Hospitality Industry

03 February 2025 Biz News Update

1. Dynamic Pricing and Domestic Tourism Concerns The shift in Namibia's hospitality industry from traditional fixed rates to dynamic pricing has raised concerns about the future of domestic tourism, already burdened by economic pressures. According to a recent survey by The Brief, a number of the country's major hotels have adopted fluctuating rates, driven by international trends and increasing operational costs. This new approach could impact local tourism as […]

3 February, 2025 34

Business / Economics

October occupancy rate drops to 65.15%

The national occupancy rate for October stood at national occupancy rate for October stood at 65.15%, slightly lower than the 65.54% recorded in October 2023 and below the pre-pandemic level of 69.87% from October 2019. The year-to-date occupancy rate for 2024 averaged 54.17%, falling just short of the 54.76% seen in 2019. Gitta Paetzold the Hospitality Association of Namibia's CEO.

2 December, 2024 28

Business / Economics

Africa Hospitality Investment Forum kicks off in Windhoek

The Africa Hospitality Investment Forum has started today in Windhoek. The Forum attracts investors, business leaders, senior government officials, and advisors from 41 countries to a three-day networking conference. Kenneth Nependa, CEO of Sandwich Dune Tours and Safaris, shares his expectations for the conference.

25 June, 2024 106

Business / Economics

Tourism recovery sees 60.3% occupancy rate in May 2024

International arrivals in the first quarter of 2024 reached 97% of 2019 levels, according to the United Nations World Tourism Organization and Simonis Storm. Despite economic and geopolitical challenges, tourism is recovering, with the national occupancy rate at 60.3% in May 2024. Here’s the Hospitality Association of Namibia's CEO, Gitta Paetzold.

24 June, 2024 45

Namibia

Namibia to host Africa Hospitality Investment Forum

Namibia is hosting the Africa Hospitality Investment Forum from 25 to 27 June 2024, in Windhoek. This event will gather investors, business leaders, government officials, and experts from 41 countries for networking, business meetings, and discussions on hospitality industry trends. It also marks the first time the forum is hosted in Southern Africa. The Namibia Investment Promotion and Development Board Senior Manager for Marketing, Communications, and Branding, Catherine Shipushu. With […]

24 June, 2024 77

Africa

Kenyan coastal gem gets a direct link to Middle East as Dubai ties to Africa

By Seth Onyango, via bird story agency Mombasa is set for a surge in tourism after FlyDubai launched direct flights between Dubai, the commercial hub of the United Arab Emirates, and the coastal city. This new direct route, a first for any UAE airline, is also poised to strengthen economic ties and cultural exchange between the two regions. Flydubai will operate four weekly direct flights to Mombasa from January […]

19 January, 2024 28

Namibia

October hotel occupancy rises to 65.5%

Namibia has recorded a national hotel occupancy rate of 65.5% in October, an uptick from the 54.6% rate recorded in October 2022. In its latest report, Simonis Storm Securities revealed that in October 2023, the coastal region emerged with the highest occupancy rate, reaching an impressive 71.9%.

22 November, 2023 15