Stakeholder Notices

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

The SOUTH AFRICAN AUTOMOTIVE WEEK is an international trade show based in Africa's manufacturing center - Port Elizabeth. Read more...




Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Please click here for the Awards entry form 2012..
Closing date: 05 June 2012


Join the South Africa - China Expos 2012

Join the South Africa - China Expos 2012

The Department of Trade and Industry (the dti) will be hosting exhibitions in the cities of Beijing and Shanghai from 4 - 9 October 2012. This is an opportunity for South African companies to explore the Chinese market and gain inroads into Asia. Read More...

Eastern Cape SMME Summit 16 & 17 November 2011

Eastern Cape SMME Summit 16 & 17 November 2011

Please click here to view presentations made at the SMME Summit on the 16th and 17th November 2011.
Click here for the MEC's Speech...
Click here for Dr Tom's Speech...


Eastern Cape Community TV (ECCTV) Provincial Initiative

Eastern Cape Community TV (ECCTV) Provincial Initiative

- Production Training (Radio & Television Documentary Training)... Please click here to apply...
- 1st AGM. Date to be confirmed. Click here to download the Draft Programme...
- ECCTV Provincial Steering Committee to rollout a Community Mapping Exercise Read More...
Newsroom
Search:
Search
News Article - Tourism

Fish River timeshare selling fast


Posted on: Friday, 07 March 2003. Article source: Eastern Cape Business News

THE FISH RIVER Sun is proving to be a hit with holiday-makers. Half of the available time-share modules were sold in six months, according to Boardwalk Casino and Entertainment World general manager Graham Vass. The Boardwalk is owned by Emfuleni Resorts, which also controls the Fish River and Mpekweni Sun resorts. Sun International South Africa (SISA) manages the properties on behalf of Emfuleni. In terms of its gaming licence, The Boardwalk is required to cross-subsidise and support the two resorts outside Port Alfred. Both were affected when Fish River Sun lost its gaming licences nearly four years ago when the new provincial licence system was introduced. Last year the Eastern Cape Gambling and Betting Board granted permission for the Fish River Sun hotel to be converted into timeshare units. “We are very happy with the way sales of the timeshare have gone. One of our main motivations for the changes to the hotel was that the market demands more affordable, self-catering timeshare units rather than traditional hotel accommodation,” says Vass. A total of 1139 Fish River Sun modules were sold by Brian Stocks Properties between June 1 and the end of December last year, according to Vass. Both the Fish River and Mpekweni Suns have become favourite conference destinations for both corporates and government agencies. “Free sales” of rooms not being used by timeshare guests at the Fish River were boosted during October and November last year by a number of conferences. Conferences helped push Mpekweni’s occupancy up to 48 per cent in October and November last year, compared to 31 per cent during the same months in 2001. Room bookings are up in the first quarter of this year due to the World Cup Cricket games being played in East London and Port Elizabeth. Mpekweni is leased by Sun International From the Eastern Cape Development Corporation (ECDC) under a long-standing agreement. The improvement in occupancies at the two Eastern Cape resorts is reflected in the overall Sun International South Africa (SISA) results for the six months ended 31 December 2002. According to the results, which were released on Monday (Feb 24), better economic conditions, taken together with South Africa’s tourism growth overall, contributed to an increase in group revenues by 23 per cent to R1.92-billion. SISA Managing Director Peter Bacon said: “the group has benefited considerably from the upturn in South Africa’s tourism and leisure sector. In particular, South Africa’s image abroad is much improved, with Cape Town, for example, increasingly becoming a global destination of choice. Average group occupancy, reflecting buoyancy in the tourism sector, rose by 11 per cent to 76 per cent for the period, with Sun City at 78 per cent and the Table Bay at 71 per cent. The average room rate was 24 per cent ahead of last year.” Looking ahead, Bacon said that forward bookings were strong and the economic outlook much improved. He cautioned that a conflict in the Middle East could have an adverse impact on foreign tourism, but that of more concern from a South African perspective was the slowdown in economic growth of certain primary markets, particularly Germany, and also the United Kingdom and the US.

 
Article Tags:  No tags defined
 
Podcast
Subscribe to our Podcast
ECDC Xhosa Radio Ad
 

 
Get Flash Player
Ocean Terrace Park,Moore Street,Quigney, EAST LONDON
P. O. Box 11197, Southernwood, Eastern Cape, South Africa, 5213.
 
Tel: +27(0)43 704 5600
Fax: +27(0)43 704 5700
Email: info@ecdc.co.za
View all branches
Subscribe to our monthly newsletter and receive the latest news from around the Eastern Cape and Southern Africa.


Thu, 17 May 12
Queenstown
19°C
24°C
Bisho
20°C
22°C
Cradock
19°C
32°C
East London
23°C
25°C
Graaff-Reinet
20°C
27°C
Port Elizabeth
22°C
27°C
Port St Johns
25°C
28°C
Valid CSS! Valid XHTML 1.0 Strict