In a recent study conducted by the Hospitality Association of Namibia (HAN), insights into the country’s hospitality landscape for February were revealed, shedding light on occupancy rates, visitor preferences, and emerging trends. According to Simonis Storm Securities in an analysis last week, the study, which involved 60 participants, unveiled that throughout the month, there were...
November 12, 2024
Tag: hospitality
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Hospitality industry showsdecline in room occupancy rates
A recent report by the Namibia Statistics Agency shows that on a monthly basis, the uptake of rooms in the hospitality industry has decreased. The Index for Rooms’ Occupancy Rate report shows a 20,6% decline in December 2023, compared to the previous month’s decrease of 24%. “The decrease observed on a monthly basis was reflected...
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Tourism landscape anticipates further surge in 2024 – Hospitality Association
The hospitality sector celebrated a resilient performance in 2023 according to insights provided by the country’s Hospitality Association (HAN), Chief Executive, Gitta Paetzold, Friday, revealing notable trends and shifts in the international travel landscape. According to Paetzold, in the HAN tourism occupancy reports for December, 4th quarter, as well as the Annual report for 2023,...
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Namibia’s hospitality industry exhibits resilience in October – Namibia Daily News
SWAKOPMUND, Nov. 22 — Namibia’s hospitality industry maintained a consistent national occupancy rate of 65.5 percent in October, similar to September’s numbers, according to a recent analysis by research and investment firm, Simonis Storm (SSS). According to a report released on Tuesday, the occupancy rate of accommodation establishments increased to 59.2 percent from 54.6 percent...
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Wildlife Resorts caps 69 hospitality graduates
The Namibia Wildlife Resorts Hospitality Institute (NWR HI) recently commemorated the achievement of 69 individuals who completed specialized training in various aspects of hospitality and tourism. The celebratory graduation ceremony, held at Gross Barmen in Okahandja on Monday, marked a significant milestone in the educational journey of these dedicated trainees. This initiative, which commenced at...
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Revitalising Namibia’s Tourism and Hospitality Industries: A Path to Economic Recovery
The Global tourism industry, contributing approximately 10% to the global gross domestic product (GDP), holds immense significance. In Namibia, tourism and hospitality contribute N$7,7 billion, equivalent to 3,7% of nominal GDP, with an indirect contribution of N$24,8 billion or 12,0%. Despite its importance, the industry faced severe setbacks due to the Covid-19 pandemic, necessitating strategic...
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Revitalised tourism and hospitality lead a path to economic recovery
By Josef Kefas Sheehama. The global tourism industry, contributing approximately 10% to global GDP, holds immense significance. In Namibia, tourism and hospitality contribute N$7.7 billion, equivalent to 3.7% of nominal GDP, with an indirect contribution of N$24.8 billion or 12%. Despite its importance, the industry faced severe setbacks due to the COVID-19 pandemic, necessitating strategic...
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Africa Hospitality Investment Forum to place local tourism industry on the spotlight
The continental tourism and hotel investment conference, the Africa Hotel Investment Forum (AHIF), will take place on 25 to 27 June 2024, in Namibia, the hosting partners confirmed this week. The event which is expected to attract several prominent international hotel owners, investors, financiers, management companies, and their advisers, will take place at the Mövenpick...
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Hospitality Association of Namibia’s CEO weighs in on the matter between the Namibia Airports Company and Menzies Aviation
The Hospitality Association of Namibia’s CEO weighs in on the matter between the Namibia Airports Company which has evicted Menzies Aviation from the Hosea Kutako International Airport. Here’s Gitta Paetzold explaining how the ground handling situation has affected them. The post Hospitality Association of Namibia’s CEO weighs in on the matter between the Namibia...
