• Hotels, airlines, restaurants warned against World Cup greed - 08 Dec 2009
  

South African soccer and tourism officials are warning hotels, airlines and restaurants not to hike prices during next year's World Cup. Tourism official Calvyn Gilfellan said Thursday he worries that viewing the month long event as a cash cow will harm South Africa's burgeoning tourism industry. Tourism officials say they fear visitors will be put

off by exorbitant costs as hotels and guest lodges hike prices by up to 400 percent.

South Africa is expecting a tourist boom during the FIFA world cup close to 500,000 visitors and spending of about $850 million. Any price hike could harm industry as a whole. South Africa is not only aiming for the visitors to explore the country at the time of World Cup but it is also expected that the same tourists are likely to come back again. This could be negatively affected by the high prices.

Source AP