Income in hospitality sector increases 4,2%

Posted On Tuesday, 22 June 2010 02:00 Published by
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Total income for the accommodation industry increased 4,2% year on year in April to R966,8m.

Total income for the accommodation industry increased 4,2% year on year in April to R966,8m, according to data from Statistics SA released yesterday.

TAFF REPORTER

These figures show that the accommodation industry is gaining momentum although the spin-offs of the Soccer World Cup will be known only at a later date.

Total income for the accommodation industry for the three months ended April increased 0,9% from the three months ended April last year.

Income from accommodation rose 0,5% from the three months ended April last year, mainly due to an increase of 4,6% in the average income per stay unit night sold during the same period.

A stay unit is the unit of accommodation available to be charged to guests, while a stay unit night is the total number of stay units occupied on each night during the survey period.

Another contributor to the 0,5% increase in income from accommodation for the quarter was “other accommodation”, which rose 11% and contributed 2,6 percentage points.

But the increase was partially counteracted by a decrease at hotels, which dropped 2,9%.

Statistics SA’s figures showed that the number of stay units sold for the three months ending in April decreased 3,9% compared with the three months ending in April last year. I-Net Bridge

Source: Business Day


Publisher: I-Net Bridge
Source: I-Net Bridge

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