Danube Home signs franchise partnership with Hyvec group to enter Mauritius market

Danube Home signs franchise partnership with Hyvec group to enter Mauritius market

Dubai, United Arab Emirates

Danube Home International, the global franchise division of interior decor and home improvement division of Danube Group, today signed a master franchise agreement with Hyvec Group, a major business group based in Mauritius, to expand Danube Home in the Republic of Mauritius - a great tourism destination in the Indian Ocean.

Mauritius is an archipelago of islands in the Southern Indian Ocean, around 900 kilometres east of Madagascar. The archipelago host 1.37 million people - mostly living in the 1,864 square kilometres main island of Mauritius. However, the island attracts more than 1.3 million tourists annually - making it one of the most popular tourism destinations in the Indian Ocean.

Hyvec Group plans to open three franchise stores in the next one year in Mauritius – including a large-format showroom spreading across 50,000 square feet - that will not only cater to residents by tourists as well. The first showroom is expected to be opened in November this year.

The expansion of Danube Home into Mauritius market comes as the total value of th global home decor market grows at a compound annual growth rate of 3.9 percent to USD 838.6 billion in 2027 from USD 616.6 billion in 2019,