Southern Sun flags soaring earnings as pandemic eases

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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.

 

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