Horwath HTL Market Report: South Africa Market Update & COVID-19 Impact
On 26 March 2020 as we said our goodbyes to colleagues, we did not foresee that six months later many hotels across South Africa would remain closed.
The impact of the Coronavirus pandemic on the health of the South African population appears to be much less severe than was originally feared while the impact of the Government-imposed lockdown on the economy continues to see much worse outcomes than originally expected.
About Horwath HTL
Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects. If you have any questions, please contact James Chappell, Global Business Director at [email protected].