Horwath HTL Industry Report: Maldives Market Overview
Tourist arrivals to the Maldives grew at a CAAG rate of 8.1% from 2008 to 2018. By end of 2018, total arrivals exceeded 1.4 million. As the highest rate-yielding market in Asia, developers are all vying for a share of the pie. In 2019, the Maldives is expected to witness 17 new resort openings, adding over 2,100 keys to the resort market. Is there room for more resorts in the Maldives?
This latest report by Georgienne Lee of Horwath HTL Singapore seeks to highlight historical trends of the resort market in the Maldives across different tiers and locations, and provides their take on the outlook of the market.
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
For more information, please visit www.horwathhtl.com.
