1.1) 13,753 (1.1)
Other South Asia 1,203 (0.2) 1,884 (0.2) 1,664 (0.2) 1,783 (0.2) 2,523 (0.2)
OCEANIA 10,756 (1.4) 14,195 (1.5) 16,826 (1.8) 18,761 (1.7) 20,814 (1.7)
Australia 9,622 (1.2) 12,778 (1.4) 15,208 (1.6) 16,915 (1.5) 18,872 (1.6)
New Zealand 1,103 (0.1) 1,390 (0.1) 1,579 (0.2) 1,791 (0.2) 1,916 (0.2)
Other Oceania 31 (0.0) 27 (0.0) 39 (0.0) 55 (0.0) 26 (0.0)
AFRICA 5,628 (0.7) 6,465 (0.7) 7,095 (0.7) 8,271 (0.7) 8,149 (0.7)
South Africa 3,157 (0.4) 3,684 (0.4) 3,967 (0.4) 4,503 (0.4) 3,699 (0.3)
Other Africa 2,471 (0.3) 2,781 (0.3) 3,128 (0.3) 3,768 (0.3) 4,450 (0.4)
AMERICAS 18,601 (2.3) 23,654 (2.5) 26,774 (2.8) 32,970 (2.9) 41,044 (3.4)
Brazil 1,761 (0.2) 2,342 (0.3) 3,061 (0.3) 3,675 (0.3) 4,321 (0.4)
Canada 3,815 (0.5) 4,690 (0.5) 5,070 (0.5) 6,098 (0.5) 7,435 (0.6)
U.S.A 11,482 (1.4) 14,490 (1.6) 16,049 (1.7) 20,034 (1.8) 25,641 (2.1)
Other Americas 1,543 (0.2) 2,132 (0.2) 2,594 (0.3) 3,163 (0.3) 3,647 (0.3)
MIDDLE EAST 11,629 (1.5) 14,570 (1.6) 21,843 (2.3) 32,050 (2.8) 37,201 (3.1)
Kuwait 1,409 (0.2) 1,797 (0.2) 2,987 (0.3) 4,622 (0.4) 5,248 (0.4)
Lebanon 1,145 (0.1) 1,346 (0.1) 1,666 (0.2) 1,817 (0.2) 1,949 (0.2)
Saudi Arabia 4,040 (0.5) 5,005 (0.5) 7,263 (0.8) 10,477 (0.9) 12,405 (1.0)
United Arab Emirates 1,699 (0.2) 2,292 (0.2) 4,047 (0.4) 5,936 (0.5) 7,008 (0.6)
Other Middle East 3,336 (0.4) 4,130 (0.4) 5,880 (0.6) 9,198 (0.8) 10,591 (0.9)
O THERS - - - 123 (0.0) 327 (0.0)
UN Passport Holders 60 (0.0) 204 (0.0)
OTHERS / NOT STATED 63 (0.0) 123 (0.0) GRAND TOTAL 791,917 931,333 958,027 1,125,202 1,204,857 Source: Ministry of Tourism Data provided by: Department of Immigration and Emigration
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Table 26: Growth Trends of Selected Markets, 2010 – 2014 (Percent)
REGIO N / NATIO NALITY 2010 2011 2012 2013 2014
EURO PE 9.4 6.4 -3.7 1.8 0.4 CENTRAL / EASTERN EUROPE 20.0 26.3 5.1 19.5 -8.3 Belarus 10.6 29.3 30.0 34.5 -7.1 Bulgaria 16.5 30.2 8.1 27.2 20.2 Czech Republic 33.4 26.0 -13.6 14.9 0.5 Hungary 31.7 6.7 -7.2 16.1 28.4 Kazakhstan -10.5 10.1 66.1 8.9 2.5 Poland 13.0 9.6 -5.8 70.2 -7.3 Romania 3.4 28.4 13.5 29.0 32.2 Russia 22.7 30.2 3.8 15.2 -13.3 Slovakia 19.2 20.2 -6.6 4.6 18.3 Ukraine 17.3 23.6 19.5 28.8 -22.2 Other Central / Eastern Europe -3.9 11.3 29.2 36.5 13.3 NORTHERN EUROPE 8.4 -5.4 -10.1 -4.0 6.3 Denmark 40.7 31.0 10.1 16.1 23.5 Finland 17.7 19.8 -8.7 10.5 29.2 Ireland 3.9 -2.8 1.6 4.3 6.5 Norway 1.6 28.9 4.6 13.1 18.3 Sweden 14.9 34.6 6.8 8.9 25.8 United Kingdom 7.7 -8.5 -12.2 -6.4 3.3 Other Northern Europe 115.4 1.8 15.8 0.0 3.0 SOUTHERN EUROPE 1.7 -6.4 -21.9 -2.4 6.4 Greece -14.4 -35.0 -31.6 -10.5 7.6 Italy 0.3 -7.3 -24.4 -7.8 0.0 Portugal -5.5 -2.7 -17.5 26.1 6.5 Slovenia 24.4 -2.3 -19.5 -4.0 6.1 Spain 22.4 9.0 -9.1 25.1 38.0 