R1.9BN

Finweek English Edition - - IN BRIEF -

The over­all room rev­enue earned by SA’s guest house and guest farm mar­ket in 2014, re­flect­ing an in­crease of 19.5% and mak­ing it the best per­form­ing sec­tor in the tourism and hos­pi­tal­ity in­dus­try last year. Room rates are ex­pected to in­crease from an av­er­age R850 in 2014 to R1 200 in 2019.

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