Sun International joins the SA rush away from Nigeria

Sun International has become the latest company to pull out of Nigeria because of weak economic growth and clashes with regulators and shareholders in the west African country.

Hotels, guest house over-supply finally bottoming out after World Cup splurge

With the FIFA World Cup in full swing again, Brazilian hotels and guest houses are cashing in on the surge in visitors. The South American country’s hospitality sector learnt a great deal from the South African experience of four years back where considerable losses were incurred after heavy investments by hoteliers and guest house owners. … Read more