INTEGRATED ANNUAL
REPORT 2020

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GROUP OVERVIEW

OUR VISION

Our vision is to create great hospitality and leisure experiences at every one of our distinctive destinations.

WHO WE ARE

With 50 years of excellence in providing a home away from home, Tsogo Sun Hotels has earned the trust of our guests, who find variety, quality, warmth and trusted service with flair at each of our destinations.

From functional to luxurious, from exciting to relaxing, Tsogo Sun Hotels offers a brand and a service to suit every traveller’s needs.

With a portfolio of more than 110 hotels in South Africa, Africa, the Seychelles and the Middle East, an extensive selection of restaurants and bars, and a diverse collection of conference and banqueting facilities (including the renowned Sandton Convention Centre), Tsogo Sun Hotels offers unparalleled variety, footprint and scale.

OUR GROUP STRUCTURE

OUR OWNERS

Our key shareholder at 31 March 2020 was Hosken Consolidated Investments Limited (‘HCI’), a JSE listed investment holding company that directly and indirectly owned 49% of the shares, excluding treasury shares.

The HCI shareholding is of particular importance to the sustainability of the group as it provides the bulk of the 75% effective black ownership at group level, while our empowerment ownership is an important part of our transformation agenda and a factor considered by government and other public bodies in awarding contracts. Furthermore, our empowerment ownership may influence relationships with customers or suppliers as it contributes to their Broad-Based Black Economic Empowerment (‘B-BBEE’) status.

* Increased to 75% post-year end.
^ Decreased to 47% post-year end.

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