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ARTICLES RELATING TO: HOTELS
Western Cape

W Cape still reliant on consumer spend

Mar 09 2012 07:00

The economy of the Western Cape is growing steadily, but rising fuel and electricity prices could put pressure on consumers, its main growth driver.

Travel & Leisure

Body count rises in hotel sector

Aug 31 2011 08:29

A number of bankrupt Cape hotels will go under the hammer following a spate of recent closures.

Economy

Top hotels eye Africa for growth

Aug 16 2011 11:20

As the continent's tourism growth outpaces that of developed countries, global hotel chains are poised to spend hundreds of millions on new facilities.

 
Travel & Leisure

Protea plans to buy stressed hotels

Jul 11 2011 07:37

Protea Hotels has spent the past six months creating a "multibillion-rand" fund for the acquisition of financially stressed hotels in SA, according to a report.

Travel & Leisure

Revenue rise for Sun International

May 11 2011 17:55

Hotel and gaming group Sun International says second-quarter revenue was up 11%.

Travel & Leisure

Gaddafi 'has no direct stake in Michelangelo'

Mar 06 2011 10:30

A fund representing the Libyan people and not Colonel Muammar Gaddafi holds a stake in the luxury Michelangelo Hotel, says its operator Legacy Hotels.

Travel & Leisure

Top Cape hotels almost 90% full

Dec 15 2010 06:35

After somewhat of a lull following the World Cup soccer tournament, the occupancy levels of Cape Town's five-star hotels have risen sharply.

Business

Glut of 5-star hotel rooms in SA

Jun 24 2010 08:08

Hotel occupancies are down after too many new rooms were built in the run-up to the World Cup.

Insight

No longer necessary to spend

Jun 10 2010 00:00

FEARS THAT HOTELS and airlines would push through exorbitant price hikes over the June/July school holidays on the back of the Fifa Soccer World Cup appear to have been premature. In fact, there’s now great value to be had for South African travellers, especially those planning a trip to Cape Town and Durban where demand from overseas soccer fans hasn’t materialised to the extent originally anticipated. Some hotels are offering rooms for selected periods in June/July for as little as a third of

 
Insight

Own goals and lemons

Jun 10 2010 00:00

QUEENSGATE HOTELS and Leisure – which hopefully will still be rescued through the intervention of a new empowerment investor – scored a very costly own goal in the run-up to this year’s Soccer World Cup. What transpired at Queensgate is surely a timely reminder about not losing sight of basic fundamentals (cash flow, gearing) in a football frenzy.

Sectoral Analysis

Travel and leisure

Jun 02 2010 15:50

The Soccer World Cup was the light in the middle of the tunnel for the travel and leisure industry.

Company Snapshot

For detailed Unit Trust information, click here.
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Sasha

"In the short term this is true, Greece will dominate the headlines on a day to day basis, until their next elections when there would be some clarity to answer the question, "What next for Greece?" Amazingly everyone except the politicians seem to be lining themselves up for worst case scenario, b... Read their blog...

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Finweek

Under pressure

Aug 04 2011 00:00

There are more than a few investors who have long regarded platinum as the “default option” when it comes to investing in South African mining stock. We’d beg to differ. More...

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