The Tourism Climate

Tourism in the Maldives is one of the most lucrative businesses in the region. Since its humble beginnings in 1972, the Maldivian tourism industry has grown to become a global leader. The current industry boasts international properties and operations such as Hilton, Six Senses, Four Seasons, and One and Only among others. There still remains a huge demand within the community to create the means to allow individual Maldivians to invest and participate in the industry and its extraordinary ROI, thus making MTDC as necessary as it was during the company’s inception.

2009’s downward economic trends seem to have been subverted in 2010. As Asia develops, so does the market for tourists from Asia. It no longer comes as a surprise to anyone that China is the fastest growing market, while Finland, Portugal, Greece, Philippines, Indonesia, Singapore, Saudi Arabia, and the UAE also display high growth. In terms of operations development too has 2010 defied the trends of 2009, where development slowed down to a state of near non-activity.

The sustainability of the industry depends completely on its ability to protect the ecology and environment. As the world rightly grows more concerned over the state of climate change and the factors that affect it, in addition to the problems of damage caused to the environment through carelessness, lack of awareness, or indirect causes, Maldives has grown into the role of champion of environmental issues. It is inevitable, and justified, that aspects of this role should inseminate the workings of the industry.