Tsogo Sun results: Revenue up, occupancies still low

Johannesburg – The hospitality sector is watching the rise of Covid-19 cases closely.

Tsogo Sun Hotels is still seeing occupancy levels far below the group’s long-term average. Rooms sold are half of what they were prior to the pandemic.

The hotel group’s portfolio includes Sandton Sun in Gauteng and the Beverly Hills in Umhlanga.

The group returned to profit in its half-year to end-September and says it is much better prepared for another wave.

Group revenue jumped 144%.

Covid-19 had forced local hotel operators to cut staff and close hotels as tourism plummeted.

Tsogo Sun’s CEO said government should carefully consider how it implements further lockdowns.



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