Business Archives - https://guidememaldives.com/category/business/ Mon, 19 Jan 2026 20:12:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://guidememaldives.com/wp-content/uploads/2024/03/cropped-SITE-TRIN-32x32.jpg Business Archives - https://guidememaldives.com/category/business/ 32 32 GuideMe Maldives to Launch Major DOOH Tourism Campaign Across UAE https://guidememaldives.com/guideme-maldives-to-launch-major-dooh-tourism-campaign-across-uae/?utm_source=rss&utm_medium=rss&utm_campaign=guideme-maldives-to-launch-major-dooh-tourism-campaign-across-uae Mon, 19 Jan 2026 20:12:26 +0000 https://guidememaldives.com/?p=746 Dubai — GuideMe Maldives has announced the launch of a large-scale Digital Out-of-Home (DOOH) advertising campaign across Dubai and other major cities in the United [...]

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Dubai — GuideMe Maldives has announced the launch of a large-scale Digital Out-of-Home (DOOH) advertising campaign across Dubai and other major cities in the United Arab Emirates this coming February, marking a significant step in promoting Maldives tourism to the Middle East market.

The campaign will focus on showcasing Maldives budget hotels, guest houses, boutique hotels, and resorts, aiming to highlight the diverse and affordable accommodation options available across the islands. By targeting both premium and budget-conscious travelers, GuideMe Maldives aims to position the Maldives as an accessible, year-round destination for UAE residents and international visitors transiting through the region.

According to the Head of Dubai operations at GuideMe Maldives, the full marketing concept, creative strategy, and advertising rates will be officially announced next week. The DOOH campaign will utilize high-impact digital screens placed in strategic locations, including business districts, shopping hubs, and high-traffic urban areas across the UAE.

“This initiative is designed to strengthen the Maldives’ presence in one of its most important source markets,” the company stated. “Our focus is on boosting Maldives tourism in 2026 by increasing visibility, driving direct bookings, and supporting local hospitality partners, including guest houses and boutique properties.”

The campaign is expected to provide tourism stakeholders in the Maldives with a powerful platform to reach a wider audience, particularly travelers seeking authentic island experiences beyond traditional luxury resorts. By leveraging DOOH technology, GuideMe Maldives aims to deliver visually engaging content that captures the natural beauty, cultural richness, and accommodation variety of the Maldives.

With the UAE continuing to serve as a key travel and tourism hub, industry observers note that this initiative could play a vital role in driving future arrivals and sustaining tourism growth for the Maldives in the coming years.

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Maldives Opens Doors to Profitable Investment: From Resort Developments to Guesthouse Ventures https://guidememaldives.com/maldives-opens-doors-to-profitable-investment-from-resort-developments-to-guesthouse-ventures/?utm_source=rss&utm_medium=rss&utm_campaign=maldives-opens-doors-to-profitable-investment-from-resort-developments-to-guesthouse-ventures Wed, 31 Dec 2025 11:14:34 +0000 https://guidememaldives.com/?p=721 The Maldives continues to emerge as one of the most attractive destinations for tourism investment, offering diverse opportunities ranging from luxury resort developments to boutique [...]

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The Maldives continues to emerge as one of the most attractive destinations for tourism investment, offering diverse opportunities ranging from luxury resort developments to boutique guesthouse projects. With global travel demand at record highs and year-round appeal, the country provides a stable and rewarding environment for investors looking to enter or expand within the hospitality sector.

Resort development opportunities include private island leases, lagoon developments, and integrated luxury concepts designed to meet the growing demand for high-end, experience-driven travel. At the same time, guesthouse investments on local islands present a lower-entry, high-potential alternative, benefiting from increasing budget-conscious travelers and strong occupancy throughout both high and shoulder seasons.

