Table of Contents
Includes 3 FREE quarterly updates
Key Updates And Forecasts
- Zimbabwe remains South Africa's largest inbound source market, accounting for around one in fivearrivals. Connections to South Africa's northern neighbour continue to improve. In January 2016 budgetairline fastjet it would launch flights from Johannesburg to Harare and Victoria Falls from February2016, cutting a road journey time of 20 hours to a flight time of one and half hours.
- The hotel and accommodation sector continues to attract investment, with a particular focus on the luxuryboutique hotel market. One of the new additions to the competitive landscape in 2016 is the LeeuCollection's luxury property Leeu Estates in Franschhoek. Global hotel group Marriott also has newhotels under development which will open during the forecast period
- We are currently forecasting relatively healthy growth in arrivals of 3.9% in 2016 to around 10.8mn, withfurther growth over the remainder of the forecast period leading to a total inbound arrivals figure of13.2mn in 2020. We caution, however, that new visa regulations which came into effect from June 2015could deter visitors from key affluent Western markets.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
Summary The global luxury hotels market registered strong growth in 2014, thanks to the expanding travel and tourism sector, rise in ultra-high-net-worth individuals (grew by more than 5,000 in 2014) and ...
Summary The report “Top Inbound Tourism Markets, Trips and Spending per Country To 2019” provides detailed information on the top inbound tourism markets globally. This report analyzes market data ...
Summary The report “Top Outbound Tourism Markets, Trips and Spending per Country To 2019” provides detailed information on the top outbound tourism markets globally. This report analyzes market data ...