The Maldives has recorded a slight increase in tourist arrivals for the month of June 2024, compared to the same period in the previous year. According to the latest statistics from the Ministry of Tourism, the total number of arrivals for June 2024 stood at 123,284, marking a 2.4% increase from June 2023’s figure of 120,363.
This year-on-year growth, albeit modest, signifies a positive trend for the Maldivian tourism sector. However, it is worth noting that the increase for June 2024 is less pronounced than the significant gains seen earlier in the year. For instance, February 2024 saw a substantial 22.2% increase in arrivals compared to February 2023.
When looking at the broader picture, the cumulative tourist arrivals for the first half of 2024 reached 1,015,529. This represents a 9.2% increase compared to the same period in 2023, which saw 929,607 arrivals. The overall growth for the year reflects a continued recovery and expansion of the tourism industry in the Maldives.
Monthly Comparison and Trends
Breaking down the monthly data, the trend of increasing tourist numbers is evident across most months in 2024. January and March saw notable increases of 11.5% and 11.9% respectively, compared to the same months in 2023. February remained the standout month with the highest growth rate. However, May 2024 experienced a slight decline of 0.9% compared to May 2023, indicating some fluctuations in the otherwise upward trend.
The slight increase in June 2024 aligns with the overall positive trajectory but also points to a stabilisation in growth rates as the year progresses. This stabilisation might be reflective of global travel patterns and economic factors influencing tourist decisions.
Market Insights
In terms of market contributions, the top sources of tourists to the Maldives remain consistent. China, Russia, and the United Kingdom continue to be significant contributors, with China leading with 120,726 arrivals as of June 2024, constituting 11.9% of the market share. Russia follows with 105,068 arrivals (10.3%), and the UK with 93,291 arrivals (9.2%).
Other notable markets include Italy, Germany, and India, each maintaining a strong presence in the Maldivian tourism landscape. The USA, France, and Switzerland also feature prominently, albeit with smaller shares compared to the leading markets.
Accommodation and Capacity
The accommodation sector in the Maldives remains robust with a diverse range of options for tourists. As of June 2024, the country boasts 1,210 operational tourist facilities, including 182 resorts, 14 hotels, 864 guesthouses, and 150 safari vessels. This amounts to a total bed capacity of 62,360, ensuring that the country can cater to the growing number of tourists.
The Maldives’ tourism sector continues to show resilience and growth, with June 2024’s figures adding to the positive outlook for the year. While the rate of growth in tourist arrivals has stabilised compared to earlier months, the consistent increase highlights the country’s enduring appeal as a top travel destination. Moving forward, maintaining this growth trajectory will be essential for the sustained recovery and expansion of the Maldivian tourism industry.