Supportive government policies, long-term lease structures, and a well-established international brand position the Maldives as a secure tourism market. Whether developing an exclusive five-star resort or a well-managed guesthouse, investors can tap into strong returns, fast-growing visitor numbers, and one of the world’s most iconic destinations. The Maldives is not just open for investment—it is ready for the next generation of hospitality developments.

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Tourism Development : City Hotel in the Maldives https://guidememaldives.com/tourism-development-city-hotel-in-the-maldives/?utm_source=rss&utm_medium=rss&utm_campaign=tourism-development-city-hotel-in-the-maldives Fri, 19 Dec 2025 20:03:25 +0000 https://guidememaldives.com/?p=711 In the Maldivian context, a City Hotel refers to a hospitality establishment that typically has more than 50 beds and operates as a hybrid concept [...]

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In the Maldivian context, a City Hotel refers to a hospitality establishment that typically has more than 50 beds and operates as a hybrid concept between a resort and a guesthouse.

Unlike traditional guesthouses, a city hotel offers full hotel services and facilities, and unlike private island resorts, it is developed on an inhabited (local) island. In this sense, a city hotel in the Maldives is comparable to luxury or upscale hotels found in major cities and touristic centers in other countries.


Location & Concept

In the Maldives, city hotels are developed on inhabited islands where:

  • Commercial and social activities are present

  • Transportation access is convenient (airport, ferry, speedboat)

  • Guests can experience local culture alongside tourism services

These hotels rely not on isolated island luxury, but on proximity to urban life, services, and activities, while still offering comfort, quality, and curated experiences.


Key Characteristics of a Maldivian City Hotel

  • Located on inhabited islands

  • Typically 50 beds or more

  • Mid-scale to luxury positioning

  • Offers structured hotel facilities similar to resorts

  • Serves leisure, business, transit, and experiential travelers

  • Operates within local island regulations


Revenue (Sales) Components of a City Hotel

The core sales and revenue streams of a city hotel may include:

  1. Accommodation Sales

    • Room revenue (short stays, transit guests, business travelers)

  2. Food & Beverage (Restaurant)

    • In-house dining

    • External guests (where permitted)

  3. Spa & Wellness Services

    • Massage, wellness treatments, relaxation facilities

  4. Excursions & Experiences

    • Island hopping

    • Sandbank visits

    • Cultural tours

  5. Water Sports Activities

    • Jet ski, kayaking, snorkeling, etc.

    • Usually outsourced to licensed operators

  6. Diving Services

    • Scuba diving, courses, guided dives

    • Commonly outsourced to professional dive centers


Outsourcing Model

In most city hotel operations:

  • Water sports, diving, and excursions are outsourced to licensed third-party providers

  • The hotel earns revenue through:

    • Commission-based agreements

    • Package pricing

    • Strategic partnerships

This reduces capital expenditure and operational risk while expanding the guest experience offering.

Investment Size & Return on City Hotels in the Maldives

Investment in a City Hotel in the Maldives varies depending on the scale, design, and positioning determined by the investor. Typically, capital investment ranges between USD 1 million to USD 5 million, making city hotels an accessible entry point into the Maldivian tourism sector compared to private island resorts.


Return on Investment (ROI)

City hotels offer a quicker and more predictable return on investment, with an average ROI period of 5 to 8 years, depending on:

  • Location (Malé, Hulhumalé, Addu, or other urban islands)

  • Room count and facilities

  • Operational efficiency

  • Sales and distribution strategy

Compared to resort developments, city hotels benefit from:

  • Lower development costs

  • Shorter construction timelines

  • Stable year-round demand


Revenue Model Beyond Accommodation

In the Maldives, hotels in the tourism industry do not rely solely on accommodation revenue. Successful city hotels generate income from multiple complementary revenue streams, which significantly accelerate ROI.

Key income-generating areas include:

  • Accommodation Sales

  • Food & Beverage (Restaurants & Cafés)

  • Spa & Wellness Services

  • Excursions and Experiences

  • Water Sports & Diving (often outsourced)

Among these, Food & Beverage and activities play a crucial role in increasing average guest spend and overall profitability.


