Hotels and Leisure

SA Hospitality Industry to benefit from Tourists spending

South Africa's Hospitality Industry is gearing up for a bumper festive season and set to benefit from more International and local visitor spending this year. ... Full story

Gauteng Hotels and Car rentals booked out ahead of Mandela’s funeral

Hotels and car rental companies nationally, particularly in Gauteng, are on a block-out booking, as South Africa prepares for the influx of people expected for former President Nelson Mandela's funeral. ... Full story

New hotel in Sandton on course for completion by 2014

177 Empire Place, the first hotel to be built in Sandton in the last four years, will be fully operational by the first quarter of 2014. ... Full story

Cape Convention Centre's set to expand despite city's gripes

The expansion of the Cape Town International Convention Centre (CTICC) looks set to continue despite recommendations by the City of Cape Town in September that it cancel the controversial R700m architectural tender. ... Full story

Tsogo Sun posts rise in earnings

Tsogo Sun Holdings (TSH) on Thursday delivered its financial results for the six months ended September 2013‚ reporting 20% rise in diluted adjusted headline earnings per share to 81.3c‚ from 68.0c a year ago. ... Full story

Sun International gets approval to run casino in Panama

Sun International (SUI) has received approval to operate a casino in Panama‚ triggering the purchase of three floors of the 70-story mixed-use Trump Ocean Club International Hotel and Tower on a freehold basis for $45.5m. ... Full story

S.Africa's Q3 Tourism Business Index bounces back

The 2013 third quarter results of the Tourism Business Council of SA (TBCSA) FNB Tourism Business Index (TBI) were better than expected‚ reaching a high of 116.1 — its highest performance since the survey began in late 2010. ... Full story

August total accommodation indicate income up 15.2%

Total income for the accommodation industry increased by 15.2% year on year in August, data from Statistics SA (Stats SA) on Monday showed. ... Full story

Mangalis Management Group to inject R4.3bn in Africa hotel developments

Mangalis Management Group recently said it plans to invest R4.3bn towards hotel developments in Africa. ... Full story

Don Group headline loss R3.7m vs loss R25m

The Don Group, a hotel operator turned residential letting group, has seen a significant improvement in its bottom line since converting all its properties from hotels to rental apartments in 2011. ... Full story

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