Six new resorts to be opened in 2023

Ministry of Tourism has revealed that six new resorts are scheduled to open this year, which will increase the number of tourism beds.

The tourism ministry stated that two new resorts have opened in the Maldives so far this year. As such, NOOE Maldives Kunaavashi in Vaavu Atoll which opened on March 15, and Avani Fares Maldives Resort in Baa Atoll which opened on March 29 consist of 100 beds each. The tourism ministry stated that six more resorts are scheduled to open this year. These include resorts that are preparing to open in five atolls in the Maldives.

The latest statistics published by the tourist ministry reveal that there are currently 170 resorts operating in the country which consists of 41,241 tourism beds. The tourism industry has been prospering after the COVID-19 pandemic. As such, 661,628 tourists visited the Maldives as of April 25 which is a 19.5% increase compared to the same period last year, according to the tourism ministry. Before the COVID-19 outbreak, 1.7 million tourists visited the Maldives in 2019, while the number dropped to 600,000 in 2020.

Coldwell Banker Richard Ellis (CBRE) stated that investor interest in the Maldives increased as tourism improved. CBRE is one of the world’s best-known and largest companies in the commercial real estate business. CBRE stated that the Maldives is the fastest-growing tourism destination in Asia after the pandemic.