The Blitzboks weren’t the only winners at the past weekend’s HSBC SVNS event when 75 000 people poured into Cape Town’s DHL Stadium over two days.
Mayoral Committee Member for Safety and Security in Cape Town JP Smith said, while demographic data is not yet available, historically 30% of people attending the event come from outside of Cape Town.
The event, first staged in Cape Town in 2015 (coincidentally the last time the Boks won at home), has grown to become a major sporting and tourism event in the Cape Town calendar. In its first year, the event contributed R539 million (€29m) to Cape Town’s gross domestic product, growing to R765 million (€ 41m) in 2017. This grew to R941 million (€ 50.6m) in 2019.
In 2019, the…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