Other Southern Europe 54.0 21.1 20.7 3.8 14.2 WESTERN EUROPE 9.7 14.2 4.3 -3.7 0.3 Austria 12.6 11.4 9.1 -0.1 3.2 Belgium 27.6 30.8 -10.4 -0.2 1.3 France 8.8 9.0 -4.9 -4.3 -6.8 Germany 11.6 17.4 8.7 -4.8 5.1 Netherlands 6.1 0.2 6.7 6.2 23.0 Switzerland 3.7 17.1 9.1 -3.8 -7.6 Other Western Europe 5.3 25.9 -10.7 6.1 5.2 EAST MEDITERRANEAN EUROPE 58.6 2.0 13.0 52.4 -2.2 Israel 53.1 15.1 5.6 26.6 1.4 Turkey 68.1 -2.0 19.2 68.3 -4.9 Other East Mediterranean Europe 9.8 -20.2 -18.4 -21.4 60.1
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Table 26: (continued…)
REGIO N / NATIO NALITY 2010 2011 2012 2013 2014
ASIA & THE PACIFIC 52.9 39.2 10.2 36.4 12.3 NORTH EAST ASIA 61.5 42.2 11.1 38.6 9.0 China 96.1 67.0 15.6 44.5 9.6 Japan 5.9 -7.8 1.8 8.3 -1.6 Korea 53.8 1.9 -5.3 26.6 15.1 Taiwan 94.0 38.5 -16.5 47.2 12.6 Other North East Asia 117.9 13.1 -34.8 128.9 -38.8 SOUTH EAST ASIA 19.3 41.1 17.8 46.1 37.3 Indonesia 20.8 56.8 38.1 41.7 32.7 Malaysia 24.1 55.5 11.7 60.7 23.7 Philippines 8.9 55.0 37.1 34.2 77.8 Singapore 2.3 49.8 20.5 15.8 67.3 Thailand 41.5 15.1 11.0 69.7 4.9 Other South East Asia 13.1 71.1 19.5 146.9 89.4 SOUTH ASIA 40.8 25.3 -1.2 25.3 18.3 Bangladesh 35.3 185.0 -18.4 56.1 17.1 India 62.5 20.3 2.4 19.8 19.9 Pakistan 20.1 46.7 0.8 45.0 15.3 Sri Lanka 0.5 22.8 -8.4 40.0 10.9 Other South Asia 36.9 56.6 -11.7 7.2 41.5 OCEANIA 28.0 32.0 18.5 11.5 10.9 Australia 30.2 32.8 19.0 11.2 11.6 New Zealand 11.3 26.0 13.6 13.4 7.0 Other Oceania 47.6 -12.9 44.4 41.0 -52.7 AFRICA 11.8 14.9 9.7 16.6 -1.5 South Africa 6.1 16.7 7.7 13.5 -17.9 Other Africa 20.0 12.5 12.5 20.5 18.1 AMERICAS 22.7 27.2 13.2 23.1 24.5 Brazil 35.0 33.0 30.7 20.1 17.6 Canada 25.4 22.9 8.1 20.3 21.9 U.S.A 21.7 26.2 10.8 24.8 28.0 Other Americas 12.3 38.2 21.7 21.9 15.3 MIDDLE EAST 22.1 25.3 49.9 46.7 16.1 Kuwait 19.3 27.5 66.2 54.7 13.5 Lebanon 16.4 17.6 23.8 9.1 7.3 Saudi Arabia 33.1 23.9 45.1 44.3 18.4 United Arab Emirates 7.5 34.9 76.6 46.7 18.1 Other Middle East 21.6 23.8 42.4 56.4 15.1 TOTAL 20.7 17.6 2.9 17.4 7.1 Source: Ministry of Tourism Data provided by: Department of Immigration and Emigration
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Table 27: Tourist Arrivals by Markets, (end September, 2015) January - September % Share REGIO N / NATIO NALITY 2014 2015 % Change 2015
EURO PE 386,914 381,348 -1.4 41.5 CENTRAL / EASTERN EUROPE 81,358 64,255 -21.0 7.0 Belarus 1,297 1,091 -15.9 0.1 Bulgaria 1,589 1,936 21.8 0.2 Czech Republic 4,392 5,574 26.9 0.6 Hungary 2,463 3,113 26.4 0.3 Kazakhstan 2,322 2,465 6.2 0.3 Poland 4,401 4,624 5.1 0.5 Romania 1,975 2,587 31.0 0.3 Russia 50,917 30,964 -39.2 3.4 Slovakia 2,310 2,914 26.1 0.3 Ukraine 6,182 4,587 -25.8 0.5 Other Central / Eastern Europe 3,510 4,400 25.4 0.5 NORTHERN EUROPE 80,447 86,234 