The long-awaited Tourism
Sector Code on black economic
empowerment was published in the
Government Gazette and was effective as
of 22 May 2009.
| It applies
to all accommodation, hospitality,
travel and related services
including: |
|
| • |
B&B’s |
| • |
Guesthouses |
| • |
Game lodges |
| • |
Backpackers |
| • |
Restaurants |
| • |
Professional
catering |
| • |
Tourist guides,
etc |
|
|
 |
| How does
it affect you? |
| |
| • |
In terms
of the Generic Codes,
a threshold of a turnover
of R5 million applies
before an enterprise must
comply with the Codes. |
| • |
However,
the highlight of the
Tourism Sector Code
is that it has reduced
this generic threshold
to all tourism enterprises
with a turnover of R2,
5 million or more. |
| • |
This decrease thus
seeks to ensure that
a significant number
of enterprises doing
business in the tourism
industry will need to
comply with the Tourism
Sector Code. |
| • |
The Qualifying
Small Business
Scorecard
applies to all tourism
businesses with a turnover
of R2, 5 million to R35
million. |
|
 |
The
Scorecard
Thus should a
tourism business with
a turnover of R2, 5 million
or more be scored in terms
of the Code, it can select
any four
of the following seven
elements for inclusion
in its Scorecard: |
| |
| 1. |
Ownership |
| 2. |
Management and
Control |
| 3. |
Employment equity |
| 4. |
Skills development |
| 5. |
Preferential procurement |
| 6. |
Enterprise development
|
| 7. |
Socio-Economic
Development Contributions
|
|
|
| Scorecard
Notes |
| |
| • |
All elements
carry an equal weighting
of 25%. |
| • |
Under Ownership,
bonus points are allocated
for the involvement
of black women in the
enterprise and for the
involvement of black
participants in an Employee
Ownership Scheme. |
| • |
Under Management
and Control, bonus points
are allocated for black
women representation
at top-management. |
|
Sourced from Exceed |
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|
HICA
2009 FEEDBACK REPORT
By Joop Demes, CEO Pam Golding Hospitality |
| |
 |
‘HICA 2009
was the third annual convention and
without doubt the best since it inception
in 2007.'
Record Attendance
It had a record attendance with
close to 300 participants including
the leading local, regional
and international Hotel Operators
and Brands. It provided a perfect
networking opportunity with
not one single negative comment
or reference that I received
during the conference or afterwards.
|
|
How
are we doing?
It had really fascinating and
very relevant topics debated
by some 70 experts. The big
question, of course, on every
body’s minds was, ‘How
are we doing in Africa compared
to the rest of the world and
are there still opportunities?
Here
are my thoughts:
When one analyses
the global hotel market,
it is quite common to
divide the world into
four regions; |
| |
| 1. |
Americas,
|
| 2. |
Asia Pacific |
| 3. |
Europe |
| 4. |
Africa combined
with the Middle
East as the fourth
region. |
|
Four Regions = 15 Key Areas
The four regions are
divided into 15 key areas and
Africa’s performance is
generally split between Northern
Africa and Southern Africa –
constituting 2 out of the 15
key areas in the world.
Sharp Decline
The world is indeed quite a
different place compared to
12 months ago and Revpar’s
around the world have generally
been in sharp decline.
Revpar Explained
For the benefit of all the readers,
Revpar is defined as Revenue
per Available Room, the product
of occupancy and achieved rate,
or in simple terms the turnover
in the rooms department of a
Hotel.
Interesting
Facts
Africa’s performance
and resilience from a
Revpar point of view continues
to surprise many –
let’s examine some
interesting facts
when we compare the first
nine months this year
to the first nine months
last year: |
|
| |
| 1. |
The
September 2009 STR
global report shows
the region referred
to as Africa &
The Middle East
with the highest
year to date Revpar
figure calculated
in US Dollars –
a figure that out
performs the Americas
with a huge margin
(almost 61%), Asia
Pacific with a considerable
margin (almost 32%)
and Europe by almost
14% |
| 2. |
Africa &
The Middle East
as a region shows
a percentage decline
in Revpar for
the first nine
months this year
compared to the
same period last
year that is about
half compared
to the percentage
decline in Asia
Pacific and Europe. |
| 3. |
Out of the
15 key areas in
the world Northern
Africa and Southern
Africa hold number
one and number
two positions,
if one considers
the area’s
that experienced
the least decline
in Revpar this
year compared
to last year. |
| 4. |
All of the previous
calculations and
observations are
US Dollar based
and are extracted
from an analysis
of the STR Global
report for September
2009. |
|
| “I don’t
necessarily agree with
the calculations in US
Dollars and I am of the
opinion that we have in
fact done even better
than this.” |
| SA
Revpar Calculations |
| |
| • |
The
average Revpar in
South Africa as
a country was reflected
by STR as R486 for
the first nine months
this year compared
to R533 for the
same period last
year. |
| • |
This is a decline
of 8,9% in local
currency, which
is not bad at
all if one considers
increased room
inventory to the
tune of 6%. |
| • |
From an accounting
point of view,
I would suggest
that we consider
the exchange rate
at reporting date
i.e. 30 September
2009 (R7.54 to
the dollar) compared
to 30 September
2008 (R8.29 to
the dollar) –
if one applies
this calculation
the result is
$64.5 at 30/09/2009
compared to the
ytd figure of
$64.3 September
last year –
marginal growth
as opposed to
a decline in US
Dollars. |
|
Conclusion
Are there opportunities
left, YES for sure, but
please do remember the
starting point for this
kind of investment will
have to be appropriate
research resulting in
a bankable
feasibility study.
Of course you need to
be selective in terms
of what you build, where
you build and who will
operate. This is where
Pam Golding Hospitality
can assist and add value. |
 |
Pam Golding
Hospitality comprises
Pam Golding Hotels,
Pam Golding Lodges
& Guesthouses,
Pam Golding Hospitality
& Tourism Consulting
and Pam Golding
Restaurants.
For further
information contact
Joop Demes of Pam
Golding Hospitality
on +27 (0) 82 883
2231 or email
him here |
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