The Tourism industry of Madagascar is well developed. There are opportunities for major players in the hospitality industry to build more resorts to take advantage of the increasing tourist numbers from the European continent and Asia. Some popular tourist destinations in Madagascar are Nosy Be, St Marie, Diego, Mahajanga, Tulear and Tamatave. Beach tourism and resort hotels are popular in the islands of Nosy Be and St Marie where as Tamatave supports business hotels.

Casinos are legalized in Madagascar and there are already several with both table games and slot machines. Diego-Suarez, Tamatave and Nosy Be are prime new locations for development of casinos with their proximity to the cruise ship ports and many international holiday makers.

Various established Golf courses already entertain local and overseas players and professionals in places such as Antsirabe, Foulpointe, Antananarivo and Nosy Be.