HCI default bolster its large stake in Tsogo Sun after SABMiller disinvestment
HCI will by default bolster its large stake in Tsogo Sun after SABMiller confirmed a decision to disinvest from the gaming and hotels group.
Hotel business booming in Lagos
Tsogo Sun is South Africa's biggest hotel group, but it is its hotel in Lagos, the Southern Sun Ikoyi, that lays claim to the second-highest average room rate in the group, trailing only a boutique hotel in Seychelles.
Tsogo Sun continues drive to own hotels under management with R760m investment
Tsogo Sun continues its drive to own the hotels it manages‚ having increased its stake in the bulked-up Cullinan Hotel joint venture with Liberty Group for a net cost of
Hotel stocks offer a glimmer of hope
Hotel stocks have had a dismal four years but there are signs of a recovery
Tsogo Sun to revamp Gold Reef City, Silverstar
Listed hotel and casino operator Tsogo Sun announced significant expansion plans for its three Gauteng casino operations, following approval by the Gauteng Gambling Board.
Tsogo Sun invests R220m in Durban complex
Tsogo Sun says it will retain its commitment to Durban's 'Golden Mile' through a R220m refurbishment, consolidation and relaunch of the Southern Sun Elangeni and Southern Sun North Beach hotels into one complex.
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