South Africa’s tourism businesses need to change their models
28 April 2021

Normality in the tourism industry is expected to return towards the end of 2022. With a large proportion of SA’s supply market geared towards international tourism, this market has suffered severely with the global closure of travel. Hotels recorded the largest y/y decline in income in February 2021, slumping by 78,1%. Total income for the tourist accommodation industry decreased by 72,7%.

 

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