Tag: TourismEconomy
Parity vs proliferation – why short-term rental regulation is needed
Public debate often frames short-term rental (STR) regulation as a clash between “disruptors” and “dinosaurs”. However, the reality for South African hospitality is both simpler and more urgent. The City of Cape Town’s move to impose commercial property rates on STRs does not represent an attack on innovation. Instead, it addresses a problem that policymakers have ignored for far too long.
Accelerating localisation through hospitality
South Africa has a thriving and growing tourism market. It attracts local, regional and international tourists to our shores. Visitors come here because they want to experience something uniquely South African. They seek experiences that cannot be replicated anywhere else. Against this backdrop, hospitality emerges as a powerful catalyst for accelerating localisation.
Is SA hospitality’s ‘recovery’ hiding a deeper structural risk?
The headlines keep telling us that South Africa’s hotel sector is witnessing a strong recovery. This year, analysts estimated the market at $11.49 billion. They expect it to exceed $15 billion by 2030, at a CAGR of 6.37% between 2025 and 2030. However, anyone running a hotel locally knows these figures tell only part of the story. In reality, SA hospitality’s ‘recovery’ looks far more fragile on the ground.
