Screen Shot 2016-03-21 at 16.30.07

Special Hotel Market Report, Issue 59: South Africa

By On 21st March 2016

Michelè De Witt of Horwath HTL South Africa has written the next in our series of market reports: “Politics and economic woes influence travel and tourism in South Africa”.

Often referred to as South Africa’s ‘new gold’, the South African travel and tourism sector has grown exponentially over the past two decades. The sector is estimated to have directly contributed approximately ZAR117.8 billion to the country’s economy and directly supported an estimated 705 500 jobs in 2015. However, following the political and economic events that unfolded at the end of 2015, travel and tourism in South Africa is anticipated to experience a difficult year ahead.

Click here to download Michele’s report

Follow us

Friend me on FacebookFollow me on TwitterFollow my company on LinkedIn

Copyright 2016 Horwath HTL Limited. All right reserved.

Crowe Horwath International is a leading international network of separate and independent accounting and consulting firms that may be licensed to use "Crowe," "Crowe Horwath" or "Horwath" in connection with the provision of accounting, auditing, tax, consulting or other professional services to their clients. Crowe Horwath International itself is a nonpracticing entity and does not provide professional services in its own right. Neither Crowe Horwath International nor any member is liable or responsible for the professional services performed by any other member.