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LATEST NEWS FOR Tsogo Sun Hotels Ltd.  

Tsogo Sun Hotels is the leading hospitality company in southern Africa. Combining an established 50-year heritage with a professional and energised approach, the group proudly encompasses over 100 hotels offering 19 000 hotel rooms across all sectors... [more info]

Tourism bosses want SA off UK traveller ‘red list’ this week

14 Sep 2021 /  Palesa Mofokeng   9
Say drop in Covid-19 cases and increased vaccine rollout means SA qualifies for ‘amber status’.

City Lodge losses widen but CEO hopes worst of the pandemic is over

13 Sep 2021 /  Roy Cokayne  
Andrew Widegger says it will take time for operations to return to pre-Covid levels and back to break-even.

Zimbali learning curve for Capital Hotels founder Marc Wachsberger

10 Sep 2021 /  Suren Naidoo   1
Hotelier chats about the business rescue deal for the resort hotel costing more than anticipated and gives an update on other opportunistic investments in the tourism industry in the face of Covid-19.

South African troops to be deployed to troubled Mozambique

20 Jul 2021 /  Jan-Jan Joubert   26
SADC will soon have 'boots on the ground' in Cabo Delgado.

New window for UIF Ters applications now open

20 Jul 2021 /  Palesa Mofokeng   1
For those impacted by the Level 4 lockdown such as the tourism, hospitality and liquor sectors.

SA alcohol industry wants R1.5bn excise tax holiday

6 Jul 2021 /  Moneyweb   5
Due to latest liquor ban under lockdown Level 4.

Comair will temporarily suspend all flights for 3 weeks

2 Jul 2021 /  Suren Naidoo   1
Due to the Covid-19 third-wave surge and current alert Level 4 lockdown restrictions.

Ters support is a ‘must’ for struggling tourism sector right now

2 Jul 2021 /  Suren Naidoo   6
Return to Level 4 lockdown has dealt a further blow to workers in this hard-hit industry.

Does travel and leisure offer phoenix-like opportunities?

29 Jun 2021 /  Simon Brown  
‘If I was looking to go bargain-hunting in restaurants ... surely the better entry is through the listed hospitality sector’, says Gary Booysen from Rand Swiss.

Is rand strength an opportunity?

29 Jun 2021 /  Simon Brown   2
Rand Swiss's Gary Booysen takes a look at local leisure stocks. Greg Strachan from Alpha Wealth, talks managing offshore investments as the rand strengthens. Invicta CEO Steven Joffe unpacks results.

Sun International announces temporary closure of all casinos and hotels

28 Jun 2021 /  Suren Naidoo   8
Due to Covid-19 alert Level 4.

Bidding farewell to one of business’s giants

21 Jun 2021 /  Busi Mavuso   7
Jabu Mabuza’s role in uniting business to work with partners in government and civil society reflected the stature he commanded across the country.

1 000 jobs cut at Tsogo Sun Hotels amid Covid-19 financial fallout

28 May 2021 /  Suren Naidoo   10
Group reports revenue plunge of R3.3bn and R177m full-year operating loss.

Flight prices surge and some hotels are fully booked for Easter

1 Apr 2021 /  Suren Naidoo   5
Last-minute domestic bookings give a much-needed boost to the travel industry.

Does some value lurk in SA’s leisure stocks?

23 Mar 2021 /  Simon Brown  
City Lodge ‘trades 80% less than the value of its assets, and that's what makes this one so interesting to me. I don't think it's going to go bankrupt’: Chantal Marx, head of research, FNB Wealth and Investments.

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