insert_link 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. todayJune 24, 2024 29
Local Hotel franchising in Africa shines brightly as a strong operating model for future growth Africa’s hospitality industry is on an upward trajectory with travel and tourism growing at a rapid pace. According to the first UNWTO World Tourism Barometer(1), the continent, alongside the Middle East and Europe, performed the strongest during 2023 with a 96% recovery of pre-pandemic visitors. Namibia is experiencing a similar recovery trend to its international hospitality counterparts. Last October, the Hospitality Association of Namibia announced the impressive performance of the tourism sector during the […] todayJune 24, 2024 29