South Africa Tourism Report Q3 2016: New research report available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Jun 15 2016


South Africa possesses the most developed tourism market in Sub Saharan Africa. With a relatively developed transport infrastructure, areas of natural beauty, safari parks and city destinations, the country presents a strong proposition to tourists. The country is a regional economic powerhouse, and benefits from business travel because of this. An emerging middle class is being encouraged to travel internally, boosting the domestic market, although slowing economic growth is a danger. A low rand encourages international travel, but long term may affect government investment.

Key Updates And Forecasts

Best Western Hotels has announced a signing agreement with domestic group Orion Hotels. Multi-phased, by the end of Q1 2017 all Orion properties will be under the Best Western brand, although still managed by Orion. Total inbound arrivals are set to increase by 5.7% in 2016 following a disappointing 2015. Reaching 11.6mn arrivals in total by the end of the year, the relaxing of stringent visa requirements and the low value of the rand are boosting entry into the country.

Full Report Details at
- http://www.fastmr.com/prod/1182946_south_africa_tourism_report.aspx?afid=301

Jacob Zuma, the South African president, has announced a new 100mn rand fund to promote domestic tourism. In his state of the nation address he also reaffirmed his commitment to promoting inbound tourism.

The South Africa Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's South Africa Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the South African tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for South Africa to test other views - a key input for successful budgetary and planning in the South African tourism market.
Target business opportunities and risks in the South African tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in South Africa.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

This contains a synopsis of our forecasts, and any changes, together with an overview of key trends and developments in the tourism industry, and an assessment of the impact of various economic and national factors which might affect the sector. It also covers new transport projects, new hotel developments, and acquisitions.

Industry SWOT Analysis

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You may also be interested in these related reports:

- Japan Tourism Report Q3 2016
- Hotels in South Africa to 2019: Databook
- Travel and Tourism in South Africa to 2019
- Vietnam Tourism Report Q3 2016
- New Zealand Tourism Report Q3 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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