IPL brings economic relief
The Indian Premier League cricket tournament was launched in Cape Town. Lalit Modi, IPL Chairman suggested that about R2 billion will be spent during the five weeks of the tournament. They booked
10 000 flights, 40 000 hotel rooms; millions are being spent on food, tickets etc. They are expecting supporters from all over the world, which means a serious increase in tourism activity. The two opening matches that took place at Newlands this past weekend were sold out. How cool is that!
Reference: The Times
SA Tourism grows in the face of financial crisis
According to Tourism Minister Marthinus van Schalkwyk more than 9.5 million tourists spend up to R74 200 billion in SA during the last year, which is about 23.5% more than the previous year. The SA Tourism industry is flourishing well in spite of the global economic storm. The most popular provinces visited during the last year were the Western Cape (no surprises here!) and Gauteng with KZN in the third place. The IPL as well as other sports events are extremely beneficial to the country’s tourism industry. If we can successfully host this – which we can, of course – SA will show itself as a competent and popular leisure destination.
Reference: SA Good News