Worry as AirBnB eats away at KZN's hospitality sector for Comrades Marathon
Durban - While the formal sector stood in line to benefit from this year’s Comrades Marathon with an estimated economic impact of over R500m, some businesses in the hospitality sector have lost out. Marketing manager for Tourism KwaZulu-Natal, Thulisile Galelekile, said most of the runners travel with family, minders and coaching teams.
“We are very confident in terms of the money that will be generated in the hospitality sector that it will grow. There are different systems people use for accommodation, some stay with friends and family. And while they would not spend money on accommodation, it is expected they will spend money in other ways in the province.”
De Souza said this year alone three establishments had been sold as a result of bad business and there were another four, including one of hers, on the market.As of April 15 the public had 60 days to submit comments on the Tourism Amendment Bill, which will regulate short-term accommodation such as Airbnb. The bill was published in the Government Gazette on April 12 and republished on April 15.
Manale said the department wanted to take a proactive approach to the issue of Airbnb. “It is only a disruption if you don’t know how to handle it. Consultations next week continue in KZN,” said Manale.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COMPANY COMMENT: Pepkor faces toughest trading conditions in its historyIt is hard not to imagine that Pepkor management would cope better with the trading environment if it did not have to worry about what Steinhoff might do with its remaining 71% stake
Read more »
Comrades Marathon upon us - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The anxious wait is almost over for about 20 000 runners who are set to tackle the 94th edition of the Comrades Marathon on Sunday.
Read more »
Supporting KZN’s agricultural sector is key to turning the provincial economy around – DAThe provincial department of agriculture says it is focusing on supporting subsistence farmers who want to become commercial farmers.
Read more »
WATCH: KZN businessman builds three-bedroom home for pensioner | IOL NewsMsizeni Ntuli of rural Mzingazi will enjoy a peaceful night's sleep for the first time in over a decade after he was given a brand-new house.
Read more »