Southern Sun flags soaring earnings as pandemic eases

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Australia News News

The tourism industry is recovering after the lifting of Covid-19 restrictions, which dampened travel worldwide.

Hotel group Southern Sun — formerly Tsogo Sun Hotels — is expecting a bumper payday in its interim results as it sees its headline earnings more than tripling.

This is thanks to the tourism industry recovering after the lifting of Covid-19 restrictions, which dampened travel worldwide, the group said on Friday in a trading update for the six months to end-September...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Life Healthcare’s business normalises as effects of Covid-19 recedeBed occupancy at about 65% in the second half is not far off the pre-pandemic level
Source: BDliveSA - 🏆 12. / 63 Read more »