SA’s hotel sector revenue, which has been showing improvement since dipping to near zero during hard lockdowns in 2020, has recorded a fifth consecutive month of slow growth rate in 2023.

Higher consumer price inflation and interest rates with slowing economic growth are adding pressure on hotel income...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.