/Namibia: Tourism Performs Well in Q3 Amidst Challenges

Namibia: Tourism Performs Well in Q3 Amidst Challenges

Windhoek — The most recent tourism figures from the FNB/FENATA Travel Index indicate that during the third quarter of 2017 the index contracted by 5.7 percent in real terms. This decrease, however, was an improvement from -20 percent and -16.2 percent recorded in the previous two quarters as the industry enjoyed its peak season, underpinned by strong increase in tourist numbers and higher seasonal demand.

According to Josephat Nambashu, an analyst at FNB, an increase in tourist numbers was further pronounced in bed occupancy rates during the third quarter.

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