Meal Plans as a Key Sales Strategy

Tourism in the Maldives is strongly driven by package-based pricing, particularly for island-based hotels. City hotels commonly offer:

  • Half Board

    • Accommodation + breakfast + one main meal (lunch or dinner)

  • Full Board

    • Accommodation + breakfast + lunch + dinner

These meal plans are highly attractive to tourists as they:

  • Fit within defined travel budgets

  • Simplify expense planning for guests

  • Increase in-house spending

  • Improve occupancy and length of stay

As a result, half-board and full-board packages are a critical strategy for boosting revenue and achieving a faster ROI.

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For Sale: Dream Voyager Yacht – A Perfect Blend of Luxury and Adventure https://guidememaldives.com/for-sale-dream-voyager-yacht-a-perfect-blend-of-luxury-and-adventure/?utm_source=rss&utm_medium=rss&utm_campaign=for-sale-dream-voyager-yacht-a-perfect-blend-of-luxury-and-adventure Sat, 15 Nov 2025 04:51:11 +0000 https://guidememaldives.com/?p=699 If you’re looking to set sail in the crystal-clear waters of the Maldives, the Dream Voyager Yacht could be your perfect escape. For just USD [...]

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If you’re looking to set sail in the crystal-clear waters of the Maldives, the Dream Voyager Yacht could be your perfect escape. For just USD 280,000, this 29-meter yacht is available for purchase, offering a unique opportunity to own a luxurious vessel equipped with everything you need to experience the best of sailing and motor cruising in the Indian Ocean. Even better, the yacht is available for monthly rentals at USD 15,000.

Key Features and Specifications

  • Length: 29 meters

  • Width: 7 meters

  • Draft: 2.9 meters

  • Built Year: 1999

  • Engines: Dual 220 HP Ford engines

  • Speed: Estimated at 12–13 knots

  • Electricity: 220 Volts, 12 Volts DC, and 24 Volts DC

  • Communication Equipment:

    • IDD Telephone

    • VHF Radio

    • Inmarsat KVH Satellite Radio (Simrad RS 8300)

  • Navigation Equipment:

    • GPS

    • Echo Sounder

  • Safety Equipment:

    • 18 Martec life jackets

    • 4 life rings

    • 2 overboard life buoys with lights

    • GMDSS emergency beacon (Tron Model 40S, IMO 294-10T)

Luxury in the Heart of the Maldives

Whether you’re cruising through the turquoise lagoons or enjoying the vastness of the Indian Ocean, the Dream Voyager is designed for ultimate comfort. With spacious decks, well-appointed cabins, and state-of-the-art navigation equipment, it is the perfect vessel for those who value both performance and luxury.

For those interested in an income-generating opportunity, the yacht can be rented monthly at USD 15,000. This makes it an attractive option for investors looking to profit from the booming Maldives tourism market.

Perfect for Charter or Personal Use

Whether you plan to use the Dream Voyager for personal leisure or as a charter business, this yacht provides versatility and luxury on every level. With its spacious layout, reliable engine power, and modern communication systems, it promises a seamless sailing experience, whether you’re navigating serene waters or embarking on an adventurous journey.

Don’t Miss This Opportunity

With limited availability of such well-maintained vessels in the Maldives, the Dream Voyager Yacht offers an exceptional value. Whether you’re looking to invest in a dream getaway or a high-end charter business, this yacht is a unique opportunity.

For more details or to inquire about purchasing or renting the yacht, contact the seller today and set sail on your next adventure with the Dream Voyager.

If interested , please email to [email protected]

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Exclusive Island for Sale in the Maldives https://guidememaldives.com/island-for-sale-in-the-maldives/?utm_source=rss&utm_medium=rss&utm_campaign=island-for-sale-in-the-maldives Fri, 29 Aug 2025 19:00:35 +0000 https://guidememaldives.com/?p=689 Presenting a rare opportunity to own a private slice of paradise in the Maldives. This pristine, uninhabited island offers unparalleled natural beauty, located in one [...]

