Maldives Reduces Resort-Island Lease Costs to Support Tourism Development

On 19 October, the Tourism Ministry's revised cross-subsidy scheme lowered island lease charges in six atolls and Addu City. The reported changes include a USD 100,000 reduction in the base rate for each applicable area, a USD 15,000 reduction in the per-hectare charge and a USD 500,000 premium for the largest islands. The figures describe lease terms, not confirmed resort construction budgets. Resort operators and hospitality investors can contact HPC for quotations on revenue management, demand forecasting and hospitality analytics.

If you are interested to enquire further, please fill in the form below with your details and one of our consultants will contact you shortly.