At a Glance
- New Mauritius Hotels reports $36 million profit despite higher costs and new government levies.
- Assets climb to $974.77 million as revenue grows 9% on strong tourist arrivals.
- Dividend declared at MUR0.4 per share as bookings remain solid through 2025.
New Mauritius Hotels Limited, the parent company of the Beachcomber Resorts & Hotels brand and one of Mauritius’s largest hospitality groups, posted a profit after tax of MUR1.63 billion ($35.96 million) for the nine months ended March 31, 2025.
The result reflects solid revenue growth despite rising operating costs and new government levies that have narrowed margins.
The group’s total assets increased to MUR44.16 billion ($974.77 million), up from MUR43.6 billion ($962.12 million) at the end of June 2024.
Liabilities stood at MUR20.49 billion ($452.09 million), while shareholders’ equity climbed to MUR12.44 billion ($274.47 million), reinforcing the company’s balance sheet and ability to finance new projects.
Revenue growth supports balance sheet
Revenue rose 9 percent to MUR12.86 billion ($283.73 million) during the nine months, helped by steady tourist arrivals and strong occupancy across its Beachcomber resorts.
Still, profit after tax slipped from MUR1.9 billion ($41.92 million) in the same period a year earlier as inflation, higher staff costs, and the newly introduced Corporate Climate Responsibility Levy weighed on earnings.
Shore Africa also profiled that earnings before interest, tax, depreciation, and amortization reached MUR3.89 billion ($85.81 million), slightly below last year’s level. The group, however, maintained firm cash generation, reporting net operating cash flows of MUR3.68 billion ($81.18 million).
New Mauritius Hotels invested MUR1.23 billion ($27.13 million) in capital projects during the period, focusing mainly on resort refurbishments and digital upgrades aimed at improving guest experience and operational efficiency.
Dividend and management outlook
In line with its shareholder return policy, the company declared a final dividend of MUR 0.4 per share, payable around June 26, 2025.
Management said forward bookings remain healthy through December 2025 and expects full-year revenue to surpass MUR16 billion ($352.98 million). Profitability, however, is likely to soften as wage adjustments and compliance costs continue to pressure margins.
Executives said cost control, digital transformation, and productivity improvements remain key priorities. These efforts, they added, should help offset inflation and support the group’s long-term resilience.
A steady hand in Mauritian hospitality
Founded in 1952, New Mauritius Hotels has grown into the island’s leading hospitality group, operating some of its most recognizable beachfront properties, including Royal Palm, Dinarobin, and Trou aux Biches under the Beachcomber banner.
The brand’s reputation for service and prime locations has helped sustain its appeal amid a broader recovery in global travel.
Even so, management remains cautious about inflation, currency fluctuations, and slower demand from European markets—key risks that could affect near-term performance.
Still, with close to $1 billion in assets, a strong balance sheet, and consistent cash flow, New Mauritius Hotels appears well-positioned to maintain its leadership in Mauritius’s tourism industry while advancing its modernization and sustainability plans.
