10 May 2026
Maldives tourism sector faces over USD 500 Million loss amid decline in arrivals
The Maldives’ tourism industry has sustained losses exceeding USD 500 million following a sharp decline in tourist arrivals, according to a joint statement issued by the Maldives Association of Travel Agents and Tour Operators (MATATO) and the National Hotels and Guesthouses Association of the Maldives (NHGAM).