Tourism optimism lifts Southern Sun to a record high

Loading player...

CEO Marcel von Aulock says the share price hit its highest point last week since the group listed separately in 2019. He believes it's largely due to optimism around SA's new government of national unity, and shares insights on expansion plans for Cape Town and Umhlanga, challenges in Durban, and expectations for the upcoming summer season.

17 Sep 2024 English South Africa Business · Business News

Other recent episodes

The emotional pull of owning a property

Sinenhlanhla Sithomo from Investec Life weighs in on buying versus renting in the current economic climate, saying ‘you pay either way’ – and highlighting what to be aware of.

7 Jul 13 min

David Green gearing up V&A Waterfront for 36m visitors

Rating the precinct as one of SA’s most successful public-private partnership models, the CEO of the Cape Town trophy asset adds: ‘For both the PIC and Growthpoint, this is arguably their most successful investment in property.’

30 Jun 28 min

Sibaya Precinct: Game-changer for Durban’s property market?

Charles Thompson, the founder and MD of Devmco Group, says the broader mega mixed-use development zone north of Umhlanga, including across the M4 roadway, is still anticipated to realise around R50 billion in new development over a 20- to 25-year period, making it one of the fastest-developing property nodes in SA.

23 Jun 21 min

Marriott International sees ‘increasing appetite’ for new hotels, resorts in Africa’

Karim Cheltout, senior vice president of development for the Middle East & Africa at the world's largest hotel group, shares insights on Marriott’s expansion plans on the continent, including into the safari or game lodges space.

17 Jun 25 min

Stronger SA office property market expected – FNB

John Loos, senior economist at FNB Commercial Property Finance, shares insights on what’s behind the better expectations for the office property sector over the next few years.

9 Jun 16 min

All episodes