Travel & Tourism adds more to the economy of South Africa compared to other countries in Africa

Published on : Wednesday, March 20, 2019

In 2018, South Africa’s travel & tourism sector contributed 1.5 million jobs and ZAR425.8 billion into the economy, turning out to be Africa’s largest tourism economy, according to the World Travel & Tourism Council’s (WTTC) annual report on the financial impact and social importance of the sector released today.

 

For more than 25 years, WTTC, which signifies for the global private sector of Travel & Tourism, has made an assessment of the Travel & Tourism sector across 185 countries. Last year’s research shows that the South Africa Travel & Tourism sector:

 

 

To quote Gloria Guevara, WTTC President & CEO, “Travel & Tourism contributes more to the South Africa economy than in any other African country. In total, our sector contributes ZAR425.8 billion and 1.5 million jobs which makes it a formidable part of the economy.”

 

“South Africa has long grasped the potential of Travel & Tourism to drive economic growth, create jobs and promote social development and I would like to acknowledge the leadership of Minister of Tourism, H.E. Derek Hanekom. That is why we welcome President Ramaphosa’s ambition to double the number of people directly employed in T&T in South Africa.”

 

“Looking to the future, I believe that Travel & Tourism is South Africa’s greatest resource and the country’s strategy for expansion which priorities regional integration, environment sustainability and putting the community at the heart of decisions will make for a successful combination.”

 

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 08 imexamerica 2019
  • 13 Food Hospitality2019
  • 14 Hotelierseries Africa 2019
  • 14 restaurantscafeslounges 19
  • 15 hotelierseries mena 2019
  • 17 getglobal 19
  • 17 itehk 19
  • 18 Africa Hotel & Resort 2019
  • 18 chinatravelnews2019
  • 19 China Hotel 19
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. IMEX FRANKFURT

      May 21 - May 23
    2. CARIBBEAN HOTEL & RESORT INVESTMENT SUMMIT ( CHRIS)

      May 21 - May 23
    3. EBACE

      May 21 - May 23
    4. HOTELIER SUMMIT INDIA

      May 22 - May 25
    5. ILTM ASIA PACIFIC

      May 27 - May 30
Get our toolbar!
Review www.travelandtourworld.com on alexa.com