User:AlisonM321/Tsogo Sun
Industry | Hospitality, Entertainment,Tourism |
---|---|
Founded | 1969 |
Headquarters | Johannesburg South Africa |
Number of locations | over 90 hotels, 14 casinos |
Key people | Marcel von Aulock (CEO) |
Products | Hotels, Gaming, Entertainment |
Website | Tsogo Sun Hotels |
Tsogo Sun
[edit]Tsogo Sun is a South African hotel, gaming and entertainment group. As of June 2014, the group owns over 90 hotels in South Africa, Africa, Seychelles and the Middle East, comprising more than 14 300 hotel rooms, 14 gaming and entertainment destinations and over 250 conferencing and banqueting facilities, including the Sandton Convention Centre.
The Tsogo Sun collection includes the following brands: Maia, Beverly Hills, 54 on Bath, Sandton Sun, Suncoast Towers, Palazzo, InterContinental Johannesburg O.R. Tambo Airport, InterContinental Johannesburg Sandton Towers, Southern Sun Hotels and Resorts, SunSquare, Garden Court, StayEasy and SUN1 (formerly known as Formula1 Hotels).
Tsogo Sun means 'resurrection' or 'new life' – a term that mimics the daily rising of the sun in Setswanawww.property24.com/articles/tsogo-sun-holdings-new-branding/15195' new branding, 30 April 2012.
Ownership
[edit]Prior to 2011, Tsogo Sun Holdings owned and operated two divisions: Southern Sun Hotel Interests and Tsogo Sun Gaming. On 24 February 2011, Tsogo Sun Holdings concluded a merger with and reverse listing through Gold Reef Resorts. Tsogo Sun’s key shareholders are Hosken Consolidated Investments Limited (41.3%), SABMiller plc (39.7%), and financial institutions together with the general public (19%).
The group is one of the largest Johannesburg Stock Exchange listed companies in the hotel and tourism sector with a market capitalisation of around R20 billion.
History
[edit]The origins of the group can be traced back to 1969, when hotelier Sol Kerzner established the chain of Southern Sun Hotels in partnership with South African Breweries. By 1983, the chain operated 30 luxury hotels with more than 7 000 rooms. Prior to 1994, the group’s operations were limited to hotels as gambling in South Africa was heavily restricted. When the new democratic government came to power, gambling was legalised, which enabled the group to add 14 gaming destinations to its portfolio. Gambling in South Africa.
Through a process of bid applications, the group acquired five casino licenses: Emnotweni, The Ridge, Hemingways, Montecasino and Suncoast. The first casino to be opened by Tsogo Sun was Emnotweni Casino in Nelspruit in November 1997.
An additional two casinos, The Caledon and Blackrock (formerly known as Century Casino), were added to the group’s portfolio in 2009 through the acquisition of Century Resorts Limited and Winlen Casino Operators (Pty) Limited. [1]
Subsequently a further seven casinos were added to the portfolio through the reverse buy-out of Gold Reef Resorts in 2011: Gold Reef City, Silverstar, Queens, Mykonos, Goldfields, Golden Horse and Garden Route. [2]
In May 2014, the group announced that it had entered into transaction agreements resulting in Tsogo Sun acquiring a 40% equity interest each in SunWest International and Worcester Casinos. This transaction will give the group a stake in all five casinos located in the Western Cape. [3]
Hotel Brands
[edit]Luxury
[edit]- Maia: Luxury resort and spa on the island of Mahé, Seychelles
- Beverly Hills: Situated in Umhlanga, KwaZulu Natal
- Palazzo: Situated at Montecasino, Johannesburg
- Sandton Sun: Situated in Sandton, Johannesburg
- Suncoast Towers: Situated in Durban, KwaZulu Natal
- 54 on Bath: Situated in Rosebank, Johannesburg
Full Service
[edit]Select Service
[edit]- Sun Square: Modern hotels in Montecasino and Durban.
- Garden Court: Affordable hotels across South Africa, in the provinces of Western Cape, Eastern Cape, Northern Cape, KwaZulu-Natal, Gauteng and Limpopo.
- StayEasy: Hotels in Gauteng, North West, Western Cape, KwaZulu-Natal, Mpumalanga and Zambia.