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Presenting a rare opportunity to own a private slice of paradise in the Maldives. This pristine, uninhabited island offers unparalleled natural beauty, located in one of the country’s most coveted atolls.

Key Features:

  • Location: Situated in a prime atoll (North or South Ari Atoll, Lhaviyani Atoll, or another sought-after region), just a short boat ride from local airports and easily accessible from Male International Airport.

  • Size: Spanning a generous number of acres, the island provides ample space for development or personal use.

  • Natural Beauty: White sand beaches, crystal-clear waters, lush vegetation, and stunning marine life make this island a true gem. Its unspoiled environment offers the perfect setting for relaxation or investment.

  • Development Potential: Whether you envision a luxurious private retreat or a commercial development like a boutique resort, overwater villas, or a yacht marina, the island is primed for development with ample space to create your vision.

  • Access: Natural harbor or mooring spots for boats, making it easy to enjoy and develop marine-based activities.

Why Invest?

With the Maldives being a global hotspot for luxury tourism, this island offers the unique combination of privacy, natural beauty, and investment potential. Whether you’re looking for seclusion, a high-end resort project, or an exclusive private estate, this island presents a one-of-a-kind opportunity in one of the world’s most desirable locations

For more details, please inquire about availability and pricing. ( Bizgate Consultancy  +960 763-5900) 

 

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  • LISTING PRICE – USD 7.4 MILLION
  • Location: Lhaviyani Atoll
  • Size: ~30 acres, 12.3 hectares
  • Description: 9km from shore, 10km north of Innahura Resort, 29km east of Naifaru
  • Ownership: Information upon NDA
  • Development: Developed
  • MapSee on Google Earth

Spanning around 30 acres, the property is situated on the eastern side of Lhaviyani Atoll, a region located to the north of the Maldivian capital. Its unspoiled state preserves a rich diversity of landscapes, from sandy and rocky shorelines that define much of the coastline to lush vegetation that blankets the interior. The island also features a secluded lagoon, cut off from the surrounding sea, adding to its allure.

The location of Faadhoo is another major highlight. Lhaviyani Atoll is renowned for its exceptional diving spots and aquatic experiences, making it a sought-after destination for water enthusiasts. Whether envisioned as a private retreat or a luxury leisure development, Faadhoo offers unparalleled access to the Maldives’ world-class aquatic attractions.

  • LISTING PRICE  USD 5.5 MILLION
  • Location: South Ari Atoll
  • Size: 10.37 acres, ~4,2 hectares
  • Description: 5km from shore, 5km NE of Mandhoo, 26 km west of Mahibadhoo
  • Ownership: Leasehold (50y)
  • Development: Non Developed
  • MapSee on Google Earth

Located in the stunning South Ari Atoll, this uninhabited 10-acre island offers a prime investment opportunity, whether for private retreat or commercial development.

With its white sand beaches, direct access to the crystal-clear waters of the Indian Ocean, lush greenery, and abundant sunshine, the island captures the essence of Maldivian paradise.

The surrounding area is home to well-established resorts, highlighting the region’s potential for successful commercial ventures. Yet, for those seeking total privacy, Virgin Island provides an ideal setting for an exclusive residence. No matter the purpose, the island promises tranquility and unmatched natural beauty.

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What paperwork is needed in order to pursue foreign investment? https://guidememaldives.com/what-paperwork-is-needed-in-order-to-pursue-foreign-investment/?utm_source=rss&utm_medium=rss&utm_campaign=what-paperwork-is-needed-in-order-to-pursue-foreign-investment Thu, 04 Jul 2024 05:07:10 +0000 https://guidememaldives.com/?p=381 How Do I Apply? Please submit all necessary documentation (listed below) to the Invest Maldives Office, located on the fourth floor of Velaanaage, in order [...]

