Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

'Stop hotel greed in 2010'

Jul 31 2008 15:21 Michael Hamlyn

Related Articles

2010 transport plan 'off track'

Pay hikes for 2010 staff

Tourists cancel trips to SA

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

 
Share Share line Print
Cape Town - A warning that exorbitant price rises for hotel rooms would effectively dissuade 2010 visitors from returning for fear of being ripped off again has been given by the operator of a new hotel in Cape Town.

Ursula Gray, chief executive of the new Cape Royale Hotel in Green Point, said on Tuesday that it would be shortsighted to raise rates to cash in on the high demand for accommodation during the soccer World Cup.

She said demand for accommodation in Cape Town over the World Cup period is at an all-time high, and there may not be enough beds to host the estimated half a million tourists that will descend on the city in 2010.

More bed nights are being added through plans to dock cruise liners such as the Queen Elizabeth II, which sleeps approximately 1 800 people. And many new hotels are currently under construction in the Cape.

But some tour group operators say hotels are already starting to hike their prices for 2010 because of the high demand for room nights.

"As an industry, it is crucial that we think beyond the World Cup 2010," Gray said. "It should be seen as an opportunity to offer excellent value and to build long term relationships with our guests to encourage repeat visits."

She added that all the suites at her hotel are fully booked for 2010. "And we have heard that the majority of Cape Town's hotels - including those still under construction - are in a similar position," she said.

Gray pointed out that in 2001 Cape Town was identified by major international film production companies as offering excellent value for money and quickly became a preferred filming destination.

"As Cape Town became an increasingly popular filming and production destination, demand for accommodation began to outweigh supply," she said. "Many local operators tried to capitalise on the situation and inflated their prices to such an extent that the production companies started pulling out of Cape Town in search of better value destinations.

"It has taken nearly five years to rebuild Cape Town's image as a destination which offers good value and excellent service. We should be careful not to make the same mistake twice."

- I-Net Bridge

 
 
Comment on this story
0 comments
Comments have been closed for this article.
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Smart Alec

  Staff Training is looking for a high-energy, goal driven salesperson with exceptional telephonic skills to sell our training workshops to clients – think you have what it takes?   Please note: this telesales position in based in the Northern suburbs of Cape Town, on a contract bas... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

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

Loading...