SATSA Market Intelligence Report
WHAT THIS MEANS FOR MY BUSINESS The data continues to indicate the recovery of both the foreign leisure and domestic business market. The outlook for 2017 is cautiously optimistic. The settling of the effects of events such as Brexit and the USA elections and the improvement in economic growth in South Africa’s main foreign sources markets should aid the growth in foreign tourism to South Africa. South African politics and the slow economic recovery will dampen growth in the domestic leisure and business markets. It should be kept in mind that tourism growth in 2016 was on top of a dismal 2015 and although growth in tourism is expected, the high growth rates experienced in 2016 is unlikely to be repeated in 2017. *Note that African Arrivals plus Overseas Arrivals do not add to Total Foreign Arrivals due to the exclusion of unspecified arrivals, which could not be allocated to either African or Overseas.