PwC South Africa’s Post

I've seen the many wonders #Turkiye offers to tourists. However, I have to mention a critical issue: the shortage of skilled personnel in our tourism sector. Tourism industry is vital for countrys' #economy. But to provide top-quality service, we need well-trained and high skilled staff. Unfortunately, finding such skilled #employees has become increasingly challenging. Economic up&downs, political issues, natural disasters, and health crises like the COVID-19 pandemic have all hurt tourism. And High turnover rates due to seasonal work and job #instability further complicate the issue. As a result, many talented individuals are hesitating to invest their careers in a sector they see as unstable. I would love to hear your thoughts. How can we solve the skilled personnel problem in Turkiye’s tourism sector? Your ideas could help shape the future of our industry. LOTİ

Tourism in Namibia: Business Over Nationality... Is the State Asleep? In Namibia, the state should economically support its small businesses, especially since around 90% of the population lives below the average income level and the middle class is still being developed. Small businesses should be supported through fair market access and reasonable commission rates to remain competitive. It is encouraging when accommodations offer comparable commission rates to both small and large providers, which facilitates fair competition and allows customers to support the local market. This is currently only partially available with private accommodations! However, it becomes problematic when semi-governmental companies like NWR grant only 10% commission to smaller, local businesses, simply because they are less active, while large companies receive 25-30%, even though these often operate abroad and, which bothers me greatly, act as booking platforms! This disadvantages smaller providers who pay their taxes locally and reinvest their earnings into the economy. It also harms Namibia as a country, as these "cuts" result in significant losses for the national economy... but no one seems to notice. Despite my personal satisfaction with tourism and the opportunity to live well, I question how new Namibian businesses can be protected from the big players and whether my young compatriots can still start their own businesses with economic protection today. I question whether this is a functioning, sustainable capitalism for Namibians, or if those in charge are failing to protect our people and our economy.

Get ready to pack your bags and explore the Pearl of Africa, because Uganda is calling! 📞🦒 Domestic tourism in Uganda is on the rise, and it's not just because the international travel scene has been more chaotic than a chimpanzee's tea party. 🐒🍵 The government has been working hard to promote Uganda's incredible natural and cultural attractions to its own citizens, and it's paying off! 💰 So, what are the benefits of domestic tourism in Uganda? For starters, it's a great way to boost the economy and create jobs. 💼 The tourism industry is a major contributor to Uganda's GDP, and by exploring their own backyard, Ugandans are helping to keep that money flowing. 💸 But it's not just about the economy. Domestic tourism also helps to preserve Uganda's rich cultural heritage and stunning natural landscapes. 🏞️ By visiting national parks, cultural sites, and local communities, Ugandans are learning to appreciate and protect their country's unique identity. 🌳🌍 And let's not forget the social benefits! Domestic tourism brings people together, fosters a sense of national pride, and creates opportunities for Ugandans to learn about and celebrate their country's diverse cultures. 🎉🇺🇬 So, if you're a Ugandan looking for a fun and rewarding way to spend your vacation, why not explore the wonders of your own country? You'll be doing your part to support the economy, preserve your heritage, and have a blast while you're at it! 🎒📸 Remember, Uganda awaits you with open arms (and maybe a few cheeky monkeys). 🐒😜

There are major mechanisms through which tourism industry can positively affect economic growth in a country like Nigeria. First, like export, tourism generates foreign currency required to finance imports of investment and intermediate goods used to add value in the production process. it is a significant source of foreign exchange earnings for many countries. Visitors spend money on accommodation, transportation, food, souvenirs, and various activities, contributing to the local economy. Governments often collect taxes from these transactions, providing additional revenue to invest in public infrastructure, education, and healthcare. Second, the spending of international tourism can inspire the development of other industries such as transport, hotels and restaurants, manufacturing, handicraft, agriculture and the trade.To attract and accommodate tourists, destinations often invest in improving their infrastructure. This includes the development of transportation networks, airports, roads, and public facilities. The upgraded infrastructure not only enhances the tourism experience but also benefits the local population by providing better connectivity and services. Third, it can directly or indirectly generate employment that activate consumption and investment among local economic agents. it generates employment opportunities across various sectors such as hospitality, transportation, entertainment, and local services. As the number of tourists increases, businesses expand to meet the demand, leading to a rise in job opportunities. This, in turn, contributes to reduced unemployment rates and improved income levels in the community Fourth, tourism fosters cultural exchange between visitors and locals. This exchange not only enriches the experiences of both tourists and residents but also contributes to the preservation of cultural heritage. Communities often recognize the economic value of their cultural assets and work towards their conservation, leading to sustainable tourism practices that benefit both the industry and the local population. Fifth, the growth of tourism often stimulates the development of local businesses, including small and medium enterprises. As local businesses flourish, they become potential partners for foreign investors seeking collaborations or local suppliers for their operations. This interconnected network can create mutually beneficial opportunities. It's important to note that while tourism can bring positive economic impacts, responsible and sustainable practices are crucial to minimize negative consequences such as environmental degradation, cultural commodification, and social disruption. Governments, local communities, and the tourism industry must collaborate to ensure that tourism development aligns with long-term economic, social, and environmental sustainability. #tourism #danzatravels #economicgrowth #sustainabledevelopment #linkedin

