Industry News

Easter Weekend Holiday Sees Independent Hotels In South Africa Secure 32% RevPAR Surge

Independent hotels in South Africa experienced a significant increase in revenue per available room (RevPAR) over the Easter weekend. 

According to data provided by RoomRaccoon, a leading hotel management platform that monitored hundreds of boutique hotels, B&Bs and guesthouses across the country, the average RevPAR measured R1632 over the long weekend –marking a 32% increase compared to the previous year – and peaked at R1908 on Saturday, 30 March 2024. 

ZA RevPAR Easter 2024

The surge in RevPAR comes as a result of a rise in occupancy rate (+6%)  and average daily rate (ADR), which reflected 26% growth over the Easter weekend holiday year-on-year – climbing from R2,035 in 2023 to R2,589 in 2024. 

Commenting on the data, Niels Verspui, Market Head of RoomRaccoon South Africa says: “The significant surge in RevPAR over the Easter weekend reflects a promising sign for the country’s hospitality industry as it heads into the quieter tourism season. However, with consumer spending tightening, hotels must explore innovative solutions beyond passing on increased costs to guests to maintain profitability.”

“Heading into the off-season, hoteliers should look at adding dynamic pricing tools to their tech stack. These tools can automatically adjust your rates across all sales channels in real time based on time periods, room prices, and availability with automatic yield rules. As a result, you can strike the perfect price point for supply and market demand and avoid turning guests away by pricing yourself out of the competition.”

About RoomRaccoon

RoomRaccoon is an award-winning Hotel Management System trusted by thousands of independent properties across the globe. RoomRaccoon’s cloud-based platform empowers hoteliers and accommodation providers with a comprehensive range of products and solutions to increase revenue, streamline operations, and enhance the guest experience. And with over 400 integrations, RoomRaccoon is one of the most connected solutions on the market. Founded in 2017 by a hotel owner and tech specialist, RoomRaccoon was awarded the Best Hotel Management System in the World by Hotel Tech Report in 2020 and 2021. 

For more information visit roomraccoon.co.za

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