tsh industry hospitality entertainment tourism founded 1969 headquarters johannesburg south africa number of locations over 90 hotels 14 casinos key people marcel von aulock ceo 1 brands maia beverly hills 54 on bath sandton sun suncoast towers palazzo intercontinental johannesburg o.r. tambo airport intercontinental johannesburg sandton towers southern sun hotels and resorts sunsquare garden court stayeasy and sun1 formerly known as formula1 hotels services hospitality leisure gaming and entertainment 2 operating income r 5.4 billion 3 4 website tsogosun.com tsogo sun is a south african hotel gaming and entertainment group . as of june 2014 the group owns 92 hotels in africa seychelles and the middle east 5 6 14 gaming and entertainment destinations and over 250 conferencing and banqueting facilities . 7 8 it is the largest listed hotel and tourism company in south africa . 9 10 11 tsogo sun means resurrection or new life a term that mimics the daily rising of the sun in setswana . 9 contents 1 ownership 2 history 3 references 4 external links ownership edit prior to 2011 tsogo sun holdings owned and operated two divisions southern sun hotel interests and tsogo sun gaming . on 24 february 2011 tsogo sun holdings concluded a merger with and reverse listing through gold reef resorts . 12 tsogo sun s key institutional shareholder is old mutual investment group limited 5.99 % ; 10.33 % of shares held by top holders . 13 the group is one of the largest johannesburg stock exchange listed companies in the hotel and tourism sector with a market capitalisation of r30 .8 billion . 14 15 history edit the group was established in 1969 when hotelier sol kerzner founded the chain of southern sun hotels in partnership with south african breweries . 5 prior to 1994 the group s operations were limited to hotels as gambling in south africa was heavily restricted . when the new democratic government came to power gambling was legalised which enabled the group to add 14 gaming destinations to its portfolio . 16 through a process of bid applications the group acquired five casino licenses emnotweni nelspruit the ridge hemingways montecasino and suncoast . 17 an additional two casinos the caledon and blackrock formerly known as century casino were added to the group s portfolio in 2009 through the acquisition of century resorts limited and winlen casino operators pty limited . subsequently a further seven casinos were added to the portfolio through the reverse buy out of gold reef resorts in 2011 gold reef city silverstar queens mykonos goldfields golden horse and garden route . 18 19 20 in may 2014 the group announced that it had entered into transaction agreements resulting in tsogo sun acquiring a 40 % equity interest each in sunwest international and worcester casinos . this transaction will give the group a stake in all five casinos located in the western cape . 21 references edit lewis an l 25 november 2013 . tsogo sun wants second cape town casino . iol . independent newspapers . retrieved 27 november 2014 . nicole cassandra naidoo 16 july 2014 . participation essential for tsogo sun shareholders . cnbc africa . retrieved 26 november 2014 . brief tsogo sun holdings first half ebitdar falls 2 pct . reuters . 20 november 2014 . retrieved 27 november 2014 . tsogo sun h1 adjusted heps remains unchanged . cnbc africa . 20 november 2014 . retrieved 26 november 2014 . a b thomas nathalie 7 july 2014 . sabmiller sheds final remnant of former conglomerate days . the daily telegraph . retrieved 26 november 2014 . rahul odedra 21 may 2014 . south africa s tsogo sun in talks to reenter dubai market . arabian business . retrieved 27 november 2014 . bray chad 7 july 2014 . sabmiller to sell stake in south african hotel and casino group . the new york times . retrieved 26 november 2014 . hedley nick 25 april 2013 . tsogo sun commits 100m for its african expansion . times media group . business day . retrieved 27 november 2014 . a b esipisu isaac 18 october 2013 . top executive jobs at tsogo sun cut . cnbc africa . retrieved 26 november 2014 . sabmiller to sell tsogo sun stake . bbc news online . 7 july 2014 . retrieved 26 november 2014 . shevel adele 22 november 2014 . government s belt tightening hits tsogo sun . the times south africa . retrieved 27 november 2014 . matthew boyle ; kamlesh bhuckory ; chris spillane 7 july 2014 . sabmiller to sell 1.09 billion stake in tsogo sun . bloomberg news . retrieved 26 november 2014 . markets data tsogo sun holdings ltd . financial times . retrieved 26 november 2014 . andreas paleit ; nick wilson 7 july 2014 . sabmiller to sell out of african hotel and casino group tsogo sun . financial times . retrieved 6 december 2014 . clementine fletcher 15 april 2014 . sabmiller mulls options for 1.04 billion tsogo sun stake . bloomberg.com . retrieved 14 december 2014 . david s. fick 2000 . rule stephen p. ; sibanyoni chris eds . the social impact of gambling in south africa an initial assessment for the national gambling board . hsrc press . p. 52 . isbn 9780796919717 . retrieved 26 november 2014 . abdoumaliq simone 2008 . nuttall sarah ; mbembe achille eds . johannesburg the elusive metropolis . duke university press . isbn 9780822381211 . retrieved 26 november 2014 . baumann julius 6 august 2012 . gaming groups oppose new cape town casino . times media group . business day . retrieved 26 november 2014 . hasenfuss mark 21 november 2014 . tsogo sun places bet on growing casinos . times media group . business day . retrieved 27 november 2014 . staff reporter 18 february 2010 . merger creates major sa gaming hotel company . mail & guardian . retrieved 27 november 2014 . farhaanah mahomed 13 may 2014 . tsogo sun acquires a stake in two casino businesses . cnbc africa . retrieved 26 november 2014 . external links edit tsogo sun holdings tsogo sun hotels retrieved from https en.wikipedia.org w index.php title tsogo sun & oldid 740246665 categories companies of south africaintercontinental hotels group brandshospitality companies of south africacasinos in south africacompanies established in 19691969 establishments in south africacompanies listed on the johannesburg stock exchange navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 19 september 2016 at 23 10 . text is available under the creative commons attribution sharealike license ; 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