Tourist arrivals and bednights exceed pre-pandemic levels in Nov 2021

According to the latest Economic Update from Maldives Monetary Authority (MMA) the tourist arrivals and bed-nights increased substantially in November 2021 compared to the same month in 2020.

In addition to this, tourist arrivals and bed-nights increased exceeding pre-pandemic levels in November 2019 as well.

MMA attests that the tourist arrivals in November 2021 rose to 144,725 which is a 5% increase compared to the same month in 2019 during which tourist arrivals had reached 137,921.

Moreover, the tourist bed-nights registered an increment of 19% during the review period.

The annual increase in tourist arrivals reflected the base effect of slow pick-up in tourist arrivals in November of last year following the border reopening and the subsequent surge in arrivals from the primary source markets with the commencement of peak tourism season.

The top five source markets to the island nation in November 2021 include India, Russia, Germany, USA and UK.

Operational bed capacity of the tourism industry increased by 14,816 beds compared with November 2020 and increased by 19,140 beds compared to October 2021.

On the other hand, occupancy rate increased to 68% during the review month from 64% in October 2021 and by 25% when compared to November 2020.

Meanwhile, tourist arrivals from January to November 2021 observed an increment by 152% in annual terms while it was below 70% during the corresponding period in 2020.

Total bed-nights of the industry grew by 160% in November 2021 while it was below 65% in the same period in 2020.

In addition to this, the average duration of stay decreased to 8.8 days during the period in 2021 from 19.3 days in 2020.