AGP Executive Report
Last update: 7 hours agoTourism Growth: Maldives diving schools are leading the sector’s rebound, with revenue up 47.7% to $32.03m in Dec 2025–Feb 2026, while total tourism output tax rose 20.5% to $447m and overall arrivals climbed 11.6%. Resort Rebranding: Kandooma Maldives is set to start a new chapter from 1 Oct 2026, with HPL Hotels & Resorts taking over management as the Holiday Inn Resort Kandooma banner ends on 30 Sep 2026, alongside a phased “Next Chapter” upgrade. Banking & Payments: Bank of Maldives marked 45 years of service and is pushing an “invisible” payments future, while also expanding merchant financing—up to MVR 2m—with faster processing and automatic settlement deductions. Digital Connectivity: Dhiraagu is offering free fibre broadband upgrades for eligible customers for up to two months until 31 July 2026. Tourism Marketing: The Maldives is stepping up Japan-focused promotion after talks between the Maldivian ambassador and Japan’s travel agents group (JATA). Awards & Hospitality Standards: Milaidhoo Maldives earned Forbes Travel Guide’s VERIFIED™ Responsible Hospitality badge, and Crown & Champa Resorts picked up multiple Tripadvisor Travellers’ Choice honours.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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