South Africa’s marginal occupancy decline was due to a two percent increase in supply edging out 1.8 percent increase in demand.
Regardless, the country posted its highest ADR and RevPAR levels for any Q3 on record.
At the market level, top RevPAR increases were reported in the North West Province, Eastern Cape and Free State, with the African cities reporting 13.4 percent 8.5 percent and 6.9 percent increase respectively.
Among segments, luxury hotels saw the strongest growth, with ADR up six percent and RevPAR increasing 5.3 percent
