AFRICAN Sun Limited (Afsun) says outlook for the tourism sector remains uncertain as disruptions from the Covid-19 pandemic have persisted.
In a trading update last week, the hospitality group said the contagion had brought about uncertainties, which makes it difficult to forecast future performance, even in the short to medium term.
“The group anticipates continued disruption to travel and tourism in the months ahead due to the Covid-19 pandemic, as the future is very uncertain,” Afsun said.
“The full year to December 31, 2021 performance will be anchored on domestic business with government, NGO and corporate business being the main drivers, it is encouraging that we have noted an improvement in domestic leisure travel post lockdown.”
Revenue for the five months closed at $739 million (inflation adjusted), six percent ahead of the revised budget and 41 percent below the same period for the full year to December 2019, largely due to the impact of Covid-19.
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