Pages

Monday, August 20, 2012

SA tourism is booming

Total income for SA's accommodation industry increased by 13.4 percent in June this year compared with the same month last year‚ Statistics SA's (Stats SA) tourist accommodation survey released on Monday showed.

The 13.4 percent translated into R1.748bn in monetary terms.

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

Total income for the industry for the second quarter of this year rose by 11.2 percent compared with the same quarter last year‚ figures showed.

Total income includes income from hotels‚ caravan parks and camping sites‚ guest houses and guest farms‚ and "other" accommodation.

Stats SA said that income from accommodation for the second quarter of this year lifted by 14.3 percent compared with the second quarter of last year.

The main contributor to the 14.3 percent rise was hotels‚ which contributed 8.5 percentage points; followed by "other" accommodation‚ with a 3.7 percentage point contribution; and guest houses and guest farms‚ which contributed 1.9 percentage points.

There was a 17.6 percent increase in the income from accommodation in June this year compared to June last year‚ also mainly due to the contribution by hotels‚ "other" accommodation‚ and guest houses and guest farms.

The number of stay units available in June this year and stay unit nights sold also rose on an annual basis‚ Stats SA reported.

Total income for SA's accommodation industry increased by 13.4 percent in June this year compared with the same month last year‚ Statistics SA's (Stats SA) tourist accommodation survey released on Monday showed.

Source: http://business.iafrica.com/news/812000.html

No comments:

Post a Comment