African Journal of Hospitality, Tourism and Leisure (Sep 2021)

Profiling Holiday Home Owners in Namibia

  • Petrina Haufiku-Makhubela,
  • Uwe P. Hermann,
  • Portia S. Sifolo

DOI
https://doi.org/10.46222/ajhtl.19770720-143
Journal volume & issue
Vol. 10, no. 3
pp. 972 – 986

Abstract

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Holiday homes have been part of the tourism industry over a period of years, but there is little documented research regarding holiday home ownership, its value and impact in Namibia, therefore, the study is significant to this topic. The main aim behind this research study is to profile holiday homeowners and identify their motivation for purchasing these homes in Namibia. The results of the study focus on exploratory factor analysis which outlines four motivational factors and the correlation results to determine the demographic and psychological characteristics motivating the ownership of holiday homes. The study concluded that most holiday homes are owned by high income earners, who purchased these homes in coastal towns for the purpose of investment, income generation and recreation. The study thus recommends that these results be made available to policy planners and researchers in the local authorities and other stakeholders, in order to assist with the articulation of policies and the creation of a framework to monitor the sustainable growth of holiday home ownership that benefits the community.

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