Sun group wary on hotel acquisitions
Deals in struggling sector would have to be compelling — CEO
21 March 2021 - 00:06
Hotels in the distressed tourism sector are already up for grabs and more are expected to follow, but for Sun International any deal to buy another hotel would have to be especially convincing.
In an interview this week Sun International CEO Anthony Leeming said while the JSE-listed group would be interested if the right opportunity came along, it would have to be “compelling”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.