EMBED - GLO, USA,UK, GER example page - TIRTravel - Flipbook - Page 3
comment
Publisher’s Notebook
T
he first budget of the Ramaphosa era didn’t do
the domestic and inbound tourism industry any
favours, even though the new president had emphasised the importance of tourism – inbound,
that is – to the economy and job creation in his
acceptance speech.
That will not only stabilise the currency but lift the sentiment
so crucial in motivating, particularly leisure, travel.
As we head towards mid-year, the prognosis for foreign travel is
significantly more encouraging than at the start of 2018.
Domestic tourism will feel the heat from the increase in VAT
and the large jump in the fuel levy, a favorite and easy target for
government, which will particularly hit short-break business
and boost prices of products and services across the economy.
And, as prices rise, the collection of VAT, of course, increases,
regardless of the additional percentage.
“I just received this on my
desk and absolutely love
the new format!”
– Theresa Szjewallo, The
Travel Corporation MD
22722 OLD FRIENDS YOUNG TALENT
Suppliers are caught between a rock and a hard place as domestic suppliers feel the pinch and a worrying number of foreign
visitors are commenting on the perception that South Africa, a
long-haul destination, is becoming much more costly relative to
packages available to international competitor destinations.
Outbound travel, however, has benefitted from the Ramaphosa
effect on business confidence and the resultant strengthening
of the rand. Substantive measures to address corruption, governance and incompetence should continue to build confidence
and investment.
Bidvest Car Rental invites you to go out and explore the beauty of Southern Africa,
whenever you can. With our premium service in 120 locations, we’ve got you
covered, wherever the road takes you.
www.bidvestcarrental.co.za • reservations@bidvestcarrental.co.za • Call 086 101 7722
Car Rental
Because every minute counts.