7.2 9.4 Denmark 3,496 6,020 72.2 0.7 Finland 1,179 1,313 11.4 0.1 Ireland 2,081 2,208 6.1 0.2 Norway 2,848 3,078 8.1 0.3 Sweden 4,178 5,006 19.8 0.5 United Kingdom 66,602 68,519 2.9 7.5 Other Northern Europe 63 90 42.9 0.0 SOUTHERN EUROPE 62,887 68,754 9.3 7.5 Greece 1,468 1,197 -18.5 0.1 Italy 43,199 46,823 8.4 5.1 Portugal 3,927 3,834 -2.4 0.4 Slovenia 891 1,043 17.1 0.1 Spain 11,102 12,939 16.5 1.4 Other Southern Europe 2,300 2,918 26.9 0.3 WESTERN EUROPE 152,865 151,311 -1.0 16.5 Austria 13,449 13,399 -0.4 1.5 Belgium 3,682 3,801 3.2 0.4 France 37,699 31,100 -17.5 3.4 Germany 69,431 73,558 5.9 8.0 Netherlands / Holland 6,085 7,335 20.5 0.8 Switzerland 21,839 21,578 -1.2 2.3 Other Western Europe 680 540 -20.6 0.1 EAST MEDITERRANEAN EUROPE 9,357 10,794 15.4 1.2 Israel 2,632 2,628 -0.2 0.3 Turkey 6,472 7,912 22.2 0.9 Other East Mediterranean Europe 253 254 0.4 0.0
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Table 27: (continued…) January - September % Share REGIO N / NATIO NALITY 2014 2015 % Change 2015
ASIA & THE PACIFIC 450,289 463,901 3.0 50.5 NORTH EAST ASIA 344,464 349,668 1.5 38.0 China 286,838 292,689 2.0 31.8 Japan 27,551 28,129 2.1 3.1 Korea 24,566 22,018 -10.4 2.4 Taiwan 5,454 6,774 24.2 0.7 Other North East Asia 55 58 5.5 0.0 SOUTH EAST ASIA 41,836 43,218 3.3 4.7 Indonesia 2,428 2,353 -3.1 0.3 Malaysia 10,451 8,923 -14.6 1.0 Philippines 3,970 5,266 32.6 0.6 Singapore 13,344 11,183 -16.2 1.2 Thailand 9,431 12,157 28.9 1.3 Other South East Asia 2,212 3,336 50.8 0.4 SOUTH ASIA 47,904 54,302 13.4 5.9 Bangladesh 1,395 3,073 120.3 0.3 India 31,782 35,504 11.7 3.9 Pakistan 2,243 2,956 31.8 0.3 Sri Lanka 10,647 10,448 -1.9 1.1 Other South Asia 1,837 2,321 26.3 0.3 OCEANIA 16,085 16,713 3.9 1.8 Australia 14,555 15,132 4.0 1.6 New Zealand 1,509 1,526 1.1 0.2 Other Oceania 21 55 161.9 0.0 AFRICA 6,064 6,838 12.8 0.7 South Africa 2,776 3,159 13.8 0.3 Other Africa 3,288 3,679 11.9 0.4 AMERICAS 28,857 33,272 15.3 3.6 Brazil 3,122 3,757 20.3 0.4 Canada 5,262 5,582 6.1 0.6 U.S.A. 17,825 20,669 16.0 2.2 Other Americas 2,648 3,264 23.3 0.4 MIDDLE EAST 28,641 33,675 17.6 3.7 Egypt 1,495 2,091 39.9 0.2 Kuwait 4,046 3,621 -10.5 0.4 Lebanon 1,498 1,680 12.1 0.2 Qatar 2,558 2,573 0.6 0.3 Saudi Arabia 10,186 13,373 31.3 1.5 United Arab Emirates 5,148 5,466 6.2 0.6 Other Middle East 3,710 4,871 31.3 0.5 O THERS 239 243 1.7 0.0 UN Passport Holders 152 136 -10.5 0.0 OTHERS / NOT STATED 87 107 23.0 0.0 TOTAL TOURIST ARRIVALS 901,004 919,277 2.0 100.0 Source: Ministry of Tourism Data provided by: Department of Immigration and Emigration
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Table 28: Tourism Indicators, (end September, 2015) JAN - MAR APR - JUN JUL - SEP JAN - SEP
TOURIST ARRIVALS Total
