MALDIVES TOURISM PERFORMANCE REPORT

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A Brief Summary on the Tourism Performance at End 211 MALDIVES TOURISM PERFORMANCE REPORT 211 Ministry of Tourism, Arts & Culture

Overview Tourist arrivals to the Maldives in 211 recorded a healthy growth of 17.6% compared with 21. While there was a 12.8% growth in arrivals during the first quarter of the year, the second quarter recorded the highest growth rate in arrivals with over 22% increase. During the third quarter of the year, the growth rate was recorded to be 18.9% (refer Table 1). Fourth quarter registered a growth of 17.4%. With over 6.5 million nights, the tourist bed nights recorded a growth of 9.1% in 211. With the increase in bed capacity, the occupancy rate and average duration of stay registered negative growths with -2.5% and -.5% respectively. A total of 11 resorts with 22,94 beds, 19 hotels with 1,63 beds, 37 guest houses with 641 beds and 157 safari vessels with 2,514 beds, were registered in the Maldives at the end of 211. Out of which, on an average 93 resorts with 21,35 beds, 17 hotels with 1,467 beds, 24 guest houses with 468 beds and 98 safari vessels with 1,518 beds were in operation at the end of 211. Out of the 5 new resorts that were expected to open during the year 211, 3 resorts came into operation, which included Six Senses Laamu (194 beds) in L. Olhuveli, Jumeirah Devanafushi (74 beds) in G.A. Meradhoo and Ayada Maldives (2 beds) in G.Dh. Magudhdhuvaa. Table 1: Major Indicators 211 INDICATORS 211 Jan - Mar Apr -Jun Jul Sep Oct Dec Total (end Dec) Arrivals 247,617 2,35 221,25 262,161 931,333 % Change over 21 12.8 22.8 18.9 17.4 17.6 Bed Nights 1,852,564 1,441,46 1,477,846 1,762,891 6,529,141 % Change over 21 1.7 16. 9.9 11.5 11.8 Occupancy Rate 84.2 64. 66.3 78.3 73.1 % Change over 21 -.2 1. -1.7-1.1-2.5 Operational Bed Capacity 24,487 24,74 24,212 24,413 24,49 % Change over 21 1.7 14.3 12.9 13.1 12.9 Average Duration of Stay (Days) 7.5 7.2 6.7 6.7 7. % Change over 21 -.1 -.4 -.5 -.4 -.4 1

Arrivals (in thousands) Arrival Growth (%) Tourist Arrivals At the end of 211, over 931, tourists visited the Maldives registering a positive growth of 17.6%. On a monthly basis, tourist arrival was at its peak during the month of October 212 with a total of 91,59 tourists. However, in terms of growth rate, highest growth was recorded during the month of April 212 with 31.6%. Figure 2: Tourist Arrivals to the Maldives 211 1 arrivals growth 35 9 8 7 6 5 4 3 2 1 3 25 2 15 1 5 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2

Arrivals (in Thousands) Tourist Arrivals by Gender and Age Group At the end of 211 a total of 448,724 male tourists and 457,862 female tourists visited the Maldives. The percentage contribution of female tourists was higher than that of male tourists. While females represented 71% of the total arrivals to the Maldives in 211, male tourists represented 69.6%. (Refer Figure 3). Figure 3: Tourist Arrivals by Gender - 211 5 45 4 35 3 25 2 15 1 5 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Male 33.653 37.715 39.662 38.624 32.273 27.948 35.37 37.76 35.871 45.469 42.638 42.425 Female 33.825 39.348 4.343 39.647 32.183 27.999 37.146 39.752 35.99 45.59 42.863 43.176 3

With respect to the age group of tourists who visited the Maldives in 211, the working age groups of citizens dominate tourist population of the Maldives. As seen in Figure 4, 86% of the total arrival to the Maldives was represented by tourists aged between 25 and 64 years. While tourists aged between 45 and 64 years contributed 44% of the total arrivals to the Maldives during 211, 42% of the tourists were between the ages of 25 to 44 years. Youngsters between the ages of 15 to 24 years and children under the age of 14 contributed 4% each. The percentage share of tourists aged above 65 years was recorded to be 6%. Figure 4: Tourist Arrivals by Age Group - 211 Retired (above 65 years) 6% Children (-14 years) 4% Youngsters (15-24 years) 4% Middle Aged (45-64 years) 44% Economically Active (25-44 years) 42% 4

Major Markets Although Europe has been loosing its shares to the growing Asia Pacific region over the years, this region captured the largest share with nearly 58%, in 211. Capturing a market share of 37.5% Asia & the Pacific remained as the second market generator to the Maldives. While Americas contributed 2.5% to the total arrivals during this period, market share of Middle East was at 1.6% and Africa captured the lowest share of.7% in 211 (refer Fig. 5) Figure 5: Market Share by Regions - 211 Europe (57.7%) Asia & The Pacific (37.5%) Americas (2.5%) Middle East (1.6%) Africa (.7%) At the end of 211 except for Europe, all regions posted double digit growth rates compared with 21. Europe, while remaining the market leader registered the lowest growth rate of 6.4% in 211. The highest growth rate for the period was recorded for the Asia and the Pacific region with 37.5%. Arrivals from Americas and the Middle East grew by 27.2% and 25.3% respectively. Africa posted a growth rate of 14.9% in 211 compared with 21 (refer Figure 6). 5

Percent (%) Figure 6: Arrival Growth by Regions - 21 & 211 6, 5, 4, 3, 2, 1,, % change 211/21 % change 21/2 9 Asia & The Pacific Americas Middle East Africa Europe Most favorable performance from the European region was recorded for the Swedish market with a positive growth of over 34% in 211 compared with 21. Second best performance for the period from this region was observed from Denmark with an increase of 31%. Third best performance was recorded from the Belgium market with a positive growth of 3.8%. While Greece registered the lowest growth rate with a negative 35%, the Italian market and U.K market, two of the key source markets from this region, registered negative growths at the end of 211 with -7.3% and -8.5% respectively. From the Asia and the Pacific region, the Chinese market maintained its number one rank with a healthy growth of 67% capturing 21% shares at the end of 211. The only major market from this region which registered a negative growth in 211 was Japan with 7.8%. From the Africa, the South African market registered a healthy growth of over 16%, however, this market represents only.4% of the total arrivals in 211. The U.S market from the Americas is considered as one of the potential markets increasing its market share from 1.4% in 21 to 1.6% 211. U.S posted a strong positive growth of 26.2% in 211 compared with 21. Middle East region did well in 211 registering double digit growth rates from all major source markets. 6