AGP Executive Report
Last update: 9 hours agoTourism Outlook: The IMF says tourism remains a key pillar for Maldives growth, but expects slower expansion in 2026 (around 1%) due to weaker tourism and higher energy costs, with a gradual recovery in 2027. Resort Recognition: Canareef Resort Maldives clinched Tripadvisor’s 2026 “Best of the Best” award, placing it among the top 1% of properties worldwide. Wellbeing Push: Mandara Spa marks 30 years, reflecting how Maldives wellness has shifted from occasional indulgence to a core, experience-led guest expectation. Luxury Positioning: Soneva is reframing its concept from “Barefoot Luxury” to “Bare Luxury,” focusing on “Just What Matters” and more flexible, guest-tailored service. Marine Restoration: Ventive Hospitality launched a 3D-printed reef restoration initiative at Anantara Dhigu Maldives to support coral regeneration and biodiversity. Connectivity Upgrade: Navier and JIH Global Investment plan a $100m Navier Network to deploy up to 100 electric hydrofoil boats, aiming to modernise resort-to-island travel. Industry Events: Visit Maldives Corporation appointed Event Maldives and Print Lab as official partners for the World Travel Awards Asia, Oceania & Indian Ocean 2026. Local Business & Safety: Maldives Police reported 36 scam cases last week, with losses of MVR 118,370.05, urging caution in online shopping.
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