Southern Sun released a trading update ahead of its AGM and the RMB Morgan Stanley investor conference, both scheduled for next week, describing buoyant trading during the first 5 months of FY27. Total revenue was 12% higher on the back of occupancy that has improved from 57.8% to 60.2% and an average room rate increase of 9.5%. The group expects HEPS for the 6 months to end September 2026 to be at least 20% higher than the comparative period.
Click here to read the SENS