23 May 2023

Tourism recovers in Nambia ahead of peak season

WINDHOEK, May 22 (Xinhua) -- Namibia's tourist inflows increased in April, suggesting that the pillar industry of the country's economy is recovering from the COVID-19 pandemic, according to a research report released Monday.

The hotel occupancy rate in April reached 51.8 percent, compared with 36.5 percent recorded in the same month last year, said the report released by Simonis Storm Securities (SSS), an investment research firm, adding that it is the highest monthly occupancy rate so far this year.

According to the quarterly economic review, tourism is set to be one of the strongest drivers for the country's economy in 2023 as the South African nation is entering the peak tourism season spanning from May to September.

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Source: Xinhua