Revenue ‘leakages’ in tourism deeply affect African countries’ economies: Expert - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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For every 100 US dollars spent on a vacation tour by a tourist from a developed country, only around 5 US dollars actually stays in a developing-country destination’s economy, translating into a 95% loss in revenue.

“In most all-inclusive package tours, about 80% of travelers’ expenditures go to the airlines, hotels and other international companies, who often have their headquarters in the travelers’ home countries, and not to local businesses or workers,” says Grandcourt.

She says this has severe consequences on African economies, something she says prevents the tourism sector from fully unleashing its potential to drive inclusive socio-economic development and advancement of Africa and from effectively contributing to eradicate poverty in line with the achievement of the UN Sustainable Development Goals.

More than 600 delegates, including officials from the government as well as role players in the private sector, turned up for the event to look at ways to improve intra-Africa tourism. This comes on the back of the industry suffering massive setbacks during the COVID-19 pandemic which gave rise to travel restrictions.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

MilanziGaudence How could this be turned round?

MilanziGaudence Thanks for your response to one of the critical concerns, or quests regarding what exactly gets into our economy from the tourists arrivals. The analysis we need to carryout continuesly and systematically in order to inform policies.

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