SA’s short-stay market rebounds

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South Africa News News

SA’s hospitality sector seems headed for pre-Covid highs, but a shortage of domestic flights could hamper recovery

The number of South Africans booking a stay on Airbnb is likely to breach the 1-million mark for the first time this year.

The Nasdaq-listed online accommodation platform recently reported an upbeat set of results, with the number of nights booked across the globe reaching a new record in the first quarter of 2022 at 100-million. That’s a hefty 32% ahead of the level recorded in the first quarter of 2019, and significantly ahead of the same period in 2020 and 2021...

 

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