Table of Contents Executive Summary 2 Market value 2 Market value forecast 2 Market volume 2 Market volume forecast 2 Category segmentation 2 Geography segmentation 2 Market rivalry 2 Market Overview 7 Market definition 7 Market analysis 7 Market Data 9 Market value 9 Market volume 10 Market Segmentation 11 Category segmentation 11 Geography segmentation 12 Market Outlook 13 Market value forecast 13 Market volume forecast 14 Five Forces Analysis 15 Summary 15 Buyer power 16 Supplier power 18 New entrants 19 Threat of substitutes 21 Degree of rivalry 22 Leading Companies 24 City Lodge Hotels Ltd 24 InterContinental Hotels Group Plc 27 Marriott International Inc 30 Sun International Ltd 33 Macroeconomic Indicators 36 Country data 36 Methodology 38 Industry associations 39 Related MarketLine research 39 Appendix 40 About MarketLine 40

List of Tables Table 1: South Africa hotels & motels industry value: $ million, 2014-18(e) Table 2: South Africa hotels & motels industry volume: establishments, 2014–18(e) Table 3: South Africa hotels & motels industry category segmentation: $ million, 2018(e) Table 4: South Africa hotels & motels industry geography segmentation: $ billion, 2018(e) Table 5: South Africa hotels & motels industry value forecast: $ million, 2018-23 Table 6: South Africa hotels & motels industry volume forecast: establishments, 2018–23 Table 7: City Lodge Hotels Ltd: key facts Table 8: City Lodge Hotels Ltd: key financials ($) Table 9: City Lodge Hotels Ltd: key financials (ZAR) Table 10: City Lodge Hotels Ltd: key financial ratios Table 11: InterContinental Hotels Group Plc: key facts Table 12: InterContinental Hotels Group Plc: key financials ($) Table 13: InterContinental Hotels Group Plc: key financial ratios Table 14: Marriott International Inc: key facts Table 15: Marriott International Inc: key financials ($) Table 16: Marriott International Inc: key financial ratios Table 17: Sun International Ltd: key facts Table 18: Sun International Ltd: key financials ($) Table 19: Sun International Ltd: key financials (ZAR) Table 20: Sun International Ltd: key financial ratios Table 21: South Africa size of population (million), 2014–18 Table 22: South Africa gdp (constant 2005 prices, $ billion), 2014–18 Table 23: South Africa gdp (current prices, $ billion), 2014–18 Table 24: South Africa inflation, 2014–18 Table 25: South Africa consumer price index (absolute), 2014–18 Table 26: South Africa exchange rate, 2013–17

City Lodge Hotels Ltd InterContinental Hotels Group Plc Marriott International Inc Sun International Ltd