Tourist resorts in the Maldives have seen an increase in occupancy rates, while a decline was recorded for guesthouses and hotels.
According to statistics published by the central bank, Maldives Monetary Authority (MMA), resort occupancy rate was at 71.8 percent in December last year. This is an increase compared to occupancy rates compared to the previous month, as well as December 2023. In November 2024, resorts occupancy rate was at 65.9 percent while December 2023 recorded an occupancy rate of 63.8 percent.
Meanwhile, a decline was recorded in December for guesthouses, with occupancy rates at 39.6 in December 2024, compared to 47.1 percent in November and 57.2 percent in December 2023.
In hotels, December 2024’s occupancy rate was 26.3 percent. In November 2024, the rate was at 31.9 percent, and in December 2024, at 39.5 percent.
Occupancy of safari vessels stood at 19.3 percent in December 2024 compared to 31.8 percent in November 2024. In December 2023, hotel occupancy as at 18 percent.