Search results for 'hospitality industry'
Companies
RTG Surpasses 50% Occupancy, for the First Time Following Major Refurbishments
Rainbow Tourism Group (RTG), the second-largest hotel group after African Sun, has achieved a remarkable occupancy rate of over 50% in the six months ended 30 June 2024. This marks a historic milest
Oct 02, 2024
Companies
African Sun Limited's HY Results: Losses Widen, but Real Estate Shows Promise
Largest hotelier group, African Sun Limited's (ASUN), real estate market performed well during the first half of 2024 (1HY), with its contribution increasing from 2% to 6% and generating an additional
Oct 08, 2024
Companies
African Sun’s Topline Slumps in Q1 as Occupancy Falls to 39%: A Comparison with RTG
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
May 21, 2025
Top Stories
Shoprite Holdings Delivers Robust 1HY26 Results: A Contrast to Zimbabwe's Retail Giants
Shoprite Holdings, South Africa’s biggest retailer by market capitalisation, sales, profit, number of employees and customer base and Africa’s largest supermarket retailer, has delivered a solid perfo
17 hours agoAFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
20 hours ago
