Conferences boost L2D's hospitality sector
Group says 'positive trajectory' for hotels set to continue with SA's hosting of several large events, including G20 summit
06 April 2025 - 08:22
Increased activity at the Sandton Convention Centre has boosted the performance of neighbouring hotels, with Liberty Two Degrees' (L2D's) hospitality sector recording a financial performance exceeding expectations.
The owner of the Sandton Convention Centre, Sandton Garden Court, Sandton Sun and Sandton Towers recorded a 6.2% increase in hotel occupancy rates for the financial year ended December 2024, achieving 71.7% occupancy, up from 65.5% in 2023...
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