Explore the world without breaking the bank
The initiative is aimed at making dream holidays more accessible.
Picture: iStock
Rising travel costs have made exploring new destinations difficult for many people.
Fortunately, organisations like the National Department of Tourism are stepping in with initiatives like Sho’t Left, designed to make travel more affordable.
Adding to these efforts, Rennies BCD Travel has introduced the Vacay Layaway programme to make dream holidays more accessible.
According to Stats SA‘s Tourism and Migration report for January 2024, the Department of Home Affairs data revealed that 3 033 431 travellers entered, exited, or transited through South African ports during the month. This includes 871 032 South African residents and 2 162 399 foreign nationals. Compared to December 2023, arrivals increased, while departures declined for South African residents and foreign visitors.
According to Rennies BCD Travel CEO Reece Oakes, rising financial pressures have made travel inaccessible.
He explained that the programme aims to remove common barriers to travel, such as high costs and complicated planning.
“South Africans and the South African economy are experiencing a cost-of-living crisis. Studies show that more than 10 million citizens are over three months behind on their payments, adversely listed, or facing judgements. As a result, travel has become an unattainable service.
“The programme was designed to meet the aspirational travel needs of those members of society who would love to travel but need a push to get there. When reviewing the current market offerings, a few of our competitors provide ‘travel now, pay later’ solutions or credit-based options. In a market saturated with negative debt, we aim for responsible spending on travel,” he said.
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How it works
Oakes explained that travellers choose a destination, estimate costs, and begin saving by purchasing vouchers on the platform.
Funds are stored in an account that can be topped up at any pace. Once their savings goal is reached, participants can book a customised travel package with no hidden administrative fees.
Oakes also highlighted that the programme is protected under South Africa’s Consumer Protection Act, which ensures fair practices and safeguards travellers.
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