Sun International’s resorts and hotels portfolio delivered a resilient performance in 2025, reporting revenue of R2,9 billion (US$174m).
This marked a 4,7% increase compared with the previous year, with the exclusion of the Table Bay Hotel, which no longer falls under Sun International’s portfolio.
According to the group, the results in the first half of the year reflected macro-economic pressure on discretionary spending by guests. Additionally, refurbishments across the hospitality portfolio, including the ongoing refurbishment of Sun City Hotel rooms and the Sun Vacation Club, impacted operations.
However, the group saw improved momentum in the second half of the year, supported by stronger conferencing activity, international leisure demand and a robust calendar of sporting and entertainment events across the group’s resorts. This included the G20 and other major events and international sports tournaments hosted at Sun City.
As a result, rooms and food and beverage revenue increased by 6,9%, supported by improved average room rates and revenue per available room, particularly at Sun City.
“With improving international travel trends, strong domestic leisure demand and continued investment in our flagship resorts, management is confident that the hospitality segment will continue to contribute to the group’s growth trajectory,” said Ulrik Bengtsson, CEO of Sun International.
The group is implementing a strategy for its hospitality portfolio to improve revenue generation and drive growth. The strategic initiatives entail further investment in core properties; change of business model to improve operational efficiency and operating margins; formulation of solutions for underperforming properties; and targeted capital investment into the portfolio to enhance the product offering and mix for the hospitality business.
