• Investment options

    A Fin24 user is warned against saving himself into bankruptcy.

  • Coffee time

    Starbucks has a new way to wake up its customers. Clue: calorie count.

Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Cape Town hotels 40% full

Jun 25 2010 13:06

Related Articles

Glut of 5-star hotel rooms in SA

World Cup blow for SA hotels

Tough times for hotels

Holidaymakers ditch hotels for tents

Hotels on the block

Top hotels still struggling

 
Cape Town - Accommodation establishments nearest to the Cape Town Stadium and other attractions were benefiting most from the soccer World Cup, Cape Town Tourism said on Friday.

In an assessment released as the tournament reached its halfway mark, it said occupancy levels for the metropole as a whole had averaged 40% for the first two weeks.

This figure increased by six percent from week one to week two and indications were that this upward trend would continue.

However some 28% of establishments were already enjoying occupancies of from 71% to 100%.

"The beneficial effect of the 2010 FIFA World Cup to accommodation establishments in Cape Town has been felt to the greatest effect in concentrated areas near to the stadium, major attractions and Fan Walk/Fan Fest areas," the organisation said.

"Establishments in the City Bowl, Waterfront and Greenpoint areas have experienced a 71% average occupancy during the past two weeks, around 20% up on the same period last year."

In general, establishments further from the centre had had disappointing bookings, with 39% reporting occupancy levels of below 20%.

English and American fans dominated the influx.

The average stay was currently three to four days, but this should increase as the tournament progressed.

Cape Town International Airport had reported that the number of international arrivals for June 2010 was up 44% on the same period in 2009. Domestic arrivals were up by 10%.


  - Sapa
NEXT ON FIN24X

Finweek gets new editor

2011-07-14 12:55

 
 
Comment on this story
4 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...