
Listen! Betting on SA's grand hotel recovery
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Amidst the aftermath of the pandemic, South Africa's tourism sector is experiencing a revival. Club Med plans to build its first South African resort in KwaZulu-Natal. The move is being taken as a signal for renewed investor interest in local travel and tourism. The decision also comes despite challenges like load-shedding and high interest rates. Business Day TV spoke to Financial Mail's Giulietta Talevi for more detail.