The tourism sector has been hard hit by the Covid-19 pandemic, with hotel share prices dropping to new lows. City Lodge Hotel had to resort to a rights issue to raise R1.2bn to help it survive in 2020. It has also relied heavily on business travel, which many experts say will not return to pre-pandemic levels globally due to a new reliance on technology. 

Business Day spoke to Lindiwe Sangweni-Siddo, COO of City Lodge, about the group’s plans to return to profitability. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now