Hotels and lodging and meeting facilities
The market for hotels and lodging in the Eastern Cape is worth about R136 million, which is a significant opportunity for your business. However, it's worth noting that this market isn't growing, with zero year-on-year growth, so you'll need to compete for a share of the existing spend. With 51 suppliers already serving 13 government departments, it's a fairly crowded space, but there is a strong favour towards black-owned businesses, with about 66% of the allocation going to them. The Department of Tourism is likely one of the key departments driving this spend, and smaller companies, particularly those with black or women ownership, may have an advantage. If I were you, I'd focus on building relationships with the key departments and highlighting your business's ownership structure to gain a competitive edge.
R136M
51
13
R689K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
65.7%
36.0%
8.6%
0.5%