For this tourist Haven While Tourism is the Driver contributing 20 % to its GDP, Thailand’s economic success stems from robust export sectors which contribute about 60% to GDP. If you want to explore your options for economic synergy with Thailand, look beyond Tourism at other lucrative sectors. More in my next post Thailand , Tourism, investment opportunities , Business , Thailand export, Thailand import 

The ministry of tourism and wildlife has established institutions with clear mandates to ensure the country is a competitive destination. Kenya Utalii College has been assigned the training mandate ,Tourism Fund is meant to collect levy for training ,marketing and development of the industry, Tourism Regulatory does the regulation of standards of hospitality and tourism facilities as well as training institutions ,Kenya Tourism Board has the sole mandate of marketing the country while Kenyatta International Convention Center drives conferencing agenda in the country. Additionally, Bomas of Kenya is tasked with promoting cultural tourism in the country. Each statutory body is supposed to stick to its specific mandate. Duplication of mandates will bring confusion and wastage of the scarce resources. There is a growing tendency by some institutions to operate outside their areas of responsibility The CS incharge of the crucial docket must ensure every institution performs its mandate

Business News – The Philippines' tourism revenue is projected to surpass PHP 280 billion in the first half of the year, marking a 32.81% increase from last year. This increase is attributed to the 3.1 million visitors arriving in the country, which is positively impacting the economy. With this, Tourism Secretary Christina Garcia Frasco expects this growth to continue into the second half of the year, with additional job opportunities in tourism-related sectors. Read more about it here at https://lnkd.in/gRruYRjq #LaCamaraNews #BusinessNews #SpanishChamber #SpanishChamberofCommerce #SpanishChamberofCommercePhilippines #TheManilaTimes

📈 Thailand Industry Outlook for December 2024 Read the full article 🔗 https://lnkd.in/gzp_Mbdu Economic Recovery Continues, but Challenges Remain Thailand's economy is showing signs of recovery in December 2024, driven by the rebounding tourism sector and domestic consumption. However, several challenges persist, including high household debt and global economic uncertainties. Tourism: The tourism sector continues to be a major driver of economic growth, with foreign tourist arrivals surpassing pre-pandemic levels. The government's initiatives to promote tourism, such as visa relaxations and marketing campaigns, have contributed to this positive trend. . . 📱 GET YOUR ONLINE CV ▶ https://lnkd.in/g4BSSxep #JobSearch #KensingtonAssociates #hotjobs  #งานไทย #หางาน #รับสมัครงาน #อาชีพ #งาน #งานกรุงเทพ #งานไอที #itjobsthailand

ZDA Markets Tourism Investment Opportunities at 67th CAF 25th July, 2024 – The Zambia Development Agency (ZDA) says having the right tourism infrastructure is key to unlocking Zambia’s tourism sector thereby contribute to the vision of becoming a top tourist destination in Africa. ZDA Director General, Albert Halwampa was speaking when he addressed delegates at the ongoing United Nations Tourism Regional Commission for Africa in Livingstone on Tuesday 23rd July, 2024.   Mr. Halwampa highlighted the numerous investment opportunities in the tourism sectors such as creation of convention centers, hotels, lodges, roads, airstrips and exhibition centers among others. He implored investors to invest in the tourism sector so as to position Zambia as a competitive tourism investment destination. Mr. Halwampa assured investors that their investments would be safe in Zambia as there is rule of law, political stability and consistent policy direction. He further called on investors to partner with government through Public Private Partnerships (PPPs) and private to private sector through joint venture partnerships between foreign and local investors. He noted that such collaborations will drive sustainable tourism development, create jobs and contribute to the overall economic growth of Zambia. “ZDA facilitates both fiscal and non - fiscal incentives to investors including those investing in the tourism sector that investors can take advantage of,” he explained. “Some of the fiscal incentives include duty free importation of equipment, capital allowances and value added tax free supplies and non-fiscal incentives such as No VISA required for entry into Zambia for one hundred and thirteen (113) countries across the globe,” he added. He reiterated ZDA’s commitment to handhold investors from inception right through to aftercare services for investors. And speaking on a panel discussion Mr. Halwampa emphasized that Africa must brand to showcase its uniqueness to the rest of the World. He noted that as the world increasingly turns its attention to Africa's untapped tourism potential, Zambia stands ready to showcase its unique attractions and investment opportunities, driving the continent’s tourism growth story forward. Meanwhile, renowned local businessman Mark O’Donnell, said Africa must pride herself for the great culture, natural resources and friendliness, which must be followed by intentionally supporting infrastructure for the sector. Ends… #ZDA #InvestmentPromotion #ZambiaTourismAgency

Tourism's Effect on Philippines Real Estate Article Introduction The Philippines is a beautiful place with wonderful beaches, amazing cities, and a rich history. Many people like to visit the Philippines, and this has helped the country's economy and its real estate market. This article will talk about the ways tourism has affected the real estate market in the Philippines and what it means for people who want to invest in properties there. Tourism Growth In the past few years, more and more people have been coming to the Philippines for vacations. The government has also been promoting tourism by building roads and other things that make it easier for people to visit different places in the country. This has made tourism a big part of the Philippines' economy. Impact on Real Estate Market More tourists means more people looking for places to stay, like hotels and vacation homes. This has made the demand for these kinds of properties go up. It has also made more hotels and resorts open up, giving property investors more opportunities to build and develop new properties. Implications for Property Investors and Develope... Read more https://lnkd.in/gMn4Dcwn #Effect #Estate...