Hotels and Leisure

Gooderson earnings slide as revenue grows

Specialist hotel group Gooderson Leisure Corporation has experienced some disappointing years since it relisted on the JSE in 2006. ... Full story

Tsogo Sun to acquire Sunwest, Worcester Casino for R1.35bn

Tsogo Sun is in the process of buying 20% stake of Sunwest International and Worcester Casinos for R1.35bn from Sun International and Grand Parade Investments, the company announced recently. ... Full story

International Hotel Group eyes listing on JSE’s main board

International Hotel Group (IHL)‚ which recently released its half-year financial results, plans to move from the AltX to the JSE’s main board. ... Full story

Tsogo rides casino wave at Suncoast

Results from Tsogo Sun, the casino and hotels group controlled by empowerment giant HCI, suggests the tables are turning for the local casino sector. ... Full story

Hospitality offers Tsogo Reit benefit

Gaming and leisure group Tsogo Sun is set to gain the income benefits of having a portion of its hotel assets in a real estate investment trust structure when it gains control of Hospitality Property Fund. ... Full story

New Hotel projects popping up in Africa

Multiple new hotel developments are popping up throughout Africa — another sign of the continent's emergence as a prime destination for business and leisure travelers. ... Full story

Tsogo looks to Hospitality Property Fund tie-up

Following its recent SunWest International and Worcester Casino acquisitions, Tsogo Sun is planning to capture 50% of Hospitality’s ordinary shares. ... Full story

Sun International abandons Peermont acquisition

Sun International tells the Competition Tribunal it is abandoning its proposed R9.4bn acquisition of Peermont. ... Full story

Tsogo Sun in Cape casino owner revamp

Tsogo Sun and Sun International resuscitate plans for a reshuffling of casino ownership in the Western Cape. ... Full story

Hospitality green light mooted over Tsogo share deal

Hospitality Property Fund’s shareholders are likely tomorrow to vote in favour of a new capital structure and a share deal that will see it become the hotel arm of gaming and leisure group Tsogo Sun. ... Full story

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