South Africa Hotel Industry Poised for Growth

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Tourism Deputy Minister Elizabeth Thabethe has said the hotel industry in South Africa is poised for growth.

Speaking at the Hotel Show held in Johannesburg recently, Deputy Minister Thabethe said according to the 2016 hospitality report by Price Waterhouse Coopers, the number of available hotel rooms will rise at a 0.8% compound annual rate to 63,700 in 2020, from 61,100 in 2015.

The report projects that bed-night stays will increase at a 1.9 percent compound annual rate to 14.6 million in 2020, from 13.3 million in 2015.

Overall hotel room revenue is expected to expand at a 7.8% annual rate to R20.6 billion in 2020, from R14.2 billion in 2015.

Deputy Minister Thabethe said South Africa now has 118,869 star graded rooms across approximately 5354 accommodation establishments, including hotels, lodges and B&Bs. “We are confident that there is potential for even further growth in tourism in our country,” she added.

When it comes to business events, she explained that African destinations are fast earning their rightful place as host destinations. “African destinations offer the world exceptional, unfiltered, life-inspiring authentic experiences. From our history and heritage to the wildlife and natural beauty – Africa never fails to create a lasting impression on travellers from across the globe.”

In 2010, South Africa proved naysayers wrong and earned its stripes and successfully hosted the World Cup which was a first for the African continent. “The great experiences that the soccer fans and visitors had during that time have converted them to regular tourists to our country. We must make every effort to continue hosting shows like this in South Africa,” she concluded.

 

 

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