Top Companies in Hospitality Industry in South Africa
This report lists the top Hospitality Industry in South Africa companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Hospitality Industry in South Africa industry.
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Marriott International Inc
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Accor SA
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Hilton Worldwide Holdings Inc
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Radisson Hotels
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Meliá Hotels International SA
*Disclaimer: Top companies sorted in no particular order
Hospitality Industry in South Africa Market Concentration
Hospitality Industry in South Africa Company List
Accor SA
Marriott International Inc
Hilton Worldwide Holdings Inc.
Radisson Hotels
Melia Hotels International SA
Rotana Hotels
InterContinental Hotels Group
Mangalis Hotel Group
Best Western Hotels & Resorts
Hyatt International*
Specific to Hospitality Industry in South Africa Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Hospitality Industry in South Africa Companies Summary
The hospitality industry in South Africa has been significantly impacted by the COVID-19 pandemic, with many establishments facing bankruptcy and permanent closure due to travel restrictions and physical distancing measures. However, since these measures were lifted, the sector has begun to recover, with an increase in patrons contributing to growth. The industry is also expanding to accommodate a rising number of travelers visiting the country for both business and leisure, with the growth of hotel rooms and keys, as well as the rapid rise of short-term home rentals in the region. Furthermore, technological advancements are propelling the market as South African hospitality businesses accelerate their adoption of technology to meet customer demands. Despite the blow dealt by the pandemic, it has provided an opportunity for introspection and the acceleration of innovation. As the industry shows signs of recovery, there are opportunities to capitalize on prevailing trends through the enhanced use of these technologies. The incorporation of technology in the hotel industry is expected to increase the number of visitors, thereby boosting growth in the hospitality industry. The sector comprises a mix of international hotel brands and domestically grown brands, with key players focusing on delivering customized and innovative services to gain more customers.
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Hospitality Industry in South Africa Companies FAQs
Who are the key players in South Africa Hospitality Market?
Marriott International Inc, Accor SA, Hilton Worldwide Holdings Inc, Radisson Hotels and Meliá Hotels International SA are the major companies operating in the South Africa Hospitality Market.