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.