Tourism on the rebound as income increases 2 027%
Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 2 027,7% in May 2021 compared with May 2020, data from Statistics South Africa shows.
Income from accommodation increased by 2 383,1% year-on-year in May 2021, the result of a 2 098,5% increase in the number of stay unit nights sold and a 13% increase in the average income per stay unit night sold. Income from accommodation increased by 94,6% in the three months ended May 2021 compared with the three months ended May 2020. The largest contributors to this increase were: hotels (78,9% and contributing 51,8 percentage points); and “other” accommodation (117,2% and contributing 34,6 percentage points).