Category Archives: Tourism

Tourism: employment, economy and foreign income

Tourism: employment, economy and foreign income

Much has been said about the importance of tourism, particularly of its role in economic growth, employment and attracting foreign exchange. The latest Tourism Satellite Account for South Africa report provides indicators of tourism’s role in these three spheres. Time series for much of the data are now available (10 years).   Tourism as a   read more »


Hotel occupancy falls, but income from accommodation is up

Hotel occupancy falls, but income from accommodation is up

Hotel occupancy fell to 48,2% in June 2015, according to preliminary figures in Stats SA’s latest Tourist accommodation release. The hotel occupancy rate followed a seasonal pattern by falling in June after peaking in both October (62,4%) and February (60,6%)1. However, hotels had proportionally fewer rooms filled in June compared with the same month in   read more »


An economic look at the tourism industry

An economic look at the tourism industry

The tourism industry continues to play an important role in the South African economy. The latest Tourism Satellite Account for South Africa report provides an overview of tourism’s contribution in terms of spending, employment and its impact on the gross domestic product (GDP). Tourism direct GDP was R103,6 billion in 2013, rising from R93,5 billion   read more »