Industry revenue of “hotels, camping sites and other provision of short-stay accommodation“ in South Africa 2011-2023
Despite an attractive outlook, factors such as delays in approvals, access to finance, high construction costs and issues with power supply, are hampering industry growth. In fact it is only recently in December 2019, that South Africa’s power crisis eased just a little when state power utility Eskom Holdings SOC, started repairing broken infrastructure.