Wilderness revenue up as Ebola fears subside
Tuesday, October 25, 2016
The group, which operates 45 safari camps and lodges, and 10 scheduled overland safaris in Botswana, Congo, Kenya, Namibia, Seychelles, South Africa, Zambia and Zimbabwe, said its revenue increased by 19% to P642 million this year compared to P539 million in 2015. “The group has delivered pleasing trading results for the first half of the year on the back of a recovery in international travel within Africa following the end of the Ebola virus. The global terrorist threat and the Zika virus in South America also impacted as they contributed to the market’s perception of southern Africa as a safer and more attractive destination compared with the rest of the world,” Wilderness said.
The increase, according to the group, was driven mainly by the change in sales mix with a 12% increase in contribution by the classic camp category. The group recorded a 66% occupancy rate compared to 64% in 2015. Overall bednight sales increased by 14% to 89,309 from 78,307 in 2015, excluding Governors’ bednight sales, which increased by three percent. Wilderness recently bought a 51% stake in Governors’ camp in Kenya.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...