The CTICC yesterday welcomed South Africa’s national Minister of Tourism, Derek Hanekom, and provincial Minister of Economic Opportunities, Alan Winde, at the Joint Association Member Meeting (JAMMS) where members of associations within the industry discussed economic development within the sector.
Minister Winde, who provided one of the keynote addresses, delved into the economic benefit business tourism has on the local economy.
“Tourism is one of our fastest growing sectors and employs 204 000 people in the Western Cape. Annual foreign direct spend is worth R17.2 billion. We know that business tourists have a higher spend than leisure tourists. Each conference delegate spends an estimated R3 210 per day, according to Wesgro. Since 2014, we have secured bids worth R645 million. This has delivered significant growth and job creation benefits,” said Minister Winde. With the CTICC’s expansion set to open later in the year year, Minister Winder noted the additional value the expansion will bring. “The expansion of the Cape Town International Convention Centre, which is jointly funded by a range of stakeholders including the Western Cape Government, is also set to double the centre’s existing exhibition capacity. We will see an increase in the number and size of conferences resulting in more business travellers to our region,” Winde added.