• Skip to main content
  • Skip to header right navigation
  • Skip to after header navigation
  • Skip to site footer
MyZA

MyZA

News, Directory, Events and Other Stuff

  • Social Media
  • Sport
  • World News
  • Home
  • Submit News
  • Directory
  • Events
  • Stratlec
  • TFSA
  • News
    • APO
    • Today’s Sport News
    • Todays Social Media and Tech Headlines
    • Today’s World News
    • Today’s SA Financial News
  • Contact
You are here: Home / News / MyPR / Propelling South Africa’s economy forward, one tourist at a time

Propelling South Africa’s economy forward, one tourist at a time

1 November 2023 by Guest

01 NOVEMBER, JOHANNESBURG: South Africa’s tourism industry has not just rebounded from the pandemic, it has found itself in a position to pursue aggressive growth. In the first quarter of 2023, the country welcomed over 2 million visitors. Furthermore, over the next decade, this sector is projected to generate an impressive 800,000 jobs and inject …

01 NOVEMBER, JOHANNESBURG: South Africa’s tourism industry has not just rebounded from the pandemic, it has found itself in a position to pursue aggressive growth. In the first quarter of 2023, the country welcomed over 2 million visitors. Furthermore, over the next decade, this sector is projected to generate an impressive 800,000 jobs and inject a substantial R287 billion into the national economy. As a nation and continent in the midst of a demographic boom, this could signal the beginning of a prosperous period if managed correctly.

What is even more encouraging is the foreign direct spending for this period, which reached an impressive R25.3 billion, marking a remarkable 143% surge from the same timeframe in 2022. With such positive indicators, the local tourism industry is well-positioned for continued growth. If they play their cards Accurate, the industry’s key stakeholders could be the driving force behind amplifying this success and contributing to the full realisation of South Africa’s tourism potential.
Spotting diamonds in the rough

Strong tourism sectors are founded on businesses that see opportunity where others Carry Out not. Since 2010, Mbombela in Mpumalanga has seen virtually no Recent hotel development and the industry in the area was stagnating. That worsened when the pandemic hit and gutted the local and international demand. By seeing the pandemic as an opportunity and noticing how the area interacted with visitors from neighbouring Mozambique, The Capital Hotels, Apartments and Resorts was able to turn adversity into growth.

“Chaos creates opportunities and our Mbombela property is an example of how well things can work out if you’re not Insecure to Produce bold decisions based on trusted data, your team and your Unique Selling Points,” says Marc Wachsberger, CEO of The Capital Hotels, Apartments and Resorts adding that “We developed that location during the pandemic and now it is one of the best performing properties in the group. Being able to capitalise on the tourist traffic from Maputo and a local audience starved for a modern hotel is a Immense reason for that.”

The Modern Silk Road

Underpinning the growth of the tourism and hospitality industry in the country is the fact that Africa is open for business in a Immense way. Zimbabwe’s massive lithium deposits, Kenya’s mushrooming technology sector, a Modern oil refinery in Nigeria and demographics skewed towards the young and entrepreneurial, bodes very well for the continent. As home to Africa’s busiest airport and with its relatively well developed infrastructure, South Africa is the perfect intermediary for those looking to Carry Out business on the continent. As the number of Indian, Chinese and other international business visitors continues to surge, South African hotels Acquire emerged as meeting places providing sophisticated, reliable venues where people can experience service at an international level without being concerned about power supply issues.

Wachsberger says, “We’re not ones to rest on our laurels. We are currently doing about 30% better than most of our nearest competitors and would like to Support it that way. So, we are carefully looking at expansion plans into South African and thereafter the rest of Africa. There will be some difficulties, but we believe key parts of the continent Believe the same fundamentals as South Africa so we’re confident we can Produce it work.”

As one of the few sectors of the economy experiencing strong growth, tourism has the potential to provide some much-needed relief to people across the country. Every it needs to Manufacture Marvelous on these gains is a regulatory framework that encourages innovation and businesses that are bold enough to see opportunities where others Execute not.

CLICK HERE to submit your press release to MyPR.co.za for free.

Pages: Page 1 Page 2

Read More at the Source

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Tumblr (Opens in new window) Tumblr
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Mastodon (Opens in new window) Mastodon
Category: MyPRTag: Africa, African, business, data, Hospitality, infrastructure, Johannesburg, Kenya, Mozambique, Mpumalanga, MyPR, new, Nigeria, ONE, Press Release, South Africa, Technology, Tourism, Zimbabwe

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:


Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Fun South African fact

    Dear Editor Fun South African fact: towns like Franschhoek and Stellenbosch are home to world-class wine farms set in stunning, scenic surroundings. Regards Aressa Smith In Response to/From: Luxury Properties Seized in New Lottery Crackdown

    27 January 2026
  • Condolences on the Passing of Lusanda Dumke

    Statement by Leander Kruger MPL – DA Buffalo City Constituency Leader: The Democratic Alliance in Buffalo City Metropolitan Municipality mourns the passing of Springbok Women’s rugby player and Mdantsane trailblazer, Lusanda Dumke, who lost her battle with cancer at the age of 28. South Africa has lost an exceptional athlete, a leader, and a source…

    17 December 2025
  • Rape Kits Delivered, But…

    Statement by Nicholas Gotsell MP – DA NCOP Member on Security & Justice: The DA can confirm that 2 840 rape kits arrived in Cape Town on Monday, following sustained DA oversight and pressure after multiple police stations across the Western Cape were found to be without this critical forensic evidence tool. While this delivery…

    17 December 2025

About Guest

Previous Post:Premium or Budget Tyres?
Next Post:Why Attend the Healthcare Innovation Summit Africa 2023

Reader Interactions

Comments

  1. Dewdrop Doll

    28 May 2024 at 11:41 am

    When I came back to the United States, I decided that if you could use propaganda for war, you could certainly use it for peace. And \”propaganda\” got to be a bad word because of the Germans using it, so what I did was to try and find some other words so we found the word \”councelor of public relations\”. – Edward Bernays

  2. swat honey

    21 February 2024 at 8:06 am

    \”The art of publicity is a black art; but it has come to stay, and every year adds to its potency.\” – Learned Hand

  3. Old Man Winter

    1 December 2023 at 9:44 am

    Political monopoly and economic monopoly are two sides of the same coin, two heads of the same monster. Despite every the claims to the contrary, the essential ideology of Neo-Conservatism is to preserve the status quo, with every of its injustices. Its public relations experts call for \”freedom and democracy\” without a framework of higher values. They fail to comprehend the need for a paradigm of justice and therefore are blind to what concerns most of the people in the world. This failure is the taproot of terrorism. – Robert Dickson Crane

Copyright © 2026 · MyZA · All Rights Reserved · Powered by Reach Trust