Its time for the Hollywoodbets Durban July , when the premier horse race of the year takes place on the first Saturday of July.
The Hollywoodbets Durban July is a major event on the KZN calendar and a drawcard that brings people from across South Africa and beyond to Durban. It is an event that has a huge economic impact on the city.
According to the Economic Development and Planning Committee in eThekwini Municipality, this year Durban expects about 45,000 visitors for the main event at Greyville Racecourse in Durban and 20,000 visitors to attend the side events.
The direct spend estimated at the main event is expected to be R271 million, with a total of R670 million contribution to the eThekwini GDP.
The total number of jobs created around the Durban July is estimated to be 5,000. The expected accommodation occupancy rate is 78%.
