Key regions: Singapore, India, Indonesia, Germany, Saudi Arabia
The Package Holidays market in Mauritius has been experiencing notable developments and trends in recent years.
Customer preferences: Travelers in Mauritius are increasingly seeking convenience and hassle-free vacation experiences, leading to a growing preference for package holidays. The all-inclusive nature of package holidays, which typically include flights, accommodation, meals, and activities, appeals to customers looking for a seamless travel solution. Additionally, the assurance of a pre-planned itinerary and the opportunity to explore multiple destinations within a single booking are driving factors for the popularity of package holidays among Mauritian tourists.
Trends in the market: One prominent trend in the Package Holidays market in Mauritius is the diversification of offerings to cater to different traveler segments. Tour operators and travel agencies are introducing specialized packages targeting various interests such as adventure tourism, eco-tourism, cultural experiences, and luxury getaways. This trend reflects the evolving preferences of Mauritian travelers who are seeking unique and personalized holiday experiences beyond traditional beach vacations. Moreover, the emergence of online booking platforms and digital travel agencies has made it easier for customers to compare packages, customize their trips, and make reservations conveniently, contributing to the overall growth of the market.
Local special circumstances: Mauritius, known for its stunning beaches, rich cultural heritage, and diverse landscapes, presents a unique setting for the Package Holidays market. The island's reputation as a premium tourist destination with a range of attractions and activities makes it an ideal location for package holidays. Tour operators in Mauritius leverage the country's natural beauty, favorable climate, and hospitality industry to curate attractive holiday packages that showcase the best of what the island has to offer. Additionally, the government's efforts to promote tourism through infrastructure development, marketing campaigns, and partnerships with industry stakeholders have further boosted the demand for package holidays in Mauritius.
Underlying macroeconomic factors: The stable economic growth, increasing disposable income, and growing middle-class population in Mauritius have contributed to the expansion of the Package Holidays market. As more individuals and families have the financial means to travel, there is a higher demand for convenient and cost-effective vacation options like package holidays. Furthermore, the government's focus on enhancing the tourism sector as a key driver of economic development has created a favorable environment for the growth of the travel industry, including the package holidays segment. These macroeconomic factors are expected to sustain the positive trajectory of the Package Holidays market in Mauritius in the foreseeable future.
Data coverage:
The data encompasses B2C enterprises. Figures are based on bookings, revenues, and sales channels of package holidays.Modeling approach:
Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, the Global Consumer Survey, third-party studies and reports, data from industry associations (e.g., UNWTO), and price data of major players in respective markets. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as country-related GDP, demographic data (e.g., population), tourism spending, consumer spending, internet penetration, and device penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, and exponential trend smoothing methods are applied. A k-means cluster analysis allows for the estimation of similar countries. The main drivers are tourism GDP per capita and respective price indices.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
