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Tourism sector bounces back to pre-pandemic level
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Tourism sector bounces back to pre-pandemic level

Namibia’s tourism sector peak season has rebounded to pre-pandemic levels, with an August 2023 occupancy rate of 68,9%. This is up from 60,98% in July this year. Room occupancy rate is the yardstick aginst which performance in the sector is measured. According to economic analysts Simonis Storm Securities, this marks a notable 7,6 percentage point...

August tourism occupancy surpasses pre-pandemic levels
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August tourism occupancy surpasses pre-pandemic levels

The tourism industry has seen a strong rebound in its peak season, reaching an August 2023 occupancy rate of 68.9%, up from 60.98% in July 2023, an increase of 7.6 percentage points compared to the 61.3% rate in August 2022, and marking the highest occupancy rate since the pre-pandemic peak of 69.9%. Here’s Hospitality Association...