| Past 7 days | Avg. age | Avg. budget | Avg. booking window |
| Australia | 28 | $4,578 | 23 |
| China | 28 | $4,550 | 23 |
| France | 27 | $5,621 | 22 |
| Germany | 27 | $5,239 | 23 |
| India | 28 | $3,312 | 22 |
| Italy | 28 | $3,992 | 22 |
| Japan | 27 | $5,435 | 22 |
| Russia | 27 | $3,776 | 22 |
| Singapore | 27 | $4,922 | 23 |
| South Korea | 28 | $3,778 | 22 |
| Spain | 28 | $3,861 | 22 |
| UAE | 28 | $5,202 | 23 |
| UK | 28 | $5,426 | 23 |
| US | 28 | $9,991 | 22 |
| Grand Total | 28 | $5,015 | 22 |
| Week before | Avg. age | Avg. budget | Avg. booking window |
| Australia | 35 | $5,324 | 79 |
| China | 36 | $5,290 | 83 |
| France | 36 | $6,749 | 79 |
| Germany | 35 | $6,118 | 82 |
| India | 36 | $3,803 | 78 |
| Italy | 35 | $4,355 | 85 |
| Japan | 35 | $6,248 | 81 |
| Russia | 35 | $4,288 | 74 |
| Singapore | 36 | $5,802 | 93 |
| South Korea | 35 | $4,314 | 78 |
| Spain | 35 | $4,538 | 78 |
| UAE | 36 | $6,224 | 84 |
| UK | 36 | $6,249 | 79 |
| US | 35 | $11,762 | 78 |
| Grand Total | 35 | $5,814 | 81 |
Analysis period: 26-Apr-2023 to 3-May-2023
In this comparative analysis, we will explore the inbound travel trends to the Maldives based on the data from the past week and the previous seven days. This analysis will provide valuable insights into the changes in traveler behavior, budget, age, and booking window from key markets, such as Australia, China, France, Germany, India, Italy, Japan, Russia, Singapore, South Korea, Spain, UAE, UK, and the US.
Market Trends: Age, Budget, and Booking Window
The average age, budget, and booking window for most markets traveling to the Maldives decreased significantly from the previous seven days. The Grand Total average age decreased by 8 years, with the biggest decrease seen in France, with a 9-year decrease. The Grand Total average budget also decreased by $798, with significant decreases in most markets, especially in France, with a $1,128 decrease. The booking window decreased by 58 days.
Changes in Travel Trends: Australia, China, and France
Australia, China, and France all had significant decreases in the average budget and booking window, with Australia having the biggest decrease in budget, with a $746 decrease, and China having the biggest decrease in booking window, with a 60-day decrease. France had the most significant decreases in both budget and booking window, with a $1,128 decrease in budget and a 56-day decrease in booking window.
Germany, India, Italy, Japan, Russia, Singapore, South Korea, Spain, UAE, UK, and the US
Most of the markets saw significant decreases in budget and booking window, with some markets having a decrease in age as well. Germany had a $879 decrease in budget and a 60-day decrease in booking window. India had a $491 decrease in budget and a 56-day decrease in booking window. Italy had a $362 decrease in budget and a 63-day decrease in booking window. Japan had a $813 decrease in budget and a 59-day decrease in booking window. Russia had a $513 decrease in budget and a 51-day decrease in booking window. Singapore had an $880 decrease in budget and a 70-day decrease in booking window. South Korea had a $536 decrease in budget and a 56-day decrease in booking window. Spain had a $677 decrease in budget and a 56-day decrease in booking window. UAE had a $1,023 decrease in budget and a 61-day decrease in booking window. Finally, the US had a $1,771 decrease in budget and a 56-day decrease in booking window.
Conclusion: Maldives Inbound Travel Forecast and Tourism Trends
Based on the data from the past week and the previous seven days, we can see a general trend of decreasing budgets and booking windows among key markets traveling to the Maldives. The changes in average age were significant, with an 8-year decrease in the Grand Total average age. These changes could be due to a variety of factors, such as seasonal changes, economic situations, and other market trends.
To stay ahead of the competition and adapt to changing travel trends, hotels and resorts in the Maldives must stay informed and flexible in their marketing and revenue management strategies. By analyzing these travel market insights and using them to their advantage, businesses in the tourism industry can thrive and capitalize on the growing tourism boom in this beautiful destination.