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2016-11-21T00:00:00.000Z

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Ms. Lee-Anne Bac

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Background Information

Employment History

Principal

Grant Thornton BEE Verification

Affiliations

The Governing Board Member
GTTP SA

Advisory Board Member
Africa Hotel Investment Forum

Member of the Committee of the Property Network
Gauteng

Web References (163 Total References)


About Us | The Global Travel & Tourism Partnership South Africa

gttpsa.org [cached]

Ms Lee-Anne Bac - Â Principal at Grant Thornton

...
LEE-ANNE BAC Principal at Grant Thornton Strategic Solutions
...
Lee-Anne Bac is a director of the Grant Thornton research-based consulting service line and is a strategic research expert. She joined Grant Thornton in 1997 and was appointed a director in 1999. Lee-Anne is responsible for feasibility studies, business plans, economic and social impact assessments, business valuations, market and social research, human resource development strategies, skills needs and demand assessments, property consulting and strategic management consulting.


The Team | The Global Travel & Tourism Partnership South Africa

gttpsa.org [cached]

Ms Lee-Anne Bac - Â Principal at Grant Thornton

...
LEE-ANNE BAC Principal at Grant Thornton Strategic Solutions
...
Lee-Anne Bac is a director of the Grant Thornton research-based consulting service line and is a strategic research expert. She joined Grant Thornton in 1997 and was appointed a director in 1999. Lee-Anne is responsible for feasibility studies, business plans, economic and social impact assessments, business valuations, market and social research, human resource development strategies, skills needs and demand assessments, property consulting and strategic management consulting.


Africa Hotel Investment Forum

www.africa-conference.com [cached]

Lee-Anne Bac

Principal, Grant Thornton


Governing Board | GTTPSA

www.gttpsa.org [cached]

Inserts: Lee-Anne Bac, Lulamile Stuurman

Some of the members of the Governing Board are profiled below:
________________________________________________________________________
GRANT THORNTON STRATEGIG SOLUTIONS
LEE-ANNE BAC
Lee-Anne Bac is a director of the Grant Thornton research-based consulting service line and is a strategic research expert. She joined Grant Thornton in 1997 and was appointed a director in 1999. Lee-Anne is responsible for feasibility studies, business plans, economic and social impact assessments, business valuations, market and social research, human resource development strategies, skills needs and demand assessments, property consulting and strategic management consulting.


This is a decline of 1600 ...

www.tourismtattler.com [cached]

This is a decline of 1600 tourists - or four jumbo jets - per day," says Lee-Anne Bac, Director, Advisory Services at Grant Thornton.

...
Bac adds that this loss of foreign tourists excludes the levels of growth that South Africa should have experienced during the same period.
"If we had experienced modest growth of 5% for the quarter, then the total number of foreign tourist arrivals to end March 2015 would have been 2,6 million. So, if we include the expected growth expectations in our estimations, South Africa actually lost 265 000 foreign tourists (and not 150 000) in the first three months of the year and therefore the loss of direct spend in our economy (Foreign Direct Investment) would have been R2,8 billion," she continues.
...
Bac says that during the first quarter of 2009, when the world was in deep recession, South Africa recorded a 2.5% drop in tourist arrivals for the same period.
...
"Based on global tourism forecasts for 2015, South Africa should not be experiencing these levels of decline" says Bac. "South Africa appears to be 'bucking the global trend' at the moment."
She cautions that there will be far reaching implications resulting from this dramatic decline, and most notably a price squeeze will result as tourism product owners fight for a shrinking foreign tourism market and a price sensitive domestic market.
"There will most definitely also be job losses especially in niche tourism operators that focus on specific foreign tourism markets i.e. China and India," Bac continues.
Bac adds that the recent Xenophobic attacks in South Africa are not to blame for the decrease in foreign arrivals because these only flared up towards the end of the first quarter this year, which was after the period under review.
"The decline could be attributed in part to the aftermath of the Ebola virus which affected West Africa," says Bac.
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This caused confusion and complications in the market," says Bac.
...
One can only imagine what the new Birth Certificate legislation will do to our arrivals in the coming months, since its implementation came into effect on 1 June this year," Bac concludes.

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