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the Accommodation Industry
South Africa’s accommodation industry is highly seasonal and its success is dependent on the economic well-being of local and international tourists. Income from accommodation (excluding restaurant and bar sales and other income) stayed flat in 2018 at R24.96bn compared to R24.97bn in 2017. The number of available units in December 2018 decreased across all types of accommodation compared to 2017. The sector has the potential to be a major contributor to the economy and enterprise development, especially among women and youth.
Constraints and Challenges
South Africa’s domestic tourism industry remains the driver of the country’s tourism sector, sustaining most of the facilities and services, especially in the accommodation sector. The main challenges faced by the sector include the drought, which affected tourism to the Western Cape in particular, and visa regulations for minors entering the country, which affected international arrival numbers. The personal safety and security of tourists is one of the biggest obstacles to inbound tourism while the quality of infrastructure and unreliable electricity and water supply affects tourism growth. The growth of Airbnb has significantly changed the face of the accommodation sector.
This report focuses on tourism accommodation which includes hotels, caravan parks and camping sites, guest houses and guest farms, bed and breakfast, lodges and self-catering establishments. The report describes the size and state of the industry and the factors influencing its success. There are comprehensive profiles of 24 companies in the sector including those listed on the Johannesburg Stock Exchange such as City Lodge Hotels, Sun International, Tsogo Sun Holdings and Wilderness Holdings as well as a number of international companies operating in South Africa such as InterContinental Hotels and Marriott International.