HOSPITALITY & PROPERTY INVESTMENT Comments Off on HOSPITALITY & PROPERTY INVESTMENT 1987

Are you looking or wanting to invest and operate an hospitality business in Mauritius?

Not sure what Hospitality & Property Development schemes are available for foreigners to invest in Mauritius? Well the executives at the Board of Investment (BOI) will be your first point of contact. When it comes to investing into an hospitality or property investment project and/or opening a business in Mauritius, the BOI will be able to guide you with all the required documents, necessary investment in terms of money and legal structures that are required for you to establish your hospitality business in Mauritius. Thank you to visit their portal simply click here.

LATEST SMART CITY & HOTELS PROJECT

JIN FEI – RICHE TERRE

Project: Smart City & Economic Zone

Promoter: Shanxi Investment Group (Mauritius Jinfei Economic Trade and Cooperation Zone Co Ltd-JFET) – China

Description: Mixed-use economic and cultural zone which will include a financial cluster, cultural center, 5-star hotel, shopping center, restaurants, reception & wedding hall, shops, gardens

Main contractor: China Construction Eight Engineering Division Corporation Ltd

Expected time of completion: 3rd semester, 2018 (Phase 1)

Total cost of project (all phases): ~ USD 900 million

Location: Riche Terre, Port Louis, Mauritius

ARE YOU LOOKING FOR A REAL ESTATE PROPERTY CONSULTANT IN MAURITIUS?

Thank you to contact our real estate partner www.Homes.mu for all your Hospitality & Property Investments in Mauritius.

Contact: S.Staub

Mobile + 230 57 94 64 37

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Mauritius B2B Hospitality magazine, a quarterly publication and blog for the industry professionals. Want to reach the hospitality decision makers in Mauritius/Rodrigues? Contact us +230 57 94 64 37 or [email protected]

MAURITIUS INTRODUCES PREMIUM TRAVEL VISA FOR LONG STAYS Comments Off on MAURITIUS INTRODUCES PREMIUM TRAVEL VISA FOR LONG STAYS 547

Mauritius, one of the most beautiful islands in the world, has introduced a Premium Travel Visa, valid for a period of one year, renewable, to welcome esteemed travellers seeking to prolong their feeling of wellness arising from the gorgeous turquoise blue sea with silky sand beaches, tropical lagoons, the lush greens, the warmth and friendliness of locals, all in a COVID-safe destination.

The experience of natural beauty and balanced lifestyle that could only be encountered on a rare holiday has now been made available under the Premium Travel Visa to any non-citizen who intends to stay in Mauritius for a maximum period of one year as a tourist, retiree or a professional willing to come with his/her family and carry out his business or work remotely from Mauritius.

To qualify for the Premium Visa, interested visitors should produce proof of their long stay plans and sufficient travel and health insurance for the initial period of stay while meeting the following criteria:

  • the applicants should not enter the Mauritius Labour Market;
  • the main place of business and source of income and profits should be outside Mauritius;
  • documentary evidence to support application such as purpose of visit, accommodation etc.; and
  • other basic immigration requirements.

An online platform for the e-Visa application will be available shortly.

We invite you to come and live with us in Mauritius.

Looking for a property to buy visit www.real-estate-mauritius.com

HOSPITALITY SENTIMENT SURVEY 2020 – DELOITTE Comments Off on HOSPITALITY SENTIMENT SURVEY 2020 – DELOITTE 541

The COVID-19 outbreak brought the world to a standstill, and the hospitality sector is one of the hardest hit economic sectors, mainly due to the introduction of travel restrictions. In Mauritius, the hospitality sector represents a fair share of the economy and one of many forecasts made about the impacts of the pandemic is a contraction of 20 percent, which will span over the next three to five years.

The sanitary crisis has also other unquantifiable impacts on the tourism sector including the loss of livelihoods of locals, loan repayment commitment of impacted businesses, low to no occupancy rates of hotels that may lead to temporary or permanent closure, and cash flow issues.

In the face of these hardships, the Government has come forward with certain supporting measures such as the extended Wage Assistance Scheme for tourism sector, prolonged loan moratoriums and low interest rates, the waiver of the rental payment of state lands for the upcoming financial year to tide over the liquidity issues. The Mauritius Investment Corporation (MIC) has also been set up to propose investments in eligible companies through different investment tools including both equity and quasi-equity instruments. 

The Deloitte Hospitality Survey report provides the market sentiment of the leaders from the major hotels, resorts, villas, and business hotels in Mauritius on the budgetary measures, the current challenges, key focus areas, and the way forward for hospitality industry in the current and post-COVID times. Whilst the report conveys what people shared during the survey, it also provides Deloitte’s point of view based on our global and industry expertise.

DOWNLOAD SURVEY – CLICK HERE.

Source – https://www2.deloitte.com/mu/en/pages/life-sciences-and-healthcare/articles/hospitality-sentiment-survey-covid19.html