Travel and Tourism is on a fast rise to becoming one of Nigeria’s major contributors to the country’s GDP and one of the largest employers of labour, according to Jumia Travel 2018 Hospitality Report.
Africa’s leading online travel agency, Jumia Trave unveiled its 3rd Edition of Hospitality Report in Lagos; a report stakeholders find impressive considering the quality of data gathered.
Presenting the report to stakeholders yesterday in Lagos, Omolara Adagunodo, Managing Director at Jumia Travel said there is no doubt that the industry is gathering the needed momentum that would scale the Tourism and Travel industry in Nigeria.
From the report, Omolara said the Travel and Tourism was directly responsible for 1.9% (N2.3 billion in actual numbers) of the country’s total GDP (estimated at $1.118 trillion) and predicted to rise by 2.9% by end of 2018.
“But from a wider perspective, it’s estimated that between 2018 – 2028, Travel and Tourism will contribute 4.3% to the country’s GDP (N3.61 billion) year-on-year.”
According to Omolara, aside from the economy, the labour market (employment market) also benefited from the little dividends that the sector contributed.
“The number of direct jobs created by the sector peaked at 1.2 million compared to 651,000 in 2016 (1.6%), that’s 1.8% of total employment in the country. This is estimated to rise by 4.7% by end of 2018 to approximately 1.3 million jobs (1.8% of total employment).
Out of the N2.298 billion contribution of Travel and Tourism to the country’s GDP, leisure travel – both inbound and domestic – contributed 51% of the entire sum (N1.92 billion). On the other hand, business travel contributed 49% of the entire sum (N1.86 billion).”
Speaking at the launch of the report, Ikechi Uko, Organizer, AKWAABA African Travel Market said the gathering of data was critical to the development of the Travel and Tourism sector, showering encomiums that the report was not far from the truth.
“Last year, I questioned the 2017 Jumia Travel Hospitality Report but there is a tremendous improvement in what I have seen today,” Ikechi said. Adding that data remains an invaluable tool for the industry.
“This kind of report needs to be periodical. At least if we can be having this report every six months, it will give operators the amble information to make certain decisions and to know the position of things.
He lamented that paucity and inaccurate data are challenges to the industry. “I see some of the figures and as a stakeholder, I know they are falsified. In many cases you cannot marry some of those figures due to mismatch.”
The report also highlighted wifi as one of the criterion that defines a customers choice of hotel. Reacting to that, Ikechi advised hotel owners, irrespective of the difficult business environment wifi should be seen as an asset instead of cost.
“In fact having a wifi is a plus to any person running on hotel business. Before a customer has access to the wifi, redirect the customer to a landing page which adds to the visibility of the business in terms of website visit. So, every hotel should have a wifi,”he said.