“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

The continent continued to attract new regional and global investment, whilst economic and political events, currency shifts and fluctuating tourism demand brought both risks and rewards to hotel markets across the region.

In a research study commissioned by Tongaat Hulett and conducted by GIW Consulting (Pty) Ltd, director Graham Wood says following an analysis of STR Global's independent metrics of the Umhlanga Hotel market, several interesting conclusions arose.

Sandton's bustling business hub is set for a major boost with the much-anticipated completion of Empire Executive Apartments and Hotel.

Sandton's bustling business hub is set for a major boost with the much-anticipated completion of Empire Executive Apartments and Hotel.

Monday, 24 March 2014 13:09

Hotels show signs of recovery from slump

SA hotel industry looks to be emerging from its post-Soccer World Cup slump‚ occupancy and room-rate figures for last year show.

Thursday, 18 August 2011 02:00

Weak economy hits Hospitality

Loan stock company Hospitality Property Fund yesterday reported a disappointing set of results for the year ended June, blaming an embattled hotel market, which is reeling from a weak economy

Please publish modules in offcanvas position.