Tsogo Sun delivers an 18% rise in adjusted headline earnings per share to 176.5c in the year to March‚ boosted by merger activity undertaken as part of its growth strategy.

Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the JSE market next month.

The former grande dame of Johannesburg hotels is set to open its doors as the Four Seasons Westcliff in December after a complete facelift

SA shareholders of Redefine International continue to be rewarded on both the income and capital growth front.

Sandton's bustling business hub is set for a major boost with the much-anticipated completion of Empire Executive Apartments and Hotel.

Total income for the tourist accommodation industry increases by 3.7% in February 2014 compared with February 2013.

Sol Kerzner is not retiring, even though the 78-year-old hotel magnate has sold out of the group that made him a global powerhouse and spawned some of the world's best-recognised hospitality brands.

Investment Corporation of Dubai buys 'significant' equity interest in Kerzner International Holdings.

Monday, 24 March 2014 13:09

Hotels show signs of recovery from slump

SA hotel industry looks to be emerging from its post-Soccer World Cup slump‚ occupancy and room-rate figures for last year show.

Soaring demand for hotel accommodation in Century City in recent years has increased the average annual occupancy to 73% necessitating additional hotel rooms be brought on stream, says Greg Deans, a director of Rabie Property Group, the developers of Century City.

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