CPT Airbnb threat

Airbnb has a very large influence on the traditional hotel sector They are taking business away from the leisure market, both domestic and international FIT’s The key metrics shows it’s younger travellers, while Gen-X (40-60yo) … Read more

Cape Town Accommodation performance review & forecast

Outlook for September 2024 and October 2024 Anticipated performance for the two month period of September 2024 and October 2024 summarized as follows: September 2024 Occupancy: 67.3 % compared 65.2% projected a month ago Average … Read more