World Cup: fewer visitors to spend more

source: SouthAfrica.info
22 April 2010

Updated projections on the economic impact of the 2010 Fifa World Cup released by global audit and advisory firm Grant Thornton indicates that there are a number of reasons for South Africans to be optimistic.

“We have revised the figures post the world-wide recession and major ticket sales phases, and some of the numbers are encouraging,” said Grant Thornton Strategic Solutions principal Gillian Saunders in a statement this week.
Staying longer, spending more

Although Grant Thornton’s projected number of World Cup visitors is 373 000, down from 483 000, it is expected that many of the visitors will stay longer and spend more.

“Indications are that overseas tourists will stay an average of 18 days compared to the 14 days used in the original projections,” said Saunders. “Average overseas tourist spend per trip is [continue reading]

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