South Africa: The Tourist Accommodation Sector Is Still in Meltdown

analysis

The tourist accommodation sector generated about a third of the income in November 2020 that had flowed its way 12 months before.

Total income for the tourist accommodation industry fell 65.5% in November 2020 compared with the same month the previous year, Statistics South Africa (StatsSA) said on Monday. That's a dramatic decline and one that few sectors could withstand for a prolonged period.

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