City Lodge’s well-documented pains are not unique. Covid-19 has smashed the tourism industry globally, with airlines and hotels the worst hit of all. These are costly businesses to run and losing practically all revenue for months on end was never in the disaster plan. It’s a global problem Hilton reported an earnings decrease of 77.3% to $564m, significantly worse than …
View PostI have lived in the two most economically important cities in South Africa: Johannesburg and Cape Town. The coffee is different. The weekend activities are different. The night life is incredibly different. Like all cities, they both offer positives and negatives. Nowhere is perfect. Most of all though, the economies are completely different. One is a banking, corporate and industrial powerhouse, …
View PostIt was a landmark week in the tourism industry for all the wrong reasons, topped off by the passing of industry icon and world-famous South African, Sol Kerzner. It’s worth touching on his legacy before discussing the Tsogo Sun Hotels announcement that came out on Friday after the markets closed. Kerzner – a life less ordinary. Kerzner’s colourful life can …
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