Lodging facilities offering value for money are expected to see growing occupancy rates over the forecast period. Platforms such as Airbnb are expected to thrive due to this fact.
Luxury hotels are expected to see greater business stemming from international visitors, as they often want to stay in hotel brands with which they are familiar from their respective home countries, and the service is likely to be the standard they expect. The weak position of the rand compared to major global currencies is also likely to influence many international visitors to make use of such facilities due to the greater affordability.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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