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Tag Archives: Grant Thornton

Domestic Tourism: Trends & Opportunities

South Africa’s domestic tourism industry has the potential to contribute significantly more to the economy if it manages to expand the industry so that it caters for everyone in the country rather than just focusing on traditional international tourists. By ...

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Are South Africa’s Room Rates Sustainable?

Room rates for South African hotels and lodges increased dramatically between 2016 to 2017, specifically in the 4-star and 5-star markets. Despite the rand having strengthened over the past 12 months, some properties are posting even higher rate increases for ...

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SA Hotel Groups Lag Behind Global Peers

South African hotel groups continue to lag behind their global peers in adopting technology to meet increasingly sophisticated customer demands.  These hotels risk being cut adrift in a digital economy, according to Grant Thornton. Gillian Saunders, Head of Advisory Services ...

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Tourism Market Intelligence Report – October 2015

Data from Stats South Africa confirms that international tourism has declined significantly, while data from ACSA shows resilience in the domestic tourism market that is helping hotels to maintain occupancy levels, while increasing rates. *Note that African Arrivals plus Overseas ...

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Tourism Market Intelligence Report – August 2015

This market intelligence report information below was extracted from South African source data available as at 01 AUGUST 2015. By Martin Jansen van Vuuren of Grant Thornton. The data from Statistics South Africa shows the continued decline in foreign tourist ...

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SA’s clean audit not good enough

The financial management of South Africa’s government departments and local municipal departments, while showing slight improvement, is still simply not good enough. By Tourism Tattler contributor Trevor Neethling. December 2014’s release of the Auditor General’s PFMA report for the 2013 ...

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Africa needs mid-market and budget hotel brands

Massive opportunity for developers and operators. Grant Thornton believes there is a gap for mid-range hotel chains on the African continent. Gillian Saunders, the company’s global leader Hospitality and Tourism has said that hotel developers and operators are missing a ...

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