The Hospitality and Property Development sector has a huge potential for development as evidenced by the significant number of projects submitted to the Board of Investment.  The world leading property developers are building out-of-the-world residential properties on the island. Presently, investment exceeding USD 2.5 billion is being committed for the development of 3,500 high end luxury villas.
Major real estate developers from UK, France, South Africa and Singapore have already shown firm interest to invest in the property market in Mauritius.
Mauritius is home to world class international hotels such as Hilton, Maritim, Meridien, Accor, Oberoi, Taj, Movenpick, Four Seasons, Club Med and One & One Only among others.

Key facts

Hospitality Sector

• The Government has as objective to attract 2 million tourists by year 2015
• The Central Statistics Office has revised its earlier forecast of 875,000 tourist arrivals (+11.0%) for the year 2007. The figure has now been revised to upwards of 900,000 (+14.2%).
• According to the Bank of Mauritius, tourism receipts for the year 2007 will be around Rs 38,840 million (+21.6%) compared to Rs 31,942 million in 2006.
  
  

Sources: Central Statistics Office and Bank of Mauritius