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How Do I Apply?

Please submit all necessary documentation (listed below) to the Invest Maldives Office, located on the fourth floor of Velaanaage, in order to request approval for foreign investment.

For applications filed via the “Automatic” method, the application review procedure takes two working days; for those submitted via the “Government” route, it takes five to fourteen working days.

The applicant will get an acceptance letter from the Ministry following the approval of the foreign investment. The next thing you need to do is register your company using one of the three options below.

  • Re-registering a business with the registrar of companies in a foreign jurisdiction
  • Adding a New Company or Partnership
  • Purchasing Stock from a locally incorporated business

In one business day, your company will be registered. You must sign a Foreign Investment Agreement (FIA) with the Ministry of Economic Development & Trade after the business entity has been registered.

What paperwork is needed to request clearance for a foreign investment?

  • Application for Registration of Foreign Investment
  • Clear, comprehensive, and current copies of the directors’, shareholders’, and secretary’s/legal representative’s passports or National Identity Cards
  • Certificate of Company Registration and Constitutional Documents of the Entity, notarized as authentic copies by appropriate authorities in the nation of registration. All non-English documents must have notarized translations submitted by the investor.
  • For every shareholder (person and legal entity), a financial institution licensed by the relevant jurisdiction’s central bank issues a letter of financial credibility.
  • investor and shareholder profiles. For individual investors or stockholders, a resume will do.
  • Contract Award Letter from Public or Private Entities (if relevant)
  • An agreement or award letter from the relevant organization is required if the candidate wants to work in the construction industry.
  • Feasibility study and projected business plan (upon request by MED)

What paperwork is needed to re-register a business?

  • Application for Business Registration
  • Certificate of Company Registration and Entity Constitutional Documents notarized as true copies (by the appropriate authorities of the registered nation). Note: All non-English documents must have notarized translations supplied.
  • Board Decision of the Business
    to reapply in the Maldives
    To designate a Legal Representative to act on the company’s behalf in any legal actions taken against the company
  • Acceptance Letter and copy of the designated Representative’s NIC or passport Note: The representative should be a resident of the Maldives or a recognized organization; legal expertise is not required.
  • Proper, comprehensive, and legitimate copies of PP and ID for individuals with tax obligations

Which paperwork is needed in order to incorporate a new business?

  • Please refer to Company Registration for further information on how to register a company.
  • The business registration certificate and the entity’s constitutional documents notarized as true copies (by the appropriate authorities of the registered nation) if the foreign shareholder is an entity. Note: All non-English documents must have notarized translations supplied.
    Board Decision of the Business
    Information on how many shares, and in what proportion, the company will own in the new venture
    Information on the directors (if any) chosen to represent the entity in the new venture
  • Copy of the directors’ and company secretary’s valid, complete, and PP/ID; the tax-responsible person or people

Which paperwork is needed to register a partnership?

  • Application for Business Registration Form.
  • Partnership Contract (2 Originals)
  • PP / ID copies that are clear, full, and valid for the Partners’ tax-responsible person or people
  • Constitutional documents of the foreign partner, notarized as true copies by the appropriate authorities of the registered nation, if the foreign partner is an entity with a business registration certificate. Note: All non-English documents must have notarized translations supplied.
    Board Decision of the Business
    Information on how many shares, and in what proportion, the company will own in the new venture
    Information on the directors (if any) chosen to represent the entity in the new venture

Which paperwork is needed in order to purchase stock in an established local business?

  • Transfer Form for Sharing (2 originals)
  • The entity planning to make the investment has revised its articles of association and memorandum of association (2 Originals).
  • A board resolution authorizing the share transfer (as in step 1)
  • The new directors and shareholders’ NIC/passport copies must be clear, comprehensive, and valid.
  • The transferee’s board resolution (if an entity)
    Information on the quantity and percentage of shares the business will purchase
    Information on the directors (if any) chosen to represent the entity in the new venture

What is the price of this?

