Investing in Mauritius Property Investing in Mauritius Property | Page 18

TOURISM In the past thirty years, Mauritius has developed from a low-income economy based on agriculture to a middle- income diversified economy. Much of this economic growth has been the result of the expansion of the luxury tourism sector. Mauritius is one of Africa’s wealthier countries, and its economy is mainly dependent on the sugar, textiles, and tourism industries. As world sugar prices have declined and the production of textiles has become economically unfeasible, the tourist industry is being concentrated on. Tourist policy in Mauritius promotes elite and specialist tourism because of the limited space available for tourism and the need to maximise income while minimizing environmental impact. Low budget tourism in not encouraged. Preferring high-end tourism, the Mauritian government promotes boutique luxury hotels, 4 and 5 stars beach resorts, golf courses, and spas and beauty centres. Tourism is directed primarily at the high-spending European market. The Mauritian government encourages tourism for its ability to spread economic development along with reducing inequalities in income distribution by providing jobs. In other words, it raises the standard of living of the local people. As mentioned by Glasson et al., 1995, the government views tourism as a catalyst for national and regional development. Moreover, it brings employment, exchange of currency, balance of payments advantages and important development such as infrastructure benefiting locals and visitors alike. Tourism industry has been the largest as well the fastest industry of the world. Tourists are primarily European, mainly French and British. Mauritius tends to be a high cost tourist destination. Air travel and accommodation are relatively expensive. Most tourists are on package holidays; there is very little independent travel or backpacking. To promote up-market tourism, charter flights have been banned, the resort hotels have been built to high standards and there are high standards of cuisine and service. There are direct flights from Britain and South Africa.