Dear Valued Members of MATI,
Welcome to the 4th Quarter Issue, 2019 of the MATI Matters Newsletter.
As the year 2019 comes to an end, we must holistically reflect upon and analyse the various issues, challenges, successes and growth that our industry has achieved. This is vital so that our efforts to bring enhanced positive collective and sustained growth to the industry in 2020 can be realised.
I am delighted to note that we have yet again achieved a record number of arrivals in 2019 and hit the 1.7 mn mark. Nevertheless, I am seriously concerned regarding the decline in the yield per tourist and bed, the details of which you can find in the ‘’Key Statistics’’ section of this newsletter.
It is also worth noting that the Maldivian socio-economic climate is entering into a new era with the introduction of income tax and the proposed implementation of a minimum wage. I welcome these developments and advise all relevant stakeholders to fully comply with these regulations. Yes, there will be difficulties and challenges faced in the short-term, but these are aspects that will enrich our economy in the long-term.
MATI has been quite active this year with discussions being held with the government and relevant stakeholders on numerous important regulations relevant to the Tourism Industry. Furthermore, we have hosted training and programmes targeted towards industry personnel, craftsmen and collegiate as well as high school students.
We have responded to and addressed member concerns such as the change in commission structure of booking.com, the collapse of Thomas Cook PLC, environmental related issues as well as threat of strikes and disruptions in resorts such as JA Manafaru.
Note that a comprehensive review of the work we have done this year will be published in the Annual report to be released in time for the 30th AGM of MATI to be held on the 23rd of February 2020.
I wish to thank all of you for the support and contributions offered throughout this year and assure you that the team of MATI along with the Executive Board will be tireless in their efforts to serving and addressing your concerns and needs in the year ahead.
I wish you all a highly productive year ahead and look forward to meeting you all at our upcoming AGM.
Mr. Ahmed Nazeer
Secretary General of MATI