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The estimated R1 billion in bookings lost by the South African tourism and hospitality industry in the first 48 hours of being added to the UK's so-called red list of strict travel regulations at the end of November is likely a drop in the ocean compared to what has been lost over the past three weeks while it remained on the list, according to Rosemary Anderson, chair of the hospitality body Fedhasa.
The UK is SA's biggest overseas tourism source market. The Tourism Business Council of SA, which represents the private sector, estimates that the South African tourism industry loses around R26 million every day that South Africa is on the list.
This is similar to estimates by the World Travel & Tourism Council (WTTC) that the SA economy loses about R790 million a month in lost visitor spend while being on the UK's red list.
