DStv Channel 403 Wednesday, 15 January 2025

SA hotels and restaurants see massive boost

SA hotels and resturants see massive boost 1

JOHANNESBURG - Despite business confidence in the services sector remaining shaky, hotels and restaurants have seen a massive boost.

This is according to the Bureau for Economic Research’s latest Other Services Survey results.

READ: 2023 RESTAURANT WEEK | TANGRAM AWARDED SA'S BEST RESTAURANT

In the fourth quarter of 2023, business confidence in the sector dropped by six points to 42%.

This suggests that the current state of business is not satisfying to 60% of respondents.
This decrease comes after a slight uptick in the third quarter.

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