Category Archives: Travel
The hospitality and tourism is an important sector for many developing countries, since it is one of the main foreign exchange earners and key exports component. In 2016, foreign visitors to Africa reached 58 million with a spending of USD 40.7 billion approximately 36.3%, and projected to reach 42.9bn by end of 2017. These statistics by Jumia Travel’s Hospitality Report Africa, reflect the sector’s extensive significance both in terms of social and economic growth.
The significant economic benefits to host countries of the influential Africa Hotel Investment Forum (AHIF) (www.Africa-Conference.com) have been quantified in an independent assessment by the international audit, tax and advisory experts, Grant Thornton. The total contribution to African economies is estimated at $16.8 million and since inception, it is estimated that AHIF has been responsible for deals cumulatively worth over $4billion.
More and more South Africans are travelling – and investing in state-of-the-art branded luggage. This will pave the way for Samsonite South Africa to more than double sales within the next five years.
Tourism in Africa is a flourishing industry that supports more than 21 million jobs, or 1 in 14 jobs, on the continent
African governments should make it easier and safer for Africans to travel within the continent, the United Nations said in a new report released today, noting that tourism demand there is increasingly driven by Africans themselves.
South Africa’s hospitality sector is poised for further growth in the next five years bolstered by inbound travelers amid a difficult and volatile economic climate.
Hotel development activity in Africa is still rising in the face of the continent’s economic problems, showing a 13 percent increase in 2017, according to the annual survey by W Hospitality Group, generally acknowledged as the most authoritative source on the sector’s growth.
Jumia Travel & Accor Hotels give insights into Africa’s Hospitality Industry, 2017
With over one million tourists per annum, Namibia is known globally as a top ecotourism destination and it’s a sector that’s growing as evidenced by the 5% year on year growth in international traffic into Namibia.