Maldives - Business Confidence in Tourism
Maldives business confidence in tourism fell to -69 points in Q2 2025, the lowest in four quarters. This is a decline of 186.2% from Q1 2025 which registered 80 points. The downturn is due to the traditional off-peak season impacting tourism businesses. Resorts reported contractions in bookings, revenue, occupancy rates and average room rates. Employment and labor costs also weakened as businesses implemented cost-cutting measures. Maldives's record low business confidence in tourism was -100 points in Q2 2020 and record high was 100 points in Q1 2021.
Quarterly Historical Data (2015-2025)
(in points)Maldives - Business Confidence in Tourism : Definition
Maldives tourism business confidence reflects the outlook of tourism sector firms on economic conditions. Calculated via surveys on future business expectations, it shows the net balance of firms anticipating improvement versus those expecting deterioration. A negative value indicates pessimism among Maldives tourism businesses.