Southern Sun creates long-term stakeholder value by focusing on the following strategic objectives: Sustainability and Growth
THE KEY PILLARS OF OUR SUSTAINABILITY INCLUDE:
Sharing value with our beneficiaries is a critical part of maintaining our social licence to operate
Southern Sun is a Level 1 B-BBEE contributor, adding R4 billion in value to BEE businesses and government and supporting 410 beneficiaries through the Southern Sun Entrepreneurs programme
To remain relevant, a variety of quality experiences must be provided at appropriate price points
The group's portfolio of owned/leased properties comprise 16 942 hotel rooms across all market segments, achieving a hotel guest satisfaction score of 84% for the year under review
As a multinational business, the group is subject to a wide range of legislation and compliance is critical to our reputation and sustained profitability
No significant regulation breaches
Qualified, trained, talented and empowered people are required to deliver the Southern Sun experience
At 31 March 2026, Southern Sun had 6 314 direct employees of which 95% were African, Coloured and Indian and 56% were women
An appropriate capital structure is important to ensure the business survives through the economic cycle
Southern Sun pays dividends in accordance with an appropriate dividend policy, debt levels were reduced from R266 million to a net cash position of R86 million, resulting in unutilised facilities plus cash of R2.1 billion
Optimal operation of the group's capitals generates growth in cash flow and thus value
Total income for the group has increased by 9% to R7.2 billion and adjusted headline earnings per share has increased by 19% to 90.1 cents
Building the tangible and intangible asset base of the group generates growth in cash flow and thus value
Southern Sun concluded a new 50-year lease for Southern Sun Elangeni & Maharani, supporting long-term growth and investment in the Durban beach front
