Challenges and Opportunities for the tourism business growth within SADC region
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Transcript of Challenges and Opportunities for the tourism business growth within SADC region
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Challenges and Opportunities for the tourism business growth within SADC region
![Page 2: Challenges and Opportunities for the tourism business growth within SADC region](https://reader036.fdocuments.us/reader036/viewer/2022082817/56812b24550346895d8f2195/html5/thumbnails/2.jpg)
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 )
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- 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
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- 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
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