The Maldives has welcomed 1.71 million tourists so far this year, with China remaining the country’s largest source market, according to the latest statistics released by the Ministry of Tourism.
The Maldivian government collected MVR 1.6 billion in resort rental revenue during the first nine months of 2026, marking a 10.8% increase compared to the same period last year.
Nilaa Coral Island Maldives in Gaafu Dhaalu Atoll’s Kodegalaa has been issued its operating licence, according to the Ministry of Tourism and Civil Aviation.
The government is moving to address up to USD 600 million in accumulated arrears linked to 161 islands and lagoons leased for tourism development but left undeveloped, with some projects stalled for as long as 25 years.
Nilaa Coral Island Maldives has opened in Gaafu Dhaalu Atoll, becoming the atoll’s third resort. Developed on Kodegalaa, the resort is positioned as a high-end tourism destination featuring seven ocean-facing villas.
Practical work on 17 resorts planned for Vilin’gili Lagoon in Gaafu Alifu Atoll is expected to begin next month, Tourism Minister Mohamed Ameen has said.
Aman has officially unveiled the name of its first destination in the Maldives, with the luxury hospitality group announcing that its upcoming Vaavu Atoll development will be known as Amanolu.
Maldives Tourism Development Corporation (MTDC), Ahmed Niyaz, has announced that the company is preparing to begin work on the development of a new resort as part of efforts to increase its revenue.
The Maldives is preparing for one of the fastest tourism expansions in its history, with dozens of luxury resorts, branded residences, private islands, and major infrastructure projects expected to reshape the country over the next several years. For decades, the Maldives built its global reputation on a simple formula: turquoise lagoons, white-sand beaches, and overwater…
