Challenges and Opportunities for the tourism business growth within SADC region

Post on 30-Dec-2015

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Challenges and Opportunities for the tourism business growth within SADC region. Overview In general there are five key factors/environments that provide a platform for Tourism - E cological - E conomical - S ocial - Political - T echnological Challenges and Opportunities - PowerPoint PPT Presentation

Transcript of Challenges and Opportunities for the tourism business growth within SADC region

Challenges and Opportunities for the tourism business growth within SADC region

 

Overview In general there are five key factors/environments that

provide a platform for Tourism- Ecological- Economical - Social- Political - Technological

Challenges and Opportunities- No uniformity in product offering and service standards

- Regional Airfares – scarce and pricing not competitive (51% of international arrivals is by air )

- No uniformity in hotel grading

- Communication: roads, airline, rail, internet, etc

- Back up support to some countries to keep products to international standard

- Technology remains a main challenge – payment with credit cards and debit, integrated internet banking, I pads etc

- Multiple currency in the region – need for a common monetary system (Pula only Botswana)

- Security issues in some areas still not safe to drive

- Bottlenecks at border posts

- Human resource – scarce skills - Visa formalities,

- Work permits issues

- residency requirements

- Factors affecting Commercial presence- Restriction on capital movement

- Restriction on real estate acquisition

- Restriction related to directors

- Requirement to localize an amount of shares and also control dispersing of dividends to foreign countries

- Un predicated change of regulations and laws governing the sector

THANK YOU