Saturday, May 27, 2023

Tourism master plan aims for USD 6 billion annual revenue

ChatGPT summary: Maldives has revealed its fifth tourism master plan, aiming to achieve an annual revenue of USD 6 billion from tourism over the next five years. The plan includes increasing investments and tourist beds in different regions, focusing on improving occupancy rates, expanding flight connections, developing local talent for tourism jobs, and promoting sustainable practices. In 2021, the tourism sector generated USD 3.5 billion in revenue, and it is expected to reach USD 4.2 billion this year. The new master plan emphasizes extending tourism benefits to all regions, communicating the unique characteristics of Maldivian tourism, introducing diverse experiences, protecting natural resources, achieving energy conservation and net-zero targets, improving transportation, attracting and retaining skilled workers, facilitating investments, digitizing the sector, enhancing health and safety systems, implementing accessibility measures for disabled and elderly tourists, and setting standards for positive changes in the industry's development. FULL STORY from Atoll Times

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