Imposition of VAT on tourism is projected to be felt this year as hotel room revenue expected to decline further, PwC cautioned in a report.
In the report, 'PwC Hotels outlook: 20172021: South Africa-Nigeria-Mauritius-Kenya-Tanzania, PwC predicts a dip of negative 3.6 per cent to 546,42bn/- in this year against 566.71bn/- in 2016.
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