Geographic locations and class of hotels in South Africa

HOSPITALITY OWNS 54 PROPERTIES

and receives rental income from its tenants. The leases for all our properties have a fixed and variable component.

Weighted average lease expiry of 13.3 years (2019: 14.5 years)

Loan to value (‘LTV’) for the year ended 31 March 2020 at 26% (2019: 16.3%)

Properties in our portfolio


9

Western Cape

  • Westin Cape Town
  • Radisson Blu Waterfront
  • Protea Victoria Junction
  • Arabella Hotel, Golf and Spa
  • StayEasy Century City
  • Southern Sun Newlands
  • Sunsquare Cape Town
  • Southern Sun Cullinan
  • Southern Sun Waterfront
14

Gauteng

  • Birchwood Hotel and Conference Centre
  • Radisson Blu Gautrain
  • Kopanong Hotel and Conference Centre
  • Mount Grace Hotel and Spa*
  • Southern Sun Rosebank
  • Holiday Inn Sandton
  • Garden Court Milpark
  • Southern Sun Katherine Street
  • Southern Sun Pretoria
  • Garden Court Morningside
  • Garden Court Eastgate
  • Garden Court Hatfield
  • StayEasy Eastgate
  • Garden Court OR Tambo
12

Rest of South Africa

  • Garden Court South Beach
  • Garden Court Polokwane
  • Southern Sun Bloemfontein
  • Garden Court Kimberley
  • StayEasy Rustenburg
  • The Edward Hotel*
  • Protea Marine
  • Hazyview Sun*
  • Champagne Sports Resorts
  • Garden Court Kings Beach
  • Garden Court Umhlanga
  • StayEasy Pietermaritzburg
19

SUN1 hotels

  • SUN1 Alberton
  • SUN1 Benoni
  • SUN1 Berea
  • SUN1 Bloemfontein
  • SUN1 Cape Town
  • SUN1 Edenvale
  • SUN1 Kimberley
  • SUN1 Midrand
  • SUN1 Milnerton
  • SUN1 Nelspruit
  • SUN1 OR Tambo
  • SUN1 Parow
  • SUN1 Port Elizabeth
  • SUN1 Pretoria
  • SUN1 Richards Bay
  • SUN1 Southgate
  • SUN1 Vereeniging
  • SUN1 Witbank
  • SUN1 Wynberg

* Subsequent to year end, the Protea Hotel Edward’s lease expired on 30 June 2020. The tenants of Protea Hotel Hazyview and Mount Grace Country House and Spa, being separate operating companies owned by Marriott International Inc., terminated their lease agreements with Hospitality. These hotels will be operated by Tsogo Sun Hotels when they reopen, under a management agreement.