Sey­chelles

Tourism Tattler - - BUSINESS & FINANCE - For de­tailed anal­y­sis visit http://hvi.hvs.com/mar­ket/africa/Sey­chelles

With blue wa­ters and won­der­ful cli­mate, the Sey­chelles is one of the dream tourist des­ti­na­tions on the In­dian Ocean. Sey­chelles has seen much po­lit­i­cal tur­moil af­ter it earned its in­de­pen­dence from Bri­tain. How­ever, since a po­lit­i­cal coup d'état took place in the mid 1980s, the coun­try has not looked back.

Sey­chelles has won a tourism at­trac­tion award, the Most Scenic Hol­i­day award at the In­ter­na­tional Travel Expo (ITE). Be­sides mar­ket­ing ag­gres­sively in the In­dian Ocean coun­tries such as In­dia, Dubai, UAE and many oth­ers, Sey­chelles is achiev­ing suc­cess in such west­ern coun­tries as Brazil and oth­ers in South America.

Ho­tel trad­ing per­for­mance in 2015 was en­cour­ag­ing with sta­ble oc­cu­pancy and growth in RevPAR. This, de­spite the is­lands hav­ing to se­cure new sources of busi­ness in re­cent years and now fo­cus­ing more on the Asian mar­kets. HNN has shared the en­cour­ag­ing view that “Chi­nese trav­el­ers are ar­riv­ing in larger num­bers; the island en­joys some of the high­est room rates in the world; more than 2% of ar­rivals come via pri­vate plane”

The Sey­chelles ho­tel in­dus­try has seen an in­crease in ho­tel val­ues of 4.6% in 2015. 2016 was a good year for the Sey­chelles ho­tel in­dus­try; val­ues grew by 8.2% ow­ing to a 5% growth in demand and a 3% growth in rates.

The ar­chi­pel­ago re­mains a lux­ury des­ti­na­tion that has been able to re-in­vent it­self and open up to new source mar­kets along the path. It will def­i­nitely ben­e­fit from the eco­nomic growth of Sub-Sa­ha­ran coun­tries. The value per room will reach its peak since 2011, at US$538,000.

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