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
Izwe Loans Zambia Caps Multi-Year Transformation with Profit Growth, Cash Flow Turnaround
Izwe Loans Zambia Plc has successfully completed its transformation into a diversified, digital-first financial services provider, delivering robust audited results for the year ended 31 December 2025
1 day agoFoschini Reports Mixed Performance as Geopolitical Risks Weigh on International Operations
The company’s focus on integrating online and offline retail provides an edge over traditional rivals. However, like many of its competitors, TFG has been impacted by the broader inflationary environm
1 day ago
