Gulhi, MV
Part of the Male market area
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Annual revenue (actual)
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
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
Shows how specific amenities impact revenue. Beware false correlation i.e. more expensive properties tend to have pools or views.
| 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
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
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.
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