CAPE TOWN - The South African tourist accommodation industry has seen an increase of 1.2% in October 2017, compared with October 2016, according to figures released by Stats SA on Monday.
This has resulted to income from accommodation being increased by 2,9% year-on-year in October 2017.
According to the report, the main contributors to the 2,9% year-on-year increase in income from accommodation in October 2017 were: 'other' accommodation - contributing 1,5 percentage points; and guest-houses and guest-farms - contributing 1,2 percentage points.
As of October 2017, the types of accommodation that recorded the largest year-on-year growth in income from accommodation were: guest-houses and guest-farms (14,8%) and 'other' accommodation (5,5%).
The report says, income from accommodation increased by 3,7% in the three months ended in October 2017 compared with the three months ended in October 2016.
"The main contributors to this increase were: guest-houses and guest-farms with 19,2% and contributing 1,6 percentage points; and 'other' accommodation with 5,4% and contributing 1,5 percentage points," said Stats SA.
The report further revealed that the seasonally adjusted income from accommodation increased by 1,6% month-on-month in October 2017. Positive month-on-month growth rates were recorded for: guest-houses and guest-farms (6,4%); hotels (1,6%); and 'other' accommodation (0,5%).
- BUSINESS REPORT ONLINE