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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]

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.

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.

L2D’s Sandton City back to 85% of weekend shoppers

UPDATE
28 Sep 2020 /  Suren Naidoo   5
Recovery picks up following move to Covid-19 alert Level 1.

North Coast’s iconic Fairmont Zimbali Hotel enters business rescue

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

‘SA’s international tourist summer season may just have been saved’

UPDATE
17 Sep 2020 /  Suren Naidoo   24
Pandemic-hit industry hails the president's announcement of borders opening in October.

SA’s first Hilton Garden Inn to open at Umhlanga Arch

UPDATE
14 Sep 2020 /  Suren Naidoo   8
Durban developer goes ahead with launch, despite Covid-19.

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.

Level 2 rules allow restaurants to sell alcohol on weekends

UPDATE
17 Aug 2020 /  Suren Naidoo   12
Along with other surprises....

Table Bay Hotel and Sun City remain closed

UPDATE
4 Aug 2020 /  Suren Naidoo  
It still 'doesn’t make financial sense to open' with Covid-19 inter-provincial and international travel bans in place.

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