Tourism Source Market Insight: South Africa : ResearchByMarkets.com

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Tourism Source Market Insight: South Africa

Summary

Tourism Source Market Insight: South Africa report provides a thorough insight into the South African domestic and outbound tourism markets. The report looks at the profiles of South African tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the South African outbound travel market.

Key Highlights

– In 2018, South Africa residents took 6.21 million international trips and 16.2 million domestic trips.
– Inbound tourism spending totaled $9.3bn in 2018 while outbound spending totaled $6.8bn.
– In 2018, South Africans between the age of 35 and 49 are taking the most holidays with 6.3 million international and domestic trips being taken. It is expected to grow with a CAGR of 1.66% between 2019 and 2023.

Scope

– This report is part of Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as well as current and future opportunities for tourism businesses seeking to tap into the South African outbound travel market.

Reasons to buy

– This report provides clear insight into developments in the South African domestic and outbound tourism markets.
– The report uses data and analysis to discuss future trends related to domestic trips, international departures, traveler spending, and main destination markets.
– The report explores the different profiles of South African tourists and the reasons that they travel, hence providing an insight into the trends in different segments of the market.
– The reader gains a strong understanding of the opportunities in the South African market, as well as the risks, to support better business decisions.

Companies Mentioned:
South African Airways
Mango
Kulula
FlySafair
Airbnb
Alaska Air
FastJet
Travelcheck
Accor
African Sun Hotels


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.