• Tourism

    Tourism is a fast-growing sector in many emerging markets. OBG analyses the latest statistics on visitors and spending, highlighting investment opportunities. Our research covers hotel developments, government incentives, demand for leisure facilities and the MICE segment.
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In 2013 South Africa climbed three positions from 37th to 34th in the International Congress and Convention Association (ICCA) global ranking of business tourism destinations. Amongst long-haul destinations, the country placed an even more impressive 11th, and topped the rankings for Africa ahead of Kenya and Morocco. Broken down by cities, South Africa claimed half of...

In the two decades since the fall of apartheid and the introduction of democratic rule, the South African tourism sector has been a major benefactor of the opening up of the economy and the country’s reintegration with the global community. Foreign arrivals have tripled over this period and the number of hosted meetings recognised by the International Congress and...

The number of foreign visitors was up in 2013, according to South Africa Tourism, the official tourism marketing body. International arrivals reached 14.8m in 2013, a 7% increase year-on-year over 2012, with tourists comprising 9.6m. Visitor numbers from outside Africa rose 7.1%, led by Asia (9.2%), Central and South America (8%), and Europe (7%). The largest non-African...

The accommodation sector is showing signs of recovery from its post-World Cup slump, appearing its healthiest since 2010 as demand catches up to absorb the excess capacity delivered for the tournament. The swings in the fortunes of hotel properties over the past decade was as much due to volatility in capacity as demand. From 2004 to 2007 there was insufficient stock,...

Chapter | Tourism from The Report: South Africa 2014

The South African tourism sector has been a major benefactor of the opening up of the economy and the country’s reintegration with the global community. Tourism’s economic contribution is taking on added importance in light of the fact that its expansion has been outperforming growth in the economy at large. The sector’s total contribution to GDP, for example, is expected to grow by 3.6% per...

In April 2014 South Africans celebrated the 20th anniversary of both the end of apartheid and the creation of the modern Republic of South Africa. These two events highlight just how far South Africa has come in the past two decades, during which the nation’s numerous assets have contributed to its rise as one of Africa’s leading economic and diplomatic players.

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