The V & A Waterfront has issued a commemorative issue of its Winter 2021 magazine to honour ‘30 years of hope, connection and the best of the V & A’.
It is a reflection on the history of the establishment of the Waterfront in 1990 as well as its growing expansion and development, the harbour area which has become South Africa’s most popular tourist attraction. Continue reading →
Tourism, Food, and Wine news headlines
* Moody’s has downgraded our country’s debt rating to Baa2, one level lower, due to ‘poor growth prospects and rising public debt’, a rating on a par with the company’s ratings of Russia and Brazil, and two notches removed from ‘junk status‘. Electricity shortages were highlighted as one specific reason for the downgrade.
* The Volvo Ocean Race yachts have arrived in the V&A Waterfront, and a host of activities are planned until the yachts head for Abu Dhabi on 19 November. Only seven teams are participating in the world’s leading offshore sailing race covering four oceans and five continents. An inaugural Open Ocean Festival runs in this period, but has been very poorly publicised (shoppers to the V&A Waterfront received brochures yesterday as they entered the underground parking). Events of the Festival include the Open Ocean Film Festival this weekend, Fly Boarding today, Xtreme Water Polo from 10 – 12 November, Canoe Polo today, a Sunset Mile open ocean swim on 12 November, and the third day of the IRC National Regatta today.
* Waterford Wine Estate has been named a Global Winner in the categories Wine Tourism Service and Sustainable Continue reading →
Tourism, Food, and Wine news headlines
* SAA would consider a partner to assist it in running its loss-making operation, the Minister of Public Enterprises Lynne Brown said earlier this week. The airline’s application for more funding was recently rejected.
* Wines of South Africa (WOSA) has opened a Hong Kong office to market our country’s wines to all of Asia, and will be managed by Michaela Stander, who has managed the region from South Africa for the past six years. South African wine sales into China grew by 5% and to Japan by 12% in the past year. The marketing program includes consumer education, a sommelier competition, dinners, and offering wines by the glass. It will be visible at the HKTDC fair in Hong Kong next week, and at ProWein China from 12 – 14 November.
* The 40th annual Volvo Ocean Race of 39000 nautical miles, will welcome the first yachts into Cape Town on Sunday, Continue reading →
The City of Cape Town has lost 12 bids for new Events for Cape Town in the past six months, and has lost two existing events to other cities, said Anton Groenewald, Executive Director of the City of Cape Town Tourism, Events, and Marketing Directorate, at the Annual General Meeting of Cape Town Tourism two weeks ago.
According to Southern African Tourism Update, Groenewald blamed the ‘City’s limited bidding budget‘ and the stronger international currencies of other bidding countries for the poor track record. The weaker Rand this year affected the costs of bidding for international events, he said: ‘Exchange rate fluctuation impacts on our ability to bid because almost all competitive bids are in euros, pounds or dollars. This means that at the time of bidding earlier this year, the exchange rate was such that events and concerts at that time became financially unviable because the dollar or euro equivalent was more than we could absorb. Secondly, events and global brands are asking higher and larger fees because other city destinations are paying larger upfront fees to secure their participation. So a fee last year of R3,5m for an event has now increased to US$1,5m (R9,9m), because that is what another destination paid this global brand. We simply cannot compete at these rates. While Cape Town seems to enjoy international recognition and awareness as a destination, what we do not have is an increase in enquiries and how to convert this into purchases’.
Groenewald’s Directorate has a massive budget at R560 million, out of the Continue reading →