{"id":6328,"date":"2026-06-08T23:06:14","date_gmt":"2026-06-08T23:06:14","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=6328"},"modified":"2026-06-08T23:06:14","modified_gmt":"2026-06-08T23:06:14","slug":"durban-is-being-fixed-and-is-delivering-for-southern-sun-again","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=6328","title":{"rendered":"Durban is being fixed and is delivering for Southern Sun again"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p><iframe loading=\"lazy\" src=\"https:\/\/iframe.iono.fm\/e\/1683940?layout=modern\" width=\"100%\" height=\"170\" frameborder=\"0\"><\/iframe><\/p>\n<p>You can also listen to this podcast on iono.fm\u00a0here.<\/p>\n<p>A very warm welcome to The Property Pod, South Africa\u2019s premier property investor podcast, right here on Moneyweb. This show also features as a vodcast on our YouTube channel MoneywebTV.<\/p>\n<p>JSE-listed hotels and leisure giant Southern Sun, in which fellow listed company Hosken Consolidated Investments has a material stake, has been very active on the market over the last few years.<\/p>\n<p>The group\u2019s share price hit a record high in February at around R11.<\/p>\n<p>And for context, we reported back in 2024, it hitting a record of around R7-a-share at that time, and that was after the Covid-19 fallout in 2020, and the recovery post that period that affected most companies on the JSE.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p><strong>Southern Sun\u2019s share price<\/strong><\/p>\n<p>Now, Southern Sun\u2019s activity in the market seems to have moved beyond recovery to growth and expansion, with deals signed \u2013 both new hotels as well as retaining key properties in its portfolio, such as the Elangeni &amp; Maharani hotel on the Durban beachfront.<\/p>\n<p>Read\/listen:<br \/>No impact on SA hotels from Middle East conflict, says Southern Sun<br \/>Southern Sun\u2019s hotel occupancies boosted by G20, transient demand<br \/>Southern Sun signs Durban beachfront hotel leases with eThekwini<br \/>Southern Sun eyes Cape Town Foreshore developments<br \/>Southern Sun secures \u2018sexy hotel\u2019 at iconic R5bn Oceans Umhlanga development<\/p>\n<p>That activity looks set to continue with some big hotel developments planned for Cape Town, and that\u2019s the foreshore area next door to the Cape Town ICC and Southern Sun\u2019s landmark Cullinan Hotel.<\/p>\n<p>There are also plans around the Beverly Hills Hotel, which seem to be gaining some traction. The Southern Sun group released its annual results last month and a lot of the projects were mentioned in the results presentation with analysts and investors.<\/p>\n<p>For more insights and to talk about the group\u2019s performance, as well as its growth plans, we are joined on this week\u2019s episode by Marcel von Aulock, who is no stranger on The Property Pod. But it\u2019s the first time we have him on the podcast this year.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<div id=\"attachment_1093165\" style=\"width: 515px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-1093165\" class=\"wp-image-1093165\" src=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-555x385.jpg\" alt=\"Marcel von Aulock, Seychelles, Southern Sun, Southern Sun share price, Company Results, Durban, Cape Town, Umhlanga, The Property Pod, G20, South African Tourism, SA Tourism, TBCSA, Tourism Levy, Tourism Month, SA hotels sector\" width=\"505\" height=\"350\" srcset=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-555x385.jpg 555w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-150x104.jpg 150w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-1024x711.jpg 1024w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-163x113.jpg 163w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-230x160.jpg 230w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2014\/10\/Marcel-von-Aulock-Tsogo-Sun-Hotels-CEO-744x517.jpg 744w\" sizes=\"(max-width: 505px) 100vw, 505px\"\/><\/p>\n<p id=\"caption-attachment-1093165\" class=\"wp-caption-text\">Marcel von Aulock, CEO of JSE-listed Southern Sun. Image: Supplied<\/p>\n<\/div>\n<p>Von Aulock is group CEO and talks about the turnaround he is seeing in Durban and KwaZulu-Natal, with a double-digit recovery in its performance there complementing its strong performance in Cape Town, and a recovery in the Sandton market too, on the back of South Africa\u2019s hosting of the G20 Leader\u2019s Summit in Johannesburg last year.<\/p>\n<p>Read\/listen:<br \/>Pareto secures 100% of Sandton Convention Centre and prime hotels in R1.1bn deal<br \/>Southern Sun rising<br \/>Standard Bank Group\u2019s L2D expects big G20 Summit boost for Sandton<br \/>Tsogo Sun says Durban \u2018is the strongest hotel market in SA\u2019 [Nov 2020]<\/p>\n<p><em>* You can listen to the full podcast above or download it from<\/em><em>\u00a0iono,\u00a0Spotify\u00a0or\u00a0Apple Podcasts.\u00a0<\/em><\/p>\n<p><em>For previous episodes of The Property Pod,\u00a0click\u00a0here.<\/em><\/p>\n<\/p><\/div>\n<p>#Durban #fixed #delivering #Southern #Sun<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You can also listen to this podcast on iono.fm\u00a0here. A very warm welcome to The Property Pod, South Africa\u2019s premier property investor podcast, right here on Moneyweb. This show also&hellip; <\/p>\n","protected":false},"author":1,"featured_media":6329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7534,8758,5476,3409,4485],"class_list":["post-6328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-delivering","tag-durban","tag-fixed","tag-southern","tag-sun"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/6328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6328"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/6328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/6329"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}