Hospitality News Zambia

Subscribe

Advertise your job ad
    Search jobs

    March tourist accommodation income up 2.6%

    Total income for South Africa's tourist accommodation sector rose 2.6% year-on-year (y/y) in nominal terms (current prices) in March‚ Statistics South Africa's (Stats SA) tourist accommodation survey released showed.
    Short-stay accommodation levels were higher in March with income for hotels, guest farms and guest houses rising by 9.9% in the first quarter of the year. Image: 3Dmask
    Short-stay accommodation levels were higher in March with income for hotels, guest farms and guest houses rising by 9.9% in the first quarter of the year. Image: 3Dmask Fotolia

    The survey is conducted monthly and covers a sample of public and private enterprises involved in the short-stay accommodation sector‚ with the results used to compile estimates of tourism satellite accounts as well as the gross domestic product.

    Income from accommodation increased by 5.7% y/y mainly supported by a 0.5% increase in the number of stay-units that were occupied and a 5.1% increase in the average income per stay-unit night sold. Positive contributors to the 5.7% increase in income from accommodation were hotels‚ guest houses and guest farms.

    Stats SA describes a stay-unit as any unit of accommodation available to be charged out to guests. Examples include a hotel room or powered site in a caravan park.

    The types of accommodation that recorded positive y/y growth rates in income from accommodation were guest houses, guest farms‚ and hotels.

    Income from accommodation increased by 9.9% in the first quarter of this year compared with the same period last year‚ with the main contributors being hotels.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    Let's do Biz