MATATO has asked the Maldives Inland Revenue Authority to clarify tourism revenue figures published by MATI, disputing claims that travel agents and tour operators generated only MVR 2.1 billion, or 2.6% of sector revenue, in 2024. MATATO says the numbers lack support on official MMA and MIRA platforms and may understate its members' combined turnover.
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
On February 11, 2025, MATATO formally sought clarification from the Maldives Inland Revenue Authority (MIRA), expressing deep concerns over the accuracy and potential repercussions of the data presented by MATI.
Word for word from the report in The Standard. Open the report
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
claim that in 2024, resorts dominated the tourism revenue with MVR 69.3 billion (USD 4.5 billion), accounting for 83.6% of the total.
Word for word from the report in The Standard. Open the report
travel agents and tour operators were reported to have generated a mere MVR 2.1 billion (USD 141.4 million), representing just 2.6% of the sector’s revenue.
Word for word from the report in The Standard. Open the report