Results show that a 56,5% majority of businesses have been largely impacted and that the next few months will be a struggle. 27,6% indicated a high likelihood that their business will not survive, of which 3,9% said that their business would not survive the pandemic.
The Covid-19 pandemic and national lockdown have drastically impacted the South African travel accommodation industry. As a direct result, many small businesses devastated by financial hardship are now forced to seek some form of financial aid.
As a leader in the travel accommodation industry, LekkeSlaap.co.za has conducted a nationwide survey of accommodation establishments to ascertain how this pandemic has impacted their financial performance and workforce. The survey further explores how many of these businesses have applied for and received financial relief from either banks or relief funds, and how business owners view the future of the tourism industry in their region. We received 4 488 contributions from accommodation business owners in this survey who represent 7 262 local accommodation establishments, making this survey one of the largest surveys of its kind.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