  • Administration of Foreign Investments Amount equal to $5,000 USD. The Maldives Inland Revenue Authority (MIRA) must receive payment of this amount. You must provide the Ministry of Economic Development & Trade with a copy of the receipt.

Moreover, depending on the kind of business you register in the Maldives, you must pay an entity registration charge. Please go to the company registration process for information on fees.

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The Resort Island Kalhudhiyafushi, which is 78% completed, is now available for sale.. https://guidememaldives.com/78-completed-resort-island-kalhudhiyafushi-is-for-sale/?utm_source=rss&utm_medium=rss&utm_campaign=78-completed-resort-island-kalhudhiyafushi-is-for-sale Sat, 22 Jun 2024 12:18:17 +0000 https://guidememaldives.com/?p=263 Bank of Maldives (BML) has put Kalhudhiyafushi of Thaa Atoll, an island being developed as a tourist resort, up for sale for the third time. [...]

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Bank of Maldives (BML) has put Kalhudhiyafushi of Thaa Atoll, an island being developed as a tourist resort, up for sale for the third time. This is because the borrower failed to repay a loan from the bank, leading to the bank foreclosing on the property.

The island was first put up for sale in September 2019, with an initial price of USD 29.5 million.

In its sales note, BML detailed that it granted banking facilities to Huravee International Pvt. Ltd, of which a large share is held by Hussain Manik Dhonmanik, former MP of Thaa Guraidhoo constituency, via a facility agreement in 2016.

The bank had to ask the court for help because the borrower defaulted. In February 2019, the Civil Court gave BML the right to sell the mortgaged assets and collect the money owed to the bank.

The Maldives Marketing and Public Relations Corporation (MMPRC) initially leased the island for resort development.

The agreement to develop Kalhudhiyafushi as a tourist resort was signed between the Ministry of Tourism and Huravee International on August 24, 2015, with the former tourism minister Ahmed Adeeb signing on behalf of the ministry.

The island, situated near Gaadhiffushi island of Thaa Atoll, was originally planned to open in 2017. It will feature 97 private villas, 100 rooms, and three restaurants and is being developed in partnership with the international hotel chain Meliá Hotels International.

However, as of now, only about 78 percent of the resort’s construction has been completed.

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Maldives main airport’s new runway opens up future tourism growth https://guidememaldives.com/maldives-main-airports-new-runway-opens-up-future-tourism-growth/?utm_source=rss&utm_medium=rss&utm_campaign=maldives-main-airports-new-runway-opens-up-future-tourism-growth Fri, 15 Mar 2024 20:20:03 +0000 https://guidememaldives.com/?p=26 Maldives’ Velana International airport opened its new 3.4km runway. The code-F runway officially opened on October 6th and at 65m wide, it will accommodate the [...]

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Maldives’ Velana International airport opened its new 3.4km runway.

The code-F runway officially opened on October 6th and at 65m wide, it will accommodate the largest aircrafts in operation, such as the Airbus A380 – the world’s largest commercial aircraft.

Work started on the runway in 2018, as part of a huge $1bn development project to upgrade the airport for modern tourism needs. The existing runway is now a parallel taxiway, allowing for smoother operations and increased capacity.

The runway opened alongside a new seaplane terminal, which has increased seaplane capacity by 50%.

The Maldives has the biggest seaplane operation in the world, connecting Velana International Airport to resorts across the country’s 26 atolls.

The airport development project also includes a new passenger terminal, a 45 million litre fuel farm and a 120,000 tonne cargo facility.

The new international passenger terminal building, now under construction, will have an increased area of more than 78,000 square meters and will boast aero boarding bridges, state-of-the-art baggage handling systems and a wide range of food and beverage outlets, retail spaces, lounges and other services.

A new VIP/CIP building has already opened, providing high-end facilities for discerning travellers.

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