Categories: Travel NewsWorld News

Investor Interest in the Maldives on the Rise Due to Tourism – A Continuing Positive Trend

Earlier this year, the largest commercial real estate services and investment firm in the world, Coldwell Banker Richard Ellis, stated that the demand for the Maldives by investors; amongst the reasons given for this was the growing number of tourist arrivals as well as the amendment of the country’s Foreign Direct Investment policy three years ago. Also highlighted was that the Maldives was a high-end tourism destination which offered the chance for higher returns on investments in hotel businesses. Another plus point was the country’s remarkable tourism recovery following the pandemic which further bolstered investor interest.

The popularity of this Indian Ocean nation has not diminished either as travellers continue to arrive in increasing numbers looking to stay at a luxury resort; Maldives had welcomed 886,978 tourists this year as of 21st June this year, as per statistics from the country’s Ministry of Tourism. This bodes as well as it looks to reach its year-end target of 1.9 million arrivals with private island resorts like The Residence Maldives Dhigurah providing ideal getaways for couples and families alike.

fritzjames

Recent Posts

Sri Lanka Sees Rise in Arrivals in 2024 – India Remains a Leading Source Market

Sri Lanka's tourism industry has witnessed a positive trend in 2024, with a steady increase…

5 days ago

Caribbean Aims to Streamline Travel with Improved Airline Routes – Paving the Way for Seamless Caribbean Travel

The Caribbean's allure as a tourist haven and an emerging investment hub continues to grow.…

5 days ago

Abu Dhabi Announces $10 Billion Tourism Strategy – Adding to the Allures of the UAE

The capital of the United Arab Emirates, Abu Dhabi, is poised to become a global…

1 week ago

Visa-Free Initiative in Sri Lanka Extended Till 30th April – Increase in Arrivals Reported As Well

Sri Lanka has announced the extension of its pilot project granting visa-free entry to visitors…

1 week ago

Minor Hotels to Debut Avani Brand in China – Two Properties to Be Located in Xinyi

Offering more opportunities to enjoy nature-based getaways, Minor Hotels is set to debut its Avani…

1 week ago

Bangkok to Host PATA Travel Mart 2024 – Connecting Asia Pacific in the City of Angels

The Pacific Asia Travel Association (PATA) has announced Bangkok, Thailand, as the host city for…

1 week ago