Tourism Business Index and Annual Reports
WHAT IS THE TBI?
The Tourism Business Index (“TBI”) is an initiative of the Tourism Business Council of South Africa (“TBCSA”) and is compiled by BDO.The TBI provides an indication of the current and likely future performance of businesses operating within the Tourism Sector in South Africa. The information for this TBI was collected through an online survey of tourism businesses.
The overall tourism index includes accommodation operators (reflected in the “Accommodation” sub-index”) and responses from tour operators, coach operators, vehicle rental companies, airlines, travel agents, retail outlets, forex traders, conference venues and attractions (referred to as “Other Tourism Businesses” sub-index).
This is the first TBI, following a two year hiatus due to the Covid-19 pandemic and is reflective of the actual performance for the first 6 months of 2022 and looks towards the likely performance for the next 6 months (i.e. 2nd half of 2022).