Tourism Minister Announces MVR 437 Million in Non-Tax Revenue from Tourism Sector

Tourism Minister Ibrahim Faisal announced MVR 437 million in non-tax revenue from tourism this year, a significant increase from MVR 210 million combined over the previous two years. The sector achieved milestones including the fifth consecutive World's Leading Destination Award and first World's Leading Green Destination Award. February saw a record 10,213 arrivals in a single day and 217,392 for the month. The Maldives reached 1 million tourists earlier than ever and expects 2 million by month's end. Revenue came from island leasing and lease extensions. Undeveloped resorts decreased from 63 to 58. Discussions with the Economic Council and Attorney General are ongoing to reclaim islands from non-developing lessees. L. Hulhimendhoo has been allocated to the National University for development as a training resort.

Tourism Minister Ibrahim Faisal announced MVR 437 million in non-tax revenue from tourism this year, a significant increase from MVR 210 million combined over the previous two years. The sector achieved milestones including the fifth consecutive World's Leading Destination Award and first World's Leading Green Destination Award. February saw a record 10,213 arrivals in a single day and 217,392 for the month. The Maldives reached 1 million tourists earlier than ever and expects 2 million by month's end. Revenue came from island leasing and lease extensions. Undeveloped resorts decreased from 63 to 58. Discussions with the Economic Council and Attorney General are ongoing to reclaim islands from non-developing lessees. L. Hulhimendhoo has been allocated to the National University for development as a training resort.

Tourism Minister Ibrahim Faisal announced MVR 437 million in non-tax revenue from tourism this year, a significant increase from MVR 210 million combined over the previous two years. The sector achieved milestones including the fifth consecutive World's Leading Destination Award and first World's Leading Green Destination Award. February saw a record 10,213 arrivals in a single day and 217,392 for the month. The Maldives reached 1 million tourists earlier than ever and expects 2 million by month's end. Revenue came from island leasing and lease extensions. Undeveloped resorts decreased from 63 to 58. Discussions with the Economic Council and Attorney General are ongoing to reclaim islands from non-developing lessees. L. Hulhimendhoo has been allocated to the National University for development as a training resort.

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