In September 2023, South African accommodations closed on an average occupancy of 64.60% which is 3.45% less than the occupancy of 68.1% achieved in 2019. The September 2023 occupancy grew from 60.30% in 2022 to 64.6% in 2023, despite the year-on-year growth the country wide occupancy is still below pre covid levels. The average rate […]
In September 2023, we analysed a sample size of 18 770 room nights booked into South Africa across 7360 individual reservations and the key differences when compared to the reservations made in August is that the lead times in South Africa decreased from 46.6 days in advance to 36.95 days in advance. The shorter lead time
Shorter Lead Times, Longer Stays Drives September Reservation Trends in South Africa Read More »
In August 2023, South Africa witnessed a remarkable growth in hotel performance, marking a significant 7.58% increase in occupancy compared to the previous year. What’s even more encouraging is that this growth in occupancy was accompanied by a noteworthy rise in the average daily rate, with an increase of R180.57 from 2022. The average rate
August 2023 – SA Review – how is South Africa doing? Read More »
