January 11, 2022
According to the research report titled ‘The Maldives: Emerging as a Dream? Vacation? Destination for the International Tourists’, available with MarketStudyReport, Maldives tourism market is anticipated to amass USD 5 billion by the end of the year 2027.
As per the findings of the report, Maldives tourism market is mainly driven by the rising population of international tourists. Estimates cite that Maldives is likely to attract more than 2.5 million international tourists by the end of 2027.
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Furthermore, improved spending capacity of individuals, allowing them to international trips, in consort with rising internet penetration and ease of making online bookings are aiding to the industry share.
Notably, other than drivers and opportunities, the report also contains current and upcoming challenges in the business sphere, while divulging potential solutions. It also considers the history of market augmentation as well as the current trends to produce reliable estimates for growth rate, size, and revenue share over the forecast period.
Maldives tourism industry report entails insights pertaining to 14 countries, including India, Spain, Poland, Austria, Ukraine, United States, Switzerland, France, Germany, United Kingdom, Russia, Italy, Saudi Arabia, and Kazakhstan. Details about the number of tourists of each of these countries, their purpose of visit, and overall spending are presented.
Moreover, the literature throws light on the favorite or most visited destinations in Maldives. It then goes on to underline the challenges faced by the tourists, and offers tactics to tackle them. The latest developments in the travel & tourism sector are scrutinized, thereby providing the insights on how to leverage to gain maximum profits.
Lastly, the research report on Maldives tourism market is conducts a deep-dive survey of the competitive landscape and overall space for a period of 2017-2027, hence enabling the stakeholders to make informed decisions.