Indian tourist arrivals to Maldives drop by over 50pc

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Private Equity: Invesco

Indian tourist arrivals to Maldives drop by over 50pc

According to the March 2024 data released by the Maldives government, Indian tourist arrivals to Maldives have plummeted by over 50 percent compared to the same month in the previous year. In March 2023, 18,099 Indian tourists travelled to the country, whereas in March 2024, the number dwindled to a mere 8,322—a stark 54 per cent decrease. This downward trend is not limited to a single month; it extends across the first quarter of 2024, with onl