12 Dec 2012
The South African total income for the accommodation industry increased by 12.8 percent in Q3 2012 and by 12.3 percent year-on-year in September.
According to Statistics South Africa (Stats SA), this increase was due to an increase of 8.7 percent in the number of stay unit nights sold and an increase of 3.8 percent in the average income per stay unit night sold.
Income from accommodation increased by 14.3 percent year-on-year (y/y) in September.
The number of stay units available increased by 1.8 percent in Q3 2012 compared with Q3 2011and the number of stay units available increased by 1.6 percent y/y in September 2012.
Stats SA says the number of stay unit nights sold increased by 8.7 percent in Q3 2012 while the number of stay unit nights sold increased by 6.3 percent y/y in September.
The main contributors to the y/y increase of 12.8 percent in income from accommodation for Q3 2012 were hotels (10.8 percent and contributing 7.2 percentage points) and other accommodation (16.9 percent and contributing 4.6 percentage points).
According to the report, the main contributors to the y/y increase of 14.3 percent in income from accommodation for September 2012 were hotels (13.3 percent and contributing 8.8 percentage points) and other accommodation (19.5 percent and contributing 5.3 percentage points). – Denise Mhlanga
Denise MhlangaProperty journalist at property24.com
If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.
For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.
Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724