We actually started yielding some dates in October and lifting those low rates which is certainly a sign! Sadly, the results and demand patterns are very unstable and non-linear. We can however detect that properties outlying the CBD on the ocean’s side is doing remarkedly better vs CBD hotels. We also see weekend business is more in demand than midweek requests. It is a mixed bag of results and yes most of the ‘management’ will be slightly reactive due to us being unable to pin a demand pattern.
To further our strife: the debacle at airports made SA laughing stock again the past few weeks and Emirates got very upset and literally left, but government seemingly adverted the crisis in time and according to Fedhasa the Department of Home Affairs issued a letter to airlines reinstating the visa exemption of citizens from the below list, which was revoked at the start of the lockdown. (the countries on our source market list included are: Spain, Italy, Germany, USA, UK, France and Portugal) But this doesn’t affect the requirements for international travelers visiting SA outlined in the government gazette. Government amends the list fortnightly

STR results for Aug is in and unsurprisingly sad results showing 8% occupancy for Jun, Jul & Aug at a R727 ARR.
The insurance claim case between Santam and Ma-Afrika hotels heard in Sep is due to judgement before or on 1 Nov. Looking at recently local and international outcomes we are looking positive for winning against insurance. For those of you affected by this, please remember to keep submitting claims whilst we are in a phased lockdown and affected by international travel restrictions
Some value here: a complete TikTok Guide to get your profile pumping. It’s a great channel for free organic traffic but won’t be past 2020. Grow your audience now! More info here www.allmylinks.com/jaco-jacobs
Keep going, we are through the worst!
Best, Jaco


