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South Africa Tourism Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 31 pages

Includes 3 FREE quarterly updates

BMI View: South Africa possesses the most developed tourism market in Sub Saharan Africa. With arelatively developed transport infrastructure, areas of natural beauty, safari parks and city destinations, thecountry presents a strong proposition to tourists. The country is a regional economic powerhouse, andbenefits from business travel because of this. An emerging middle class is being encouraged to travelinternally, boosting the domestic market, although slowing economic growth is a danger. A low randencourages international travel, but long term may affect government investment.

Key Updates And Forecasts

- Best Western Hotels has announced a signing agreement with domestic group Orion Hotels. Multiphased,by the end of Q1 2017 all Orion properties will be under the Best Western brand, although stillmanaged by Orion. Total inbound arrivals are set to increase by 5.7% in 2016 following a disappointing2015. Reaching 11.6mn arrivals in total by the end of the year, the relaxing of stringent visa requirementsand the low value of the rand are boosting entry into the country.

- Jacob Zuma, the South African president, has announced a new 100mn rand fund to promote domestictourism. In his state of the nation address he also reaffirmed his commitment to promoting inboundtourism.

Table Of Contents

South Africa Tourism Report Q3 2016
BMI Industry View 5
Table: Key Forecasts (South Africa 2013-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (South Africa 2013-2020) 13
Table: Tourism Receipts (South Africa 2013-2020) 15
Table: Hotel Accommodation (South Africa 2013-2020) 18
Table: Tourist Departures and Consumption (South Africa 2013-2020) 19
Industry Risk/Reward Ratings 20
Industry Risk/Reward Index 20
Table: Sub-Saharan Africa Tourism Risk/Reward Index 20
Rewards 21
Risks 21
Market Overview 23
Competitive Landscape 26
Domestic Hotel Groups 26
Table: Domestic Hotel Groups 26
International Hotel Groups 27
Table: International Hotel Groups 27
Methodology 28
Industry Forecast Methodology 28
Risk/Reward Index Methodology 29
Table: Weighting Of Indicators 31

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