Tourism is a massive source of Cape Town's income. If we don't attract tourists, we'll be without a provincial government, never mind a drought. My clients operate in the luxury hotel industry. The luxury hotel industry alone (excluding B&B's, guest houses, four stars etc) in CT is worth hundreds of millions. Yes, most of it goes abroad, but without tourism we wouldn't attract foreign investment in that sector at all. Very few locals can stay in a hotel room that is 20-30k per night. Trust me, that is the median price this time of year. The VVIPs that stay in a luxury hotel spend around R5 mil over a two week period at the hotel as they bring over their entire families. The low-level staff only receive minimum wage, but tourist season is the only time they have work. And the amount of people that apply for these entry level jobs is astounding.
