Namibia’s hospitality economy continues to expand

SOURCE SIGNAL

The Namibia Statistics Agency reported that the Hotels and Restaurants sector grew by 2.8 percent in real value added during 2025, following growth of 3.7 percent in 2024.

Both components of the sector contributed to the result: hotels recorded growth of 2.4 percent while restaurants grew by 3.6 percent during the year.

COUNTRY IMPACT

Continued growth in hospitality contributes to Namibia’s broader service economy and reflects ongoing demand for accommodation, food services and visitor-related activity.

Hospitality demand can also interact with aviation, business travel, tourism, conferences, investment activity and regional connectivity. Over time, these interconnected activities can create requirements extending beyond traditional tourism destinations to strategically located commercial and transport nodes.

RELEVANCE TO SUNGATE

Sungate is not itself a tourism destination and growth in Namibia’s hospitality sector does not guarantee accommodation demand at the development.

Its position adjacent to Namibia’s principal international airport does, however, place it within the movement of international visitors, business travellers, aviation personnel and companies supporting the wider airport and commercial economy. As activity develops, this can create potential for accommodation, food services, conferencing and related hospitality uses within a mixed-use environment.

SOURCE

Namibia Statistics Agency — Annual National Accounts 2025, 26 March 2026.

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