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.

AltX-listed MAS Real Estate said on Wednesday its capital raising in February had been "very successful".

The R250bn listed property sector, one of the JSE's most active in terms of merger, acquisition and listing activity in recent years, saw deal flow surge a whopping 60% last year.

Sun International reports a 20% decline in diluted HEPS to 325c for the 6 months ended December 2013 from 408c a year ago.

Redefine International will place 86.64-million new shares‚ representing 7.5% of the company’s issue share capital, says group. 

Ankerdata who have been working closely with the operations team at Hotel Verde and BON Hotels on the property management system protel for "Africa's greenest hotel" may very well be able to claim a world first in hospitality software technology.

Thursday, 20 February 2014 09:20

The Don Group to delist from JSE

The Don Group will delist from the JSE after buying out minorities.

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