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Home » Improved occupancy lifts AfSun’s topline
Companies & Markets

Improved occupancy lifts AfSun’s topline

written by Mishma Chakanyuka, Staff Writer 0 comments
The move reflects management’s ongoing commitment to adapt to evolving circumstances in order to enhance shareholder value,
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AFRICAN Sun’s revenue from continuing operations reached US$53,98 million for the year ended December 31, 2024 up 15 percent from previous year, sustained by growth in occupancy and stronger average daily rates (ADR).Hotel operators continue to register steady growth in business beating pre-covid-19 levels in terms of occupancy and earnings performance with investments in refurbishments…

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