Performance - africa
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Cape Town Calling: Undoing the impact of 'Day Zero' on Tourism

By Rishabh Thapar - Consulting & Valuation at HVS

At the end of 2017, one of the most picturesque cities in the world, Cape Town, announced a 'Day Zero' to create awareness among its citizens of the severity of its ongoing water crisis. The day marked to be as early as March 2018 at one point of time has been pushed out to 2020 (or potentially 'never') in light of the city's commendable efforts in changing their lifestyle and focusing on water conservation in all aspects of their day-to-day living.

STR: Middle East and Africa hotel performance for May 2018

Bahrain performance drops due to Ramadan calendar shift, new supplyEgypt room rates highest for any May on recordSouth Africa demand lowest since January 2015, Cape Town declines continuedLONDON -- Hotels in the Middle East reported negative May 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.