Hospitality association, FEDHASA, and the Tourism Business Council of South Africa (TBCSA) are optimistic about the latest tourist accommodation statistics for February.
Statistics SA’s Preliminary Tourist Accommodation stats for February show that total income for the tourist accommodation industry, measured in nominal terms (current prices), increased by 11% in February compared with February last year.
Income from accommodation increased by 10.5% year-on-year in February, the result of a 4.9% increase in the number of stay unit nights sold and a 5.3% increase in the average income per stay unit night sold.
In February, the largest contributors to the 10.5% year-on-year increase in income from accommodation were:
- Hotels (9% and contributing 6 percentage points); and
- ‘Other’ accommodation (19.7% and contributing 5.3 percentage points).
Income from accommodation increased by 11.7% in the three months ended February compared with the three months ended February 2023. The…
