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

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.

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Impact and considerations

South Africa's online travel market is growing rapidly with homegrown tech rising, offering insights for global travel tech investment.

Key points

  • Market valued at $2.54 billion in 2024
  • Projected to reach nearly $6 billion by 2033
  • 57% of Africa's tourism tech VC investment in South Africa
  • Nearly half of South Africans use AI for travel planning
  • Almost two-thirds of hoteliers have an AI strategy

Sources and time

Primary source
PhocusWire / Phocuswright
Other sources
0
First source publication
1 Apr 2026, 16:00
Page published
14 Aug 2026, 08:09
Last updated
1 Apr 2026, 16:00
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