Southern Sun half-year revenue jumps 34%

Hotel Group Southern Sun reported a 34 per cent jump in first half revenue to R2.8 billion, buoyed by improved trading in the Western Cape and several large scale events being hosted in South Africa such as the recent Netball World Cup and BRICS summit. The group’s profit for the year, however, dropped 22 per cent to R254 million. Joining CNBC Africa for more is Marcel von Aulock, CEO, Southern Sun.