Budget
[edit]- SUN1: Formerly known as Formula1 Hotels: 21 hotels located around South Africa.
Casinos
[edit]- Blackrock Casino: Located in Newcastle, KwaZulu Natal
- Emnotweni Casino: Located in Nelspruit, Mpumalanga
- Garden Route Casino: Located in Mossel Bay, Eastern Cape
- Gold Reef Casino: Located in the south of Johannesburg, Gauteng
- Golden Horse Casino: Located in Pietermaritzburg, KwaZulu Natal
- Goldfields Casino: Located in Welkom, Free State
- Hemingways Casino: Located in East London, Eastern Cape
- Montecasino: Located in the north of Johannesburg, Gauteng
- Mykonos Casino: Located in Langebaan, Western Cape
- Queens Casino: Located in Queenstown, Eastern Cape
- Silverstar Casino: Located in the west of Johannesburg, Gauteng
- Suncoast Casino: Located in Durban, KwaZulu Natal
- The Caledon Casino: Located in the Overberg, Western Cape
- The Ridge Casino: Located in Witbank, Mpumalanga
Rewards Programme
[edit]Tsogo Sun has a Rewards Programme which incorporates both hotels and gaming properties. The unit of reward in hotels is SunRands, a currency earned on accommodation, meals and drinks at any Tsogo Sun hotel or hotel-owned restaurants and bars. There are three tiers: Gold, Platinum and Black.
Tsogo Sun in popular culture
[edit]Tsogo Sun was a sponsor of the first-ever MasterChef South Africa competition in 2012, as well as the third competition in 2014. The winner of the 2012 competition, Deena Naidoo, entered into a joint venture with Tsogo Sun with the opening of his restaurant, Aarya, which is situated in the SunSquare Montecasino Hotel. [4] Benny Masekwameng, one of the three Masterchef judges, is an Executive Chef at the Tsogo Sun group.
Honours
[edit]In 2013, Tsogo Sun Hotels won the following National Department of Tourism (NDT) and FEDHASA Lilizela-Imvelo Awards for Responsible Tourism: [5]
- Riverside Sun Resort: Best Practice – Economic Impact category (big establishment)
- Garden Court Hatfield (Pretoria): Investing in People (big category)
- Garden Court Ulundi (KwaZulu-Natal): Investing in People (small category)
- Garden Court Hatfield: Most Empowered Tourism Business
Tsogo Sun's InterContinental Johannesburg O.R. Tambo Airport Hotel and the Palazzo, Montecasino hotel each received a World Travel Award at the 2013 World Travel Awards ceremony held on 1 November 2013 in Thailand. [6] [7]
Corporate social responsibility
[edit]Tsogo Sun supports local communities in three areas:
- 1. Social Investment Programme: the group promotes the development of learners through three academies, which offer full-year programmes centred around sport, art and education. The programme is supported by the South African Departments of Education and Sport, and various sporting bodies.
- 2. Enterprise Development: Tsogo Sun focuses on skills-based entrepreneurial development and the providing of procurement opportunities to small black-owned enterprises through its Tsogo Sun Book-a-Guesthouse and Supplier Development programmes.
- 3. Tsogo Sun Environmental Management Programme: These initiatives reduce the impact the business has on the environment policies that cover energy, water, waste and biodiversity management across all of its properties.
References:
[edit]- ^ Acquisition of the Caledon Casino, Hotel and Spa and Century Casino Newcastle by HCI`s 38% held subsidiary, Tsogo Sun Gaming url=http://www.hci.co.za/sens-announcements/acquisition-of-the-caledon-casino-hotel-and-spa-and-century-casino-newcastle/
- ^ "The merger of Tsogo Sun Holdings (Pty) Ltd ("TSH") and Gold Reef Resorts Ltd".
- ^ "Acquisition by Tsogo of a minority interest in each of Sunwest and Worcester".
- ^ New restaurant for Tsogo Sun, MasterChef SA Deena Naidoo, 27 July 2012. |url=http://www.bizcommunity.com/Article/196/166/79140.html
- ^ "Tsogo Sun wins big at tourism awards, 24 September 2013".
- ^ "Tsogo Sun's hotels scoop top honours".
- ^ "World Luxury Travel Awards".