insert_link Business / Economics Tourism Sector Sustains Strong Growth The Hospitality Association says the tourism industry continues to recover steadily, with third-quarter room and bed occupancy exceeding both 2024 and pre-pandemic figures. Room occupancy rose by 2% compared to last year and nearly 1% higher than in 2019, while September recorded a 4% rise to just over 66%. Gitta Paetzold, the Hospitality Association CEO: today12 November, 2025
insert_link 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. today2 December, 2024