Southern Sun’s Record-Breaking Month - October Occupancy Tops 2010 World Cup Levels

Loading player...
GUEST: Marcel von Aulock – CEO, Southern Sun

Southern Sun has just delivered a historic milestone and it’s bigger than the 2010 FIFA World Cup.

In October, the group recorded its highest occupancy ever at 73.3%, surpassing one of South Africa’s biggest tourism booms, while revenue surged 18% and Ebitdar jumped 27% year-on-year.

Southern Sun CEO Marcel von Aulock joins us to unpack the hotel group’s half-year results and what powered this exceptional performance. From strong conferencing and events demand in Gauteng and the Western Cape to a resilient domestic travel market, the numbers reveal a sector gearing up for a blockbuster summer.
19 Nov 4PM English South Africa Business News · Investing

Other recent episodes

African air travel is booming — but the airlines themselves aren’t.

GUEST – Phuthego Mojapele – Aviation Analyst Despite passenger numbers rising faster than the global average, African carriers are still trapped in a low-profit, high-cost cycle that threatens the sector’s future. Why is the continent experiencing growth without gain? In this episode, we unpack the paradox with aviation analyst, who…
11 Dec 2PM 10 min

INSIDE YOUR BUSINESS: Anglo-Teck Merger: What SA Stands to Lose.

Guest: Duma Gqubule – Adviser on Economic Development and Transformation As Anglo American pushes ahead with a $60bn merger with Canada’s Teck Resources, South Africa could be on the verge of losing one of its most historic and economically significant mining giants. Duma Gqubule unpacks why the Anglo-Teck deal is…
10 Dec 2PM 15 min