StatsSA has released the January 2023 stats on Tourist Accommodation and the Food & Beverage sector.
Tourist Accommodation January 2023
Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 38,9% in January 2023 compared with January 2022.
Income from accommodation increased by 55,8% year-on-year in January 2023, the result of a 16,2% increase in the number of stay unit nights sold and a 34,1% increase in the average income per stay unit night sold.
In January 2023, the largest contributors to the 55,8% year-on-year increase in income from accommodation were:
- hotels (62,9% and contributing 29,4 percentage points); and
- other accommodation (55,9% and contributing 23,9 percentage points).
Income from accommodation increased by 46,7% in the three months ended January 2023 compared with the three months ended January 2022. The main contributors to this increase were:
- hotels (60,3% and contributing 28,1 percentage points); and
- other accommodation (37,9% and contributing 16,4 percentage points).
Seasonally adjusted income from accommodation decreased by 0,4% month-on-month in January 2023 following an increase of 4,0% month-on-month in December 2022.
Read the full report here.
Food and Beverage January 2023
Year-on-year percentage change in food and beverages income at constant 2019 prices by type of income
Measured in real terms (constant 2019 prices), total income generated by the food and beverages industry increased by 15,5% in January 2023 compared with January 2022. The largest annual growth rates were recorded for:
- bar sales (24,2%); and
- food sales (14,8%).
Year-on-year percentage change in food and beverages income at constant 2019 prices by type of enterprise
In January 2023, the main contributors to the 15,5% year-on-year increase were:
- restaurants and coffee shops (13,6% and contributing 6,8 percentage points); and
- catering services (43,6% and contributing 5,1 percentage points).
Food and beverages income at constant 2019 prices for the latest three months by type of enterprise
Total income increased by 15,5% in the three months ended January 2023 compared with the three months ended January 2022. The main contributors to this increase were:
- restaurants and coffee shops (15,7% and contributing 7,6 percentage points); and
- catering services (32,4% and contributing 4,2 percentage points).
Seasonally adjusted income for the food and beverages industry increased by 4,7% in January 2023 compared with December 2022. This followed month-on-month changes of 1,6% in December 2022 and -3,2% in November 2022.
Read the full report here.