India-Maldives dispute: Travel packages to the island nation drastically decrease

India-Maldives dispute: Travel packages to the island nation drastically decrease

India-Maldives dispute: Travel packages to the island nation drastically decrease

The Maldives has seen a 40% drop in reservations, which has caused costs for vacation packages to plunge, according to Indian tour providers. The demand for the well-liked vacation resort has decreased as a result of the continuing dispute between India and the Maldives.

Indian travel agencies have reported seeing a sharp fall in inquiries about the Maldives and have also witnessed a sharp decline in the cost of Maldives vacation packages due to a decline in demand. The controversy that started when three Maldivian politicians made “derogatory” remarks about Prime Minister Narendra Modi and his visit to Lakshadweep is now endangering the Maldives’ tourism industry.

Following the escalation of the dispute between India and the Maldives, MakeMyTrip recorded a staggering 3,400% increase in Lakshadweep inquiries on its website. However, according to many media reports citing travel agents, Indian tour companies have observed a 40% reduction in Maldives bookings.

Despite many long weekends in January, tour operators have reported a noteworthy reduction in inquiries and a big drop in rates for Maldives holiday packages, according to a Times of India story. The ToI research used Hyderabad as an example, where a three-day package that used to cost between ₹55,000 and ₹70,000 to travel to the Maldives now costs ₹45,000.

or even less!

The ToI report further stated that, instead of the prior average of ₹20,000, one-way airline tickets from here to Male now cost between ₹12,000 and ₹15,000.

The Indian Express analysed data from the Maldives’ tourism ministry and found that, in 2023, Indian citizens made up 11.2 percent of the island nation’s total tourist arrivals (18.42 lakh), with Russians coming in second with 11.1 percent.

Travel agencies have also stated that there haven’t been any cancellations despite a decrease in Indian inquiries regarding the Maldives.

EasyMyTrip, an Indian company for booking travel, had also declared that it was stopping airline reservations from India to the Maldives.

There are about 60 weekly flights between India and the Maldives, of which about 50 are operated by Indian carriers.There are currently flights between India and the Maldives operated by Vistara, Air India, Air India Express, and IndiGo.

However, despite the dispute between India and the Maldives, no Indian carrier has cancelled any flights.

Indians become the region’s top travellers in 2023, surpassing Chinese tourists, and by 2030, they will be the fourth highest travel spenders worldwide. A CNBC report states that $380 million in tourism to the Maldives was driven by India last year; if the #BoycottMaldives movement gains traction, this will result in significant losses.

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