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LATEST NEWS FOR Hospitality Property Fund Ltd.  

The Company is a Real Estate Investment Trust (REIT) listed on the JSE Ltd. (JSE) and domiciled in the Republic of South Africa. The Company is the only specialised REIT in South Africa investing in the hotel and leisure sector, providing investors w... [more info]

Worries and disappointments amid the eerie quiet of new year

4 Jan 2021 /  Ann Crotty   5
Dismay for Brait and Hospitality Property Fund shareholders, and a renewed threat of derivative action against some Eastplats directors – but a strengthened source of non-southern African revenue for Spar Group.

Tsogo Sun says Durban ‘is the strongest hotel market in SA’

17 Nov 2020 /  Suren Naidoo   5
Has reopened all of its hotels in the city, but only around 60% of those in Cape Town and Joburg.

Tourism bodies say ‘red list’ must be scrapped

21 Oct 2020 /  Suren Naidoo    24
Will damage the country’s reputation among its major international tourist source markets.

A look at money market funds and SA’s worrying debt trajectory

8 Oct 2020 /  Simon Brown  
FNB's Chantal Marx on the Pick n Pay update - who’s losing market share? And the possible Tsogo Sun Hotels/ Hospitality deal. Cannon's Samantha Steyn talks money market funds. Morningstar's Eugene Visagie on how SA must overcome its slow economic growth.

North Coast’s iconic Fairmont Zimbali Hotel enters business rescue

UPDATE
17 Sep 2020 /  Suren Naidoo   7
Amid Covid-19 economic fallout.

Mount Grace is reopening, as are more Tsogo Sun hotels

8 Sep 2020 /  Suren Naidoo  
Expected to benefit from pent-up demand for local leisure travel following the easing of lockdown restrictions.

Listed property sector languishing 40% lower this year

5 Aug 2020 /  Suren Naidoo   9
The industry is facing its worst annual performance yet.

Tsogo Sun to buy additional shares in Hospitality Property Fund

3 Jul 2020 /  Emma Rumney, Reuters  
Size of stake not disclosed.

Historic Edward and Mount Grace hotels to reopen under Tsogo Sun

22 Jun 2020 /  Suren Naidoo  
After Marriott International terminates management agreement in wake of Covid-19 economic fallout.

Covid-19 recovery will take years – Tsogo Sun Hotels CEO

UPDATE
1 Jun 2020 /  Suren Naidoo   5
March was 'a catastrophe', with the start of lockdown resulting in the total closure of its portfolio.

Tsogo Sun cautious on hotel sector recovery in 2020

27 Nov 2019 /  Suren Naidoo   1
But the hotel group's CEO says there is enormous longer-term upside potential for tourism growth in SA.

Tsogo Sun’s interest bearing debt up 6.1%

21 Nov 2018 /  Arnold Segawa  
Adjusted headline earnings per share for six months to September 30 flat at 78.8 cents.

Five things making headlines in South Africa today

21 Nov 2018 /  Moneyweb  
Lewis Group, Peregrine and Hospitality Property Fund results, October inflation rate, Mr Price makes changes to board.

Tsogo Sun calls off casino and hotel sale

12 Nov 2018 /  Tanisha Heiberg, Reuters    1
The sale is being called off due to a lack of support from shareholders.

Five things making headlines in South Africa today

15 Oct 2018 /  Moneyweb  
Adcorp and Balwin Properties results, Tsogo Sun disposes casino precinct, Steinhoff requests extension for LUA, Discovery divulges client information.

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