Issue 8
HOSPITALITY TRENDS PROPERTIES FINANCIAL RISK  LEGAL IMMIGRATION CONTACTS
In this issue of Hospitality Business Hub, the formidable members of HPASA discuss hard-hitting topics that affect those of you in the business of hospitality.

Discussed is the new SA Skills Strategy, the new CO2 Emissions Tax, investing off-shore and the new Consumer Act, and notably, grounds on how to obtain permanent residency as an immigrant.

Important as a reflection of the hospitality sector success overall is occupancy levels, which are disclosed by Joop Demes, CEO of Pam Golding Hospitality - and with very interesting results.

Please check out all our highlights below to read relevant, useful and occasionally hard-hitting articles.
We look forward to serving your local and worldwide hospitality needs.

Yours in Hospitality,
The Hospitality Partners Association
www.hpasa.com
 
Hospitality Trends
 
Major Increase in Occupancy Demand in Cape Town’s Top End Hotel Sector
Cape Town’s hotel sector is experiencing a phenomenal increase in occupancy levels at the very top end of the market, reports Joop Demes, CEO of Pam Golding Hospitality – a member of the Pam Golding Property group...
Financial
 
Investing Offshore
Minister of Finance, Pravin Gordhan, announced that the foreign capital allowance for private individuals (resident in South Africa) is increased to R4million per resident per annum. This allowance is subject thereto that the resident obtains a tax clearance from the South African Revenue Services...
South Africa's New Skills Strategy
The key driving force of this strategy is improving the effectiveness and efficiency of the skills development system. The emphasis is particularly on those who do not have relevant technical skills or adequate reading, writing and numeracy skills to enable them to access employment...
Immigration
 

Permanent Residency - On What Grounds Can I Obtain It?
Permanent Residency is the status most foreigners who decided to stay in South Africa aim for. It does not only offer security for future planning but also a certain level of flexibility at a later stage. The current legislation allows for foreigners to apply for permanent residence on the following grounds...

Legal
 
When a Booked Function is Cancelled: The New Consumer Act Says...
Cancellation of a booked event can cost a caterer, hotel or any other venue facility a great deal in the way of wasted time and costs. Those in the hospitality industry may find it alarming that the Consumer Protection Act affords consumers the right to cancel any advance bookings and reservations...

Legally Speaking – Snippets of Law - Provided by STBB ‘Legally Speaking” are thought provoking snippets or newsflashes of law for your interest...

Risk
 
CO2 Emissions Tax - How Does It Affect You?
A 'green tax' will be levied on all new, light commercial vehicles, including passenger vehicles, with effect from the 1st September 2010, and on double cabs and bakkies from the 1st March 2011, it is imperative to understand the CO2 Emissions Tax, and how it will work and how it affects anyone buying a new vehicle whether for business or private use...
Properties
 
A wide selection of Lodges, Guesthouses and Hotels available
Here you will find the most recent hospitality properties on offer through Pam Golding Hospitality
 
Are you an investor who is keen to explore business opportunities in the African hospitality sector, or perhaps a hotel developer/operator seeking a business partner. It could also be that you generally follow global trends in hospitality, and are interested in knowing more about the sectors’ future prospects. If this sounds like you, then talk to our HPASA partners. HPASA partners offer world class, turnkey solutions to the business of hospitality.
Click here to find out more
 
Hospitality Business Hub is the newsletter of the Hospitality Partners Association, a partnership of 5 highly respected companies and individuals, all of whom have proven themselves leaders in business and in the hospitality sector, and as a partnership can offer turnkey solutions to all small and large hospitality and tourism businesses in South Africa from local and international investors and
Hotel Operators worldwide.
 
Hospitality Partners Association, Monterey, 12-14 Klaassens Road, Bishopscourt, Cape Town, 7708.
South Africa


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