Tourism accommodation income down 3.7% – Stats SA

Total income for the tourist accommodation industry, measured at current prices, decreased by 3.7% on a year-on-year basis in January, said Statistics South Africa on Monday.

The decrease was the result of a 2.4% decrease in the number of stay unit nights sold and a 1.4% drop in the average income per stay unit night sold. The types of accommodation that recorded the largest negative year-on-year growth in income were guest-houses and guest-farms as well as caravan parks and camping sites.

Income from accommodation decreased by 0.5% in the three months ended January compared with the same period in 2018. Guest-houses and guest-farms decreased by 20.8%, contributing a negative 1.6 percentage points to the overall number. Seasonally adjusted income from accommodation decreased by 1.5% on a month-on-month basis in January, with negative month-on-month growth rates recorded for hotels, among others.

Holiday Holiday Latest News, Holiday Holiday Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA set to lose ranking as no. 1 tourism destination on the continentSA is set to lose its ranking as the number one tourism destination on the continent.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

SA has largest travel and tourism sector in Africa, says global bodyNew research shows that the sector, which employs 1.5-million people, generated R426bn for the local economy in 2018
Source: BDliveSA - 🏆 12. / 63 Read more »

SA tourism under threat while Africa’s boomsThe country can lose its spot as Africa’s top travel destination as a report shows tourists from wealthy countries are down as much as 11%. Wonder why, when you can't keep the lights on tourist tend to look elsewhere. MagnusHeystek Thank you ANC🖕🖕🖕
Source: TheCitizen_News - 🏆 6. / 75 Read more »

The double-edged sword of safari tourismElephants were more likely to be aggressive towards other elephants in months when tourist numbers in the park were high, but tourism is a potentially powerful conservation tool.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Community fumes over deal to give away its land for 10% share in tourism ventureNewsletter| A rural community in Mpumalanga is fighting to stop an allegedly “dodgy” deal that may see it giving away its land worth R70 million for a mere 10% shareholding in a tourism venture outside Kruger National Park
Source: City_Press - 🏆 7. / 72 Read more »