Gulhi, MV
Part of the Male market area
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Overview
Annual Rev
MVR245.8k
12 mo avg
↓26%
from prior 12 mo
Occupancy rate
25%
12 mo avg
↓8%
from prior 12 mo
Avg daily rate
MVR2,665
12 mo avg
↑1%
from prior 12 mo
Lead time
20 days
12 mo avg
↓4 days
from prior 12 mo
Revpar
MVR563
12 mo avg
↓30%
from prior 12 mo
Methodology note: Figures reflect Male market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Barbecue | — | +MVR 2,565,078 | — | — |
| Heating | 🔒 3• (••%) | 🔒 +MVR 9••••• (+•••%) | 🔒 MVR 1•••••• | 🔒 MVR 6••••• |
| TV | 🔒 9• (••%) | 🔒 +MVR 5••••• (+•••%) | 🔒 MVR 1•••••• | 🔒 MVR 4••••• |
| Parking | 🔒 5• (••%) | 🔒 +MVR 3••••• (+••%) | 🔒 MVR 1•••••• | 🔒 MVR 7••••• |
| Internet | 🔒 9• (••%) | 🔒 +MVR 2••••• (+••%) | 🔒 MVR 9••••• | 🔒 MVR 7••••• |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
2 bedrooms (13.7 nights)
4+ bedrooms (7.4 nights)
Studio (4.7 nights)
3 bedrooms (3.8 nights)
1 bedroom (3.7 nights)
Cleaning fee by bedroom
3 bedrooms (MVR 111)
2 bedrooms (MVR 28)
1 bedroom (MVR 10)
Studio (MVR 0)
4+ bedrooms (MVR 0)
Professional host share
Professionally managed (50%)
Independent hosts (50%)
Over the 12 months ending September 2026, the Male market averaged 680 active Airbnb and VRBO listings, up 24% from a year earlier and up 133% over two years.
An average Male listing earns MVR191K/year. High-performing listings earn MVR1.1M, while low-performing listings earn MVR48K.
Average occupancy in Male is 15%, producing RevPAR of MVR464 per available night.
2-bedroom listings generate the highest average annual revenue in Male, at MVR261K.
Rules vary across Male. Malé: Moderate. Guesthouse license required from Ministry of Tourism, safety/health standards. Registration enforced for legal properties. Most operate formally. Hulhumalé: Moderate. Similar guesthouse licensing as Malé, zoning restrictions apply. Growing market with increasing compliance checks. Maafushi: Lenient. Guesthouse registration required but enforcement relaxed on this tourist island. Many operate informally or semi-formally. High tolerance given tourism economy. Verify requirements for the property's jurisdiction.
The Male Airbnb and VRBO market shows signs of oversaturation. Supply has grown 24% year-over-year, while RevPAR has decreased 7%, suggesting supply is outpacing demand.
RevPAR is highest in December and January; it is lowest in June and August.
The most common amenities are Air Conditioning (100%), Internet (94%), TV (92%). The strongest positive revenue associations are Bbq (+661%), Heating (+147%), TV (+135%).
Average daily rate in Male is MVR4K, down 6% year-over-year. Rates peak in December and are lowest in August.
Guests in Male book an average of 21 days in advance, down 14% from last year. Booking windows range from 18 days for 3-bedroom listings to 34 days for 4+ bedroom listings.
Booking demand is highest on Friday and lowest on Monday. Nightly rates peak on Friday and are lowest on Monday. Weekend occupancy is 5% higher than weekday occupancy.