Travel in Maldives

November 2020 | 26 pages | ID: T74BF2A8DB7EN
Euromonitor International Ltd

Abstracts

The impact of COVID-19 on the Maldives began in early February with the suspension of flights between the Maldives and mainland China, followed by bans on the entry of travellers from other affected countries in March and most importantly, national lockdown on 17 April. As countries across the globe locked down, inbound arrivals to the Maldives plummeted, as key source markets such as China, India, France, Italy, Spain, the UK and parts of Germany were severely affected by COVID-19.

Euromonitor International's Travel in Maldives report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Activities and Experiences (Destination), Lodging, Online Travel Sales and Intermediaries, Tourism Flows, Travel Modes, Traveller Profiles.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Travel market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

EXECUTIVE SUMMARY
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
MARKET DATA
Table 1 Attractions and Experiences: Value 2015-2020
Table 2 Forecast Attractions and Experiences: Value 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
DISCLAIMER
SOURCES
Summary 1 Research Sources
TOURISM FLOWS
Key Data Findings
2020 Impact
Maldives’ suffers from the grave impact of COVID-19 on its key source markets
National lockdown delivers the final blow to tourism flows in the Maldives in 2020
Recovery and Opportunities
Strong recovery expected for inbound arrivals at the start of the forecast period
Government investment and widening price range to widen appeal
Category Data
Table 3 Inbound Arrivals: Number of Trips 2015-2020
Table 4 Inbound Arrivals by Country: Number of Trips 2015-2020
Table 5 Inbound Receipts: Value 2015-2020
Table 6 Forecast Inbound Arrivals: Number of Trips 2020-2025
Table 7 Forecast Inbound Arrivals by Country: Number of Trips 2020-2025
Table 8 Forecast Inbound Receipts: Value 2020-2025
Table 9 Domestic Trips by Purpose of Visit: Number of Trips 2015-2020
Table 10 Domestic Business Trips by Travel Mode: Number of Trips 2015-2020
Table 11 Domestic Leisure Trips by Travel Mode: Number of Trips 2015-2020
Table 12 Domestic Expenditure: Value and Growth 2015-2020
Table 13 Forecast Domestic Trips by Purpose of Visit: Number of Trips 2020-2025
Table 14 Forecast Domestic Business Trips by Travel Mode: Number of Trips 2020-2025
Table 15 Forecast Domestic Leisure Trips by Travel Mode: Number of Trips 2020-2025
Table 16 Forecast Domestic Tourist Expenditure: Value and Growth 2020-2025
Table 17 Outbound Departures: Number of Trips 2015-2020
Table 18 Outbound Departures by Destination: Number of Trips 2015-2020
Table 19 Outbound Expenditure: Value 2015-2020
Table 20 Forecast Outbound Departures: Number of Trips 2020-2025
Table 21 Forecast Outbound Departures by Destination: Number of Trips 2020-2025
Table 22 Forecast Outbound Expenditure: Value 2020-2025
AIRLINES
Key Data Findings
2020 Impact
Airlines experience a sharp decline in 2020 due to ban on travel from key countries
Planned opening of four new airports hit by 2020 events
Recovery and Opportunities
Airport expansion set to benefit airlines during forecast period
Airlines to benefit from increasing flight frequency and connectivity during the forecast period
Category Data
Table 23 Airlines Sales: Value 2015-2020
Table 24 Forecast Airlines Sales: Value 2020-2025
LODGING
Key Data Findings
2020 Impact
COVID-19 causes emptying of accommodation and restriction of new bookings in 2020
Premium resorts dominate lodging in 2020, yet budget options are increasing in the Maldives
Recovery and Opportunities
Lodging players will capitalise on recent strong investment during the forecast period
Affordable guesthouses will become more popular over the forecast period
Category Data
Table 25 Lodging Sales: Value 2015-2020
Table 26 Lodging Outlets: Units 2015-2020
Table 27 Forecast Lodging Sales: Value 2020-2025
Table 28 Forecast Lodging Outlets: Units 2020-2025
ONLINE TRAVEL INTERMEDIARIES
Key Data Findings
2020 Impact
In 2020, lockdown challenges traditionally favoured offline travel intermediaries
Online travel intermediaries gain popularity but cannot escape impact of drop in global travel
Recovery and Opportunities
Online travel intermediaries to capitalise on their growing popularity during the forecast period
Economic uncertainty will necessitate heavy discounts during the forecast period
Category Data
Table 29 Travel Intermediaries Sales: Value 2015-2020
Table 30 Forecast Travel Intermediaries Sales: Value 2020-2025