Maldives expands Luxury Portfolio with 35 resorts Set to Open by 2025

23 November, 2023

The Maldives is set to witness significant tourism growth with the development of upcoming resorts from 2023 to 2025. The data reveals a total of 35 projects and 10,735 beds in the pipeline during this period. The year 2023 alone is expected to witness the commencement of seven projects, collectively contributing 2,588 beds to the archipelago’s accommodation capacity.

The momentum continues into the subsequent year, 2024, with an impressive surge in activity—23 projects are on the horizon, promising a substantial addition of 7,403 beds.

Additionally, in 2025, five projects are projected to be initiated, providing an additional 744 beds. In aggregate, this ambitious wave of development is set to introduce a remarkable total of 10,735 beds across the 35 projects, reflecting the Maldives’ commitment to meeting the growing demand for tourism and ensuring an enriched hospitality experience for visitors.

This development showcases a robust expansion in the Maldives’ hospitality sector, particularly in popular atolls like Kaafu and emerging destinations like Lhaviyani. The inclusion of previously less-explored atolls like Lhaviyani reflects a strategic effort to diversify the tourism landscape, offering travelers a chance to explore new, untouched corners of the Maldives. This expansion not only contributes to the economic growth of these regions but also ensures a more equitable distribution of tourism benefits across the archipelago.

Presently, the Maldives boasts 175 operational resorts, offering a total of 63,085 tourist beds, and the country has already seen over 1.6 million tourists visit in 2023.

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