PHOTO: OJ Koloti, Gallo Images
According to available figures , the tourism sector's contribution to the country's GDP is 3.7%. However, in 2019, it accounted for a much higher 8.7% of South Africa's GDP before the hurricane caused by the Covid-19 pandemic. We need to innovate and adapt to remain competitive and relevant in the rapidly changing world of tourism. Embracing digital technologies and promoting sustainable tourism practices are critical to achieving this.
According to the report, Travel & Tourism's GDP is forecast to grow at an average rate of 6.8% annually between 2022-2032, more than twice the 3.3% growth rate of the region’s overall economy, to reach nearly $ 279 billion .
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