Summary
South Africa's travel and tourism industry contributed 4.8% to the national GDP and represented 4.3% of the country's total employment in 2011. Total tourist volume, including domestic, inbound and outbound, declined during the review period due to the global financial crisis, which resulted in job losses and low levels of consumer confidence. However, tourist volume registered growth in 2010 due to the hosting of the 2010 FIFA World Cup. South Africa's tourist volume is expected to grow over the forecast period due to the country's growing economy, government initiatives and the development of tourism infrastructure. The National Tourism Sector Strategy (NTSS) under the guidance of the Ministry of Tourism aims to accelerate the growth of the tourism industry over 2010-2020 to realize tourism potential and make South Africa one of the top twenty global tourism destinations by 2020.
Scope
- This report provides an extensive analysis of the travel and tourism market in South Africa:
- It details historical values for the South African travel and tourism industry for 2007–2011, along with forecast figures for 2012–2016
- It provides top-level analysis of the overall travel and tourism market, as well as individual category values for both the 2007–2011 review period and the 2012–2016 forecast period
- The report makes a detailed analysis and projection of tourist spending patterns in South Africa
- The report profiles the top travel and tourism companies in South Africa
Synopsis
- The report provides top-level market analysis, information and insights, including:
- Historic and forecast market sizes covering the entire South African travel and tourism industry
- Detailed analysis of tourist spending patterns in South Africa
- Description and market outlook for various sectors in the South African travel and tourism industry, such as transportation, accommodation and travel intermediaries
- Detailed market classification across each sector with analysis using similar metrics
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