
Articles
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1 week ago |
tourismupdate.com | Bianca Capazorio
Africa’s hospitality sector is experiencing a surge of investment and expansion with several major hotel groups announcing landmark deals and ambitious growth plans at the Future Hospitality Summit in Cape Town this week. Among them, four leading players unveiled agreements that signal growing confidence in the continent’s tourism sector, including what is being described as the region’s largest hotel portfolio management deal.
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2 weeks ago |
tourismupdate.com | Bianca Capazorio
South Africa’s international tourism numbers are rising but it still lags behind global competitors in daily spend by international visitors. Speaking at the recent Hotel & Hospitality Expo Africa in Cape Town, tourism leaders highlighted a gap between visitor numbers and per-capita spend. While overall tourism revenue is growing, largely due to higher room rates and more arrivals, industry stakeholders say stronger focus on premium offerings and pricing strategy is needed.
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2 weeks ago |
tourismupdate.com | Bianca Capazorio
The City of Cape Town has set ambitious new tourism targets as part of its Tourism Strategy 2029 with a focus on increasing international arrivals, creating jobs and strengthening competitiveness.
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2 weeks ago |
tourismupdate.com | Bianca Capazorio
With an average age of 19, Africa’s aircraft fleets are the oldest in the world – and account for just 2% of new aircraft currently on order. By comparison, Asia has the youngest fleet at an average of 12 years, and accounts for 49% of all new aircraft on order. Speaking during an OAG webinar on aircraft fleet and finances, Deidre Fulton, Partner at Midas Aviation, said, globally, the average age of aircraft is 14 years.
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3 weeks ago |
travelnews.co.za | Bianca Capazorio
With an average age of 19, Africa’s aircraft fleets are the oldest in the world – and account for just 2% of new aircraft currently on order. By comparison, Asia has the youngest fleet at an average of 12 years, and accounts for 49% of all new aircraft on order. Speaking during an OAG webinar on aircraft fleet and finances, Deidre Fulton, Partner at Midas Aviation, said, globally, the average age of aircraft is 14 years.
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