19 mars 2024

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Tourism Industry Report

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Swan Capital Solutions on the 18th May 2023 issued a Macro research on the Mauritian Tourism Industry stating that arrivals in Mauritius recovered at a rate of 72.09% compared to 2019 benchmark and is expected to recover between 90 and 95% of the pre-pandemic levels in 2023.

The market is expected to benefit from the strong recovery from the European market along new markets such as the Middle East, whose contribution to the total arrivals is expected to increase.

Arrivals from East and South Asia to the Indian Ocean Region have registered the fastest rate of growth between 2009 and 2019. Unfortunately, the share of arrivals these regions share in total arrivals in Mauritius has been on a declining trend.

The Global Inbound tourist arrivals have increased at a steady rate of 4.3% over the past two decades, with only two periods of slowdown in arrivals, namely 2004 and 2009. While 2004 slowdown was caused geopolitical conflicts (Iraq war) and SARS outbreak, the 2009 slowdown was caused by the global financial crisis.

Macro Research - Tourism Industry

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