Male
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Overview
Annual Rev
MVR261.3k
12 mo avg
↓28%
from prior 12 mo
Occupancy rate
🔒 2•%
12 mo avg
••.•%
from prior 12 mo
Avg daily rate
🔒 MVR2•••
12 mo avg
••.•%
from prior 12 mo
Lead time
19 days
12 mo avg
↓7 days
from prior 12 mo
Revpar
MVR554
12 mo avg
↓37%
from prior 12 mo
Methodology note: Figures reflect Male market data as of June 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 |
|---|---|---|---|---|
| Pool | 27 (29%) | +MVR 2,039,851 (+475%) | MVR 2,469,013 | MVR 429,162 |
| 🔒 Amenity | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $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
4+ bedrooms (9.3 nights)
3 bedrooms (4.5 nights)
1 bedroom (3.6 nights)
2 bedrooms (3.6 nights)
Cleaning fee by bedroom
2 bedrooms (MVR 28)
1 bedroom (MVR 10)
3 bedrooms (MVR 0)
4+ bedrooms (MVR 0)
Professional host share
Professionally managed (73%)
Independent hosts (27%)
As of June 2026, Malé, Hulhumalé, Maafushi have 609 active Airbnb and VRBO listings. This represents a 17% increase from the previous year.
The average Airbnb or VRBO in Male generates MVR215K per year. High-performing properties earn MVR1.4M/year, while low-performing properties earn MVR44K/year. Supply growth of 17% YoY coupled with declining revenue signals intensifying competition, while the 6.5x gap between high and average performers indicates significant market segmentation where property differentiation substantially impacts returns in a constrained 14% occupancy environment.
Airbnb and VRBO can be profitable in Male. Average annual revenue is MVR215K with 14% occupancy. High-performing properties earn up to MVR1.4M/year. Supply growth of 17% YoY outpaces flat revenue trends, intensifying competition and widening the performance gap between top and average listings—indicating market consolidation where differentiation increasingly determines outcomes.
The average occupancy rate for Airbnbs and VRBOs in Male is 14%. This occupancy level, combined with an average nightly rate of MVR5K, results in a RevPAR (revenue per available room) of MVR494 per day.
2-bedroom properties demonstrate the strongest performance in Male, with annual revenue of MVR325K. These properties balance operating costs and rental demand most effectively in the Male market. Property performance varies significantly by location, amenities, and management quality.
Short-term rental regulations vary by jurisdiction in the Male area. Malé: Moderate. Tourism Ministry registration required, business license needed. Standard enforcement through ministry oversight. Hulhumalé: Moderate. Guest house registration mandatory, HDC approval required. Moderate enforcement by Housing Development Corporation. Maafushi: Lenient. Guest house permit required but widely available. Light enforcement, many informal operations exist alongside registered properties. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.
The Male Airbnb and VRBO market is currently showing oversaturated conditions. Supply has grown 17% year-over-year, while RevPAR has decreased 8%. This indicates supply growth outpacing demand, pressuring returns. The 14% occupancy rate reflects intense competition, while the significant gap between average revenue ($214,965) and top performers ($1.4M) suggests market bifurcation—only differentiated properties are capturing disproportionate share.
Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is 52% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (September-May) when gaining traction is harder.
The most common amenities in Male listings include: Air Conditioning (100%), Tv (80%), Washing Machine (75%), Kitchen (74%), Elevator (55%). Amenities that boost revenue the most include Pool, with Pool properties earning approximately 415% more (MVR2.5M/year vs MVR486K/year).
Monthly estimated revenue per listing in Male over the last 12 months: May: MVR7K, June: MVR8K, July: MVR14K, August: MVR11K, September: MVR9K, October: MVR13K, November: MVR13K, December: MVR34K, January: MVR24K, February: MVR20K, March: MVR18K, April: MVR10K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.
The overall average nightly rate in Male is MVR5K, up 22% year-over-year. By property size: 1-bedroom properties average MVR5K/night, 2-bedroom properties average MVR5K/night, 3-bedroom properties average MVR4K/night, 4+ bedroom properties average MVR3K/night. Rates peak in December and are lowest in June.
Guests in Male book an average of 22 days in advance, down 17% from last year. By property size: 1-bedroom: 21 days, 2-bedroom: 21 days, 3-bedroom: 19 days, 4+ bedroom: 27 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.
Over the past year, the Male Airbnb and VRBO market has seen the following changes: supply grew 17%, revenue per listing decreased 8%, occupancy fell 36%, average nightly rates increased 22%, and lead time decreased 17%. The combination of rising supply, falling occupancy, and shortened booking windows signals intensifying competition despite rate increases, while the substantial gap between average ($214,965) and top-performing listings ($1.39M) suggests performance is increasingly concentrated among differentiated properties.
In Male, Friday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Thursday.