Industry Update
External Article27 November 2018

Western Cape Hotels Rates Cheaper Since Drought

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Cape Town Etc

The average price of a hotel room in Cape Town is R65.19 cheaper per evening than it was a year ago this brings the average cost of a hotel room to R1 436.30 per evening. According to the Hotel Performance Index, released in September 2018 by provincial investment agency Wesgro, the price of a night in a four-star hotel room dropped by 5.2%.

The average five-star hotel room costs R2 468.99 per evening, and this rate has decreased by R134.84 per night over a years period.

Although occupancy across hotels in the Western Cape has increased by a marginal 0.3%, the average cost per night of a hotel room in the province has dropped by 2.8%.

Read the full article at Cape Town Etc

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