FRONTIER ARRIVALS (by air) 2014 321,561 279,952 299,491 901,004 2015 329,968 279,137 310,172 919,277 Growth % 2.6 -0.3 3.6 2.0
SURFACE ARRIVALS (Cruis e P as s engers ) 2014 0 0 0 0 2015 0 0 0 0 Growth % 0.0 0.0 0.0 0.0 REGISTERED CAPACITY 2015 Average
RESORTS No s . 111 111 112 111
Beds 24,092 24,160 24,233 24,162
HOTELS No s . 19 19 19 19
Beds 1,744 1,744 1,744 1,744
GUEST HOUSES No s . 236 256 279 257
Beds 3,440 3,836 4,121 3,799
SAFARI VESSELS No s . 170 168 167 168
Beds 2,890 2,900 2,892 2,894
TOTAL N o s . 535 555 577 556
B e ds 32,166 32,640 32,990 32,599 OPERATIONAL CAPACITY Average
RESORTS Nos. 2014 105 104 104 104 2015 106 104 104 105 Beds 2014 22,999 22,912 23,057 22,989 2015 23,494 23,275 23,145 23,305
HOTELS Nos. 2014 18 15 15 16 2015 15 14 14 14 Beds 2014 1,596 1,374 1,380 1,450 2015 1,508 1,429 1,444 1,460
GUEST HOUSES Nos. 2014 115 110 99 108 2015 107 96 85 96 Beds 2014 1,556 1,528 1,354 1,479 2015 1,593 1,530 1,351 1,492
SAFARI VESSELS Nos. 2014 55 60 77 64 2015 81 83 81 82 Beds 2014 941 1,014 1,252 1,069 2015 1,346 1,467 1,399 1,404
TOTAL Nos. 2014 293 289 295 292 2015 309 298 284 297 Beds 2014 27,091 26,829 27,043 26,988 2015 27,941 27,701 27,339 27,660
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Table 28: (continued…) JAN - MAR APR - JUN JUL - SEP JAN - SEP
BED NIGHTS Total
RESORTS 2014 1,901,305 1,586,716 1,650,027 5,138,048 2015 1,812,852 1,495,693 1,582,970 4,891,515 Growth % -4.7 -5.7 -4.1 -4.8
HOTELS 2014 67,878 50,849 52,054 170,781 2015 63,778 42,376 45,584 151,738 Growth % -6.0 -16.7 -12.4 -11.2
GUEST HOUSES 2014 36,392 24,305 17,258 77,955 2015 40,056 27,080 25,780 92,916 Growth % 10.1 11.4 49.4 19.2
SAFARI VESSELS 2014 32,755 18,249 17,483 68,487 2015 52,823 29,189 25,206 107,218 Growth % 61.3 59.9 44.2 56.6
TOTAL 2014 2,038,330 1,680,119 1,736,822 5,455,271 2015 1,969,509 1,594,338 1,679,540 5,243,387 Growth % -3.4 -5.1 -3.3 -3.9 OCCUPANCY RATE (% ) Average
RESORTS 2014 90.9 76.0 77.7 81.6 2015 86.0 70.5 74.3 77.0 Change -4.9 -5.5 -3.4 -4.6
HOTELS 2014 46.8 40.7 41.0 42.8 2015 47.2 32.6 34.3 38.0 Change 0.4 -8.0 -6.7 -4.8
GUEST HOUSES 2014 25.7 17.5 13.9 19.0 2015 28.0 19.2 20.4 22.5 Change 2.3 1.7 6.5 3.5
SAFARI VESSELS 2014 36.1 20.6 15.1 23.9 2015 43.6 23.6 18.8 28.7 Change 7.5 3.0 3.7 4.7
TOTAL 2014 83.8 68.8 69.8 74.1 2015 78.6 63.2 66.8 69.5 Change -5.2 -5.5 -3.0 -4.6 AVG. DURATION OF STAY (Days) Average 2014 6.3 6.0 5.8 6.1 2015 6.0 5.7 5.4 5.7 Change -0.4 -0.3 -0.4 -0.4
Source: Ministry of Tourism
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Definitions
Definitions in this publication are used as per World Tourism Organization’s (UNWTO) recommendations. However, some of the terminologies are specific to the use of data provided in this publication itself.
Following are some of the UNWTO definitions.
