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PhocusWire All News·· 2026-04-01

South Africa's $2.5B online travel market attracts new wave of homegrown tech

South Africa’s $2.5B online travel market attracts new wave of homegrown tech | PhocusWire

AI Overview

South Africa's online travel market was valued at $2.54 billion in 2024, projected to reach nearly $6 billion by 2033. 57% of Africa's tourism tech VC investment flowed into South Africa, over $3.1 billion between 2019-2024. Nearly half of South Africans use AI for travel planning, and two-thirds of hoteliers have an AI strategy.

Source:PhocusWire All News · phocuswire.com