The Maldivian government has collected MVR 1.1 billion in land rent from resorts as of July 16, according to the latest fiscal statistics. This figure represents a significant growth in state revenue compared to the previous year.

Data published in the Ministry of Finance’s Weekly Fiscal Development Report indicates that the MVR 1.1 billion collected marks an 8.4% increase over the MVR 1 billion recorded during the same period last year. The surge in revenue is attributed to the steady performance of the tourism sector and consistent lease payments.

Statistics from the Ministry of Tourism reveal that there are currently 185 resorts established in the Maldives, with 179 of these properties actively in operation. The total operational capacity across the industry now stands at 68,282 beds.

The tourism industry continues to show robust growth, with total arrivals reaching 1,229,419 by July 27. Notably, 72.9% of these visitors—amounting to 877,914 tourists—opted for resort accommodations, further bolstering the economic impact of the resort sector on the national treasury.