Africa -  Mauritius

For a comprehensive review of the Africa market, click below:
HVS In-Depth Africa Hotel Valuation Index:   2021 | 2016 | 2015 | 2014

2017 was a record year in tourism arrivals for both Mauritius and Seychelles and it is expected to continue in the next few years thanks to strong marketing strategies, an increased accessibility and governments efforts to promote the destinations to new source markets.

Mauritius is a growing investment destination and was ranked by the World Bank as the most attractive destination in Africa for business and investors in 2017. Being the richest country in Africa thanks to a strong economy and stable government, Mauritius benefits from strong investors’ confidence. The new Business Facilitation Law, which facilitates investment and business developments, is part of the government’s effort to reposition the island as a gateway for investment between Asia and Africa.

Tourist arrivals in Mauritius reached 1.3 million in 2017 exceeding its population size. The increased air capacity boosted the demand from Europe. British Airways and KLM launched two weekly direct flights to Port Louis from Gatwick and Amsterdam respectively. In addition, South African Airways opened new routes from Johannesburg in early 2018. Sadly, the typhoons in the Caribbean Islands and the volcano eruption in Bali benefited the atoll. Values increased by 20.5% in 2017 owing to a 15% increase in ADR and the growth is expected to continue in 2018 (+10 %) and soften in 2019 and 2020.

 

Change In Value For Market:

Legend
Significant Value Increase: Greater than +10%
Moderate Value Increase: Between +3% and +10%
Stable Values: Between -3% and +3%
Moderate Value Decline: Between -3% and -10%
Significant Value Decline: More than -10%

For more information, please contact:

Rishabh Thapar, MRICS
Director
[email protected]
  • +27 0 792790584 (m)