Tag: tourism
Regulating Airbnb encourages anti-competitive behaviour
The Tourism Business Council of SA (TBCSA) has called on government to regulate Airbnb in South Africa. TBCSA claims that Airbnb is threatening the viability of conventional lodging providers such as hotels and could lead to job losses.
Tourism from BRICs building SA economy
The BRIC (Brazil, Russia, India and China) nations have made significant inroads in South Africa’s tourism industry, which in turn has also generated business and economic growth.
REPORT | Africa’s hotel sector offers potential for further growth
Africa’s hotel sector has the potential for further growth over the next five years. An increase in the number of foreign and domestic travellers, as well as an expansion in a number of hotel chains on the continent reinforces the hotel sector’s untapped potential for business growth.
Blue sky for Open Skies?
Israel approved the ‘Open Skies’ agreement with the European Union in 2013. The goals were to increase the number of foreign airlines operating in the country, expand the number of routes served, lower fares and stimulate tourism. An Open Skies setup makes it easier for airlines to negotiate their own terms for operation with their intended partner/particular airport.
Tourism lessons from the Cape water crisis
South Africa can at times can be a very reactive country, meaning we seem to wake up very late on critical issues. Over many years we have been hearing about the scarce resource that is water. However, we have waited until water restrictions in the Western Cape are at level six before making impactful changes.
Developing smart cities for African tourism
Over the last eight years, travel and tourism has grown by 17.3% in the top ten fastest-growing global destinations. This rate speaks to the rapid growth of tourism and how the industry, and an increasing priority for countries seeking for new growth opportunities. In emerging markets tourism grew from 30% in 1980 to 45% in 2015 and is expected to reach 57% by 2030.
WEATHERING THE TOUGH TIMES AHEAD
According to National Treasury, the GDP growth rate is forecasted at an estimated 1.3% for 2017. The outlook points to a tough year ahead...
SA TOURISM HOSTS OPPORTUNITIES AND CHALLENGES
Tourism is one of the best performing sectors in South Africa’s economy with its strong competitive advantage, the favourable exchange rate and the global growth...