Tourism comprises the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes.
International visitor refers to any person traveling to a country other than the one in which he/she has his/her usual residence, but outside his/her usual environment, for less than 12 consecutive months and whose main purpose of trip is other than the exercise of an activity remunerated from within the place visited.
Tourist (overnight visitor) is a visitor who stays at least one night in a collective or private accommodation in the country visited.
Nationality of a visitor is that of the government issuing his/her passport or other identification document, even if he/she normally resides in another country.
Tourist accommodation refers to any facility that regularly or occasionally provides overnight accommodation for tourists.
Occupancy rate refers to the proportion of the rooms or bed-places in a collective tourism establishment that is occupied over some period of time, such as night, month or year.
Duration of stay refers to the time spent during a visit measured from the stand point of the receiving country or place.
Tourism receipts are defined as expenditures of international inbound visitors including their payments to national carriers for international transport. They also include any other prepayments or payments afterwards made for good and services received in the destination country.
Apart from the above UNWTO definitions, the following definitions from the Maldives Tourism Act (Law No. 2/99) are adopted for this publication.
Tourist resort refers to an island or a designated area of an island that has been developed to accommodate tourists and to provide board and lodging facilities for them.
Tourist hotel refers to an establishment, other than a tourist resort or a tourist guesthouse that has been developed to provide board and lodging or [only] lodging for tourists for a payment decided at a certain rate per day of stay.
Tourist guesthouse refers to an establishment, other than a tourist hotel, that has been developed, in compliance with standards determined by the Ministry of Tourism, to provide board and lodging or [only] lodging for tourists for a payment decided at a certain rate per day of stay.
Tourist vessel (safari vessel) refers to seagoing vessel that has been developed, in compliance with standards determined by the Ministry of Tourism, to provide board and lodging for tourists for a payment decided at a certain rate per day of stay on board such vessel.
Marina refers to harbors developed for anchoring yachts and such vessels and to provide various services to those vessels. A Marina is also associated with accommodation facilities.
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