Naisoso Island presents numerous options for securing an investment property. For some time, tourism has been the fastest growing industry and the largest foreign exchange earner in Fiji. Now, with Fiji one of the target destinations of the post-pandemic world, there has never been a better time to explore your options for a world-class investment opportunity in the heart of the Pacific.
FIJI IS THRIVING POST-PANDEMIC
And the future looks even brighter:
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In July 2022 alone, Fiji visitor arrivals peaked at 78,638 (representing 82% of July 2019 figures).
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47% of those July 2022 visitor arrivals were from Australia.
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Of the 8,458 average rooms available in July 2022, 7,189 were sold, representing 85% occupancy.
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1 million visitor arrivals have been forecast for 2024. This is up from the previous all-time high of 849,389 visitor arrivals in 2018.
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By the end of 2024, Tourism Fiji’s target is to return to pre-Covid levels in terms of contribution to the economy – approx. 38% of GDP – creating an estimated FJ$3.37 billion estimated visitor spend and 118,000 direct and indirect jobs.
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A combined inventory of over 12,000 rooms – 90% of hotels – are open in Fiji.
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There are 421 licensed accommodation providers in Fiji.
- Source: https://www.export.gov/article?id=Fiji-Travel-and-Tourism
- Source: https://tradingeconomics.com/fiji/tourism-revenues
- Source: https://www.thehotelconversation.com.au/2019/09/16/tourism-fijicelebrates-another-year-record-visitor-arrivals/1568594156
- Source: https://mitt.gov.fj/wp-content/uploads/2019/04/FT2021.pdf (Page 13, 1.2 Vision)