South Africa’s tourism sector should be in better shape than it currently is.
That’s the word from TBCSA Acting CEO Tshifhiwa Tshivhengwa following the release of the Tourism Business Council of South Africa’s Tourism Business Index (TBI) report this week.
According to the report, business performance in South Africa’s tourism sector has declined significantly in the first half of 2018.
The sector recorded substantially lower business than what is considered normal – an index of 57.9 (against an index of 100 considered to be normal). This score is much lower than the forecasted score of 72.4 forecast for the first two quarters of 2018. Furthermore, it is notably lower from the index score of 71.4 experienced in the last half of 2017.
To read the full TBI report, CLICK HERE.