Maldives on Track for 2 Million Tourists by Year-End as Arrivals Continue to Climb

Photo: Ritz Carlton Maldives Fari Islands

The Maldives is on track to welcome a record number of tourists in 2024, with the latest data from the Ministry of Tourism showing a steady rise in arrivals. As of 5th October, the total number of tourists for the year stood at 1,517,068, representing a 9.5% increase compared to the same period in 2023. With the government targeting 2 million arrivals by the end of the year, the country needs approximately 482,932 more tourists over the final three months of 2024.

This would require an average of around 160,977 tourists per month between October and December. While this figure is ambitious, it is within reach when considering the Maldives’ strong performance earlier this year. In July 2024, tourist arrivals hit 167,528, followed by 176,175 in August, both of which comfortably exceeded the required monthly average to hit the 2 million mark. However, September saw a slight dip with 132,788 arrivals, which fell short of the needed figure.

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Despite this, the Maldives’ tourism sector has demonstrated resilience and adaptability. Historically, the final quarter of the year often sees a boost in tourist numbers, especially during the holiday season in December. If this pattern holds true, the Maldives may still achieve its ambitious goal.

China continues to lead the way as the top source of tourists, contributing 15% of the total arrivals in 2024. Russia and the United Kingdom follow closely behind, with 10.9% and 8.4% of the market share, respectively. Other important markets include Germany, Italy, and India, all of which play crucial roles in maintaining the upward trajectory of the Maldivian tourism industry.

The Maldives’ robust accommodation sector, with 1,224 operational tourist facilities, ensures the country can comfortably handle the growing influx of visitors. The diverse range of accommodations, from luxury resorts to guesthouses and safari vessels, makes the Maldives an appealing destination for a wide range of travellers.

Reaching the 2 million tourist milestone would be a significant achievement for the Maldives, reaffirming its status as one of the world’s most sought-after destinations. While the target is challenging, the steady upward trend and the potential for a year-end surge in arrivals provide optimism that the country can meet this ambitious goal.

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