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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]

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.

Who actually works best from home?

23 Mar 2021 /  Simon Brown  
FNB's Chantal Marx takes a look at local leisure stocks. Anchor's Nick Dennis on how rising rates are killing the growth trade. Merchants' Mat Conn on how WFH is changing businesses

Despite cash constraints City Lodge opens new Waterfall City hotel

2 Mar 2021 /  Suren Naidoo  
Group reports after-tax loss of R550m for its half-year, as pandemic continues to affect occupancies.

Tourism and hospitality industry hail Covid-19 Ters extension to mid-March

UPDATE
12 Feb 2021 /  Suren Naidoo   9
Liquor sector also likely to benefit, including liquor retailers and pubs.

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.

Western Cape wants Ters benefit extended in hard-hit Garden Route

18 Dec 2020 /  Suren Naidoo   2
Reiterates province’s opposition to national government’s decision to close any of its beaches.

Soccer bosses buy Sun International’s Carousel casino licence

UPDATE
8 Dec 2020 /  Suren Naidoo   3
Complex to reopen next week under an interim management company, pending approval from the North West Gaming Board.

Markets react to another vaccine announcement and a look at Tsogo Sun Hotels’s results

17 Nov 2020 /  Simon Brown  
Kruger International's Mia Kruger talks markets as the Moderna vaccine is announced. Tsogo Sun Hotels CEO Marcel von Aulock on results after six months of lockdown. Octodec MD Jeffrey Wapnick discusses their full year results and its deferred dividend.

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.

Pension funds’ landmark legal victory and what it means

16 Nov 2020 /  Suren Naidoo   12
Regulation affecting billions in unclaimed benefits declared invalid.

Tsogo Sun Hotels warns of up to R1.8bn revenue slide

11 Nov 2020 /  Suren Naidoo   4
Due to the Covid-19 economic fallout.

Western Cape-focused Spear to exit hotels portfolio

2 Nov 2020 /  Suren Naidoo   1
Covid-19 has forced the group 'to forecast no income' from its hospitality assets for the current financial year.

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.

Pandemic: Germany added to SA’s high-risk list

UPDATE
19 Oct 2020 /  Suren Naidoo   12
Increase in Covid-19 infections curbs leisure travel to South Africa, barring visits of three months or more.

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