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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

SA tourism income increases

8 December 2015 By Alan Straton

Total income for the tourist accommodation industry increased by 8.4% in October 2015 compared with October 2014 as measured in nominal terms, Statistics SA said on Monday.

Income from accommodation increased by 7.1% year-on-year in October 2015, the result of a 3.9% decrease in the number of stay unit nights sold and an 11.4% increase in the average income per stay unit night sold.

In October 2015, the types of accommodation that recorded the highest year-on-year growth rates in income from accommodation were guest-houses and guest-farms (12%) and “other” accommodation (9.4%).

The main contributors to the 7.1% year-on-year increase in income from accommodation in October 2015 were hotels (contributing 3.6 percentage points) and “other” accommodation (contributing 2.7 percentage points).

Income from accommodation increased by 7.4% in the three months ended October 2015 compared with the three months ended October 2014. The main contributors to this increase were hotels (5.7%) and “other” accommodation (9.4%).

In October the Tourism Business Index of the Tourism Business Council of South Africa (TBCSA) showed that insufficient overseas leisure demand was the greatest negative contributing factor to business performance for both the accommodation sector and other tourism businesses.

Input costs were also regarded by the business tourism industry as a big negative contributing factor.

Carin Smith, Fin24

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
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Filed Under: Business, Tourism Tagged With: accommodation, income

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