Business & Finance
SA Tourism Stats – March
The latest South African Hotel Stats for the full 2014 year, shows that hotel occupancies stabilised and room rates continued to improve, resulting in Average Room Occupancy (ARO) of 62.5%, with an Average Room Rate (ARR) of R1,019 and Revenue Per Available Room (RevPAR) at R637 across all hotels. By Martin Jansen van Vuuren of Grant Thornton.
Note that Foreign arrivals data from Statistics South Africa is still not available beyond March 2014. and that ACSA data is also only available to December 2014.