Finweek - English

NO HOLIDAY FOR SA’s TOURISM SECTOR

the number of foreign tourist arrivals in South Africa declined by 2.2% to 2.612m in 2019 compared with the 2.672m in 2018, according to data from Stats SA. Total arrivals, which include those from the rest of the continent, slumped 2.3% to 10.2m in 2019 compared with 10.4m the previous year, the data shows.

“We were hoping for a recovery,” says Tshifhiwa Tshivhengwa, CEO of the Tourism Business Council of SA. Couple the current global outbreak of the coronavirus with last year’s lacklustre arrivals, and “this is unknown territory”, he says (see sidebar on p.37).

The part of the industry – which can be split into accommodation, rental cars and airlines – that’s listed on the

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