{"id":1786,"date":"2009-11-16T17:34:27","date_gmt":"2009-11-16T15:34:27","guid":{"rendered":"http:\/\/www.turizmtatilseyahat.com\/en\/?p=1786"},"modified":"2009-11-16T17:34:27","modified_gmt":"2009-11-16T15:34:27","slug":"mauritius-sun-resorts","status":"publish","type":"post","link":"https:\/\/www.turizmtatilseyahat.com\/en\/mauritius-sun-resorts\/","title":{"rendered":"Mauritius&#8217; Sun Resorts says tourism outlook tough"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/11\/mauritius-sun-resorts.jpg\"><img decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1787\" title=\"Mauritius Sun Resorts\" src=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/11\/mauritius-sun-resorts-280x220.jpg\" alt=\"Mauritius Sun Resorts\" width=\"280\" height=\"220\" \/><\/a>Mauritian luxury hotel group Sun Resorts Limited SUNR.MZ said intense competition in the the palm-fringed island&#8217;s key tourism industry was forcing operators to cut prices, and the outlook was tough.<\/strong><\/p>\n<p>The group, which owns four hotels including a five-star complex, on Monday reported third-quarter revenue that fell 7.7 percent year on year to 611.4 million rupees ($20.5 million) and a net loss that narrowed 8.3 percent to 105 million rupees, sending its shares sharply lower.<\/p>\n<p>The global economic downturn has dented growth in one of Africa&#8217;s traditionally most stable and prosperous economies, where tourism typically generates about 10 percent of gross domestic product and European tourists account for some two thirds of arrivals.<\/p>\n<p>Competitor Naiade Resorts NRL.MZ last month saw nine months net losses balloon to 357.8 million rupees from 29.3 million and also warned of uncertain times ahead.<\/p>\n<p>&#8220;The third quarter was still impacted by the economic climate prevailing in our source markets,&#8221; Sun Resorts said in a statement. &#8220;Thus, both occupancy and rates were under pressure as the market was flooded with promotional packages to achieve volume.<\/p>\n<!-- Either there are no banners, they are disabled or none qualified for this location! -->\n","protected":false},"excerpt":{"rendered":"<p>Mauritian luxury hotel group Sun Resorts Limited SUNR.MZ said intense competition in the the palm-fringed island&#8217;s key tourism industry was forcing operators to cut prices, and the outlook was tough.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1786","post","type-post","status-publish","format-standard","hentry","category-tourism"],"_links":{"self":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/comments?post=1786"}],"version-history":[{"count":0,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1786\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/media?parent=1786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/categories?post=1786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/tags?post=1786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}