occupancy rate

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Business / Economics

Central Region Sees Sharp Drop in Hotel Occupancy..

The central region’s occupancy rate dropped to 37.52% in May, down from 44.41% in April, according to economist Almandro Jansen from Simonis Storm. The decline is likely linked to a decrease in corporate or event-related travel. Hospitality Association CEO Gitta Paetzold notes that while coastal occupancy also dipped to 54.43%, the area remains popular with both leisure and business visitors.

today27 June, 2025

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

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.

today24 June, 2024

Namibia

HAN records positive tourism developments in April

    The Hospitality Association of Namibia (HAN) recorded a total national average occupancy of over 58 per cent for the month of April, about seven per cent higher than last year and four per cent higher than the average occupancy for April 2019. Its Chief Executive Officer (CEO) Gitta Paetzold on Tuesday in a media statement said latest statistics revealed, show a positive and encouraging development for both leisure […]

today21 May, 2024