“We applaud President Ramaphosa on the swift and decisive action taken to flatten the curve on the spread of Covid-19 virus. We ask all customers to remain patient during the period of disruption to our business. Tsogo Sun Gaming will be back strongly.” Chris du Toit, CEO, Tsogo Sun Gaming
there was a huge surge in construction of new hotels. Te global recession caused a halt in development, but this began again until the 2010 FIFA World Cup.
Today there are some 61,700 hotel rooms available in South Africa with an average 62 per cent occupancy rate. Tree star hotels account for 22,100 rooms whilst four star account for 18,300 and five star with 3,100 rooms.
Tourism (direct and indirect) accounts for 9.8 per cent of total employment in the country and around 2.9 per cent of the GDP at US$10.2bn. Tourism contributes more than agriculture (two per cent), but less than mining (eight per cent).
P66 NEWSWIRE / INTERACTIVE / MARKET DATA
Te government has been making a big push in the tourism sector – speeding up and changing the visa processing system. which has seen an increase in the number of Chinese and Indian visitors in particular, whilst the event infrastructure was upgraded – all in a bid to boost foreign visitors. Te measure is part of a goal to attract five million additional visitors.
It’s an ambitious plan considering that last year, January to October, saw 48,000 fewer visitors and at the same time, South African Airlines, the only airline connecting SA with several cities, such as Washington DC, Perth and Nigeria, entered into bankruptcy protection in December 2019.
Te airline has not seen a profit since 2011 and by February this year had cancelled several domestic and international routes, including Guangzhou, Hong Kong, Munich and Sao Paulo.
And all this before the effects of the Coronavirus outbreak can be fully known.
CURRENT SITUATION South Africa declared its national state of
disaster in mid-March, which began with travel bans from the US, UK, Italy, China, Germany, South Korea, Iran and Spain. Casinos at the time were mostly unaffected.
South Africa then began its Coronavirus
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176
