Maafushi is one of the islands in Maldives with a thriving local economy. While more than sixty families benefit directly from fishing, tourism industry has taken a new turn since 2010. With the government regulation allowing opening of Guest Houses in local islands, Maafushi was the first to secure an investment in tourism accommodation.
There are more than 20 guest houses in Maafushi as at December 2013, and it is the only local inhabited island with most number of guest houses and guest beds in the country. The guest houses provide the island with direct employment, and many other indirect economic benefits to almost every family in the island. Most guest houses are funded by direct investments by local residents of the island. However, recently there have been investments by businessmen in Male’ and elsewhere.