Headquarters South Africa Founded 11 July 1967 | Founder Sol Kerzner | |
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Stock price SUI (JSE) 7,620.00 ZAC -200.00 (-2.56%)31 Mar, 10:35 AM GMT+2 - Disclaimer CEO Graeme Edward Stephens (1 Feb 2013–) Subsidiaries Sun International (South Africa) Limited | ||
Sun International is a resort hotel chain and casino destination from South Africa created by Sol Kerzner, probably best known for its Sun City Resort near Rustenburg in the North West Province.
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History
Sun International traces its roots back to 1969, when the Southern Sun Hotel Company was created when South African Breweries and Sol Kerzner joined forces.
In 1983, South African Breweries splits its hotel interests into two. Sun International, headed by Sol Kerzner, retained all of the casino hotels located in the areas that South Africa had designated as "independent homelands" and had Southern Sun as a 20% stakeholder. Southern Sun retained the company's other hotels in South Africa.
After the end of Apartheid in South Africa in the early 1990s, the so-called homelands were re-integrated into the new South Africa. Southern Sun developed its own gaming resorts and began to compete increasingly with Sun International. In 2000, Southern Sun sold its stake in Sun International to Kersaf.
Properties
Today, the Sun International brand operations include resorts, luxury hotel products, and casinos, across 27 destinations in 8 countries.
The various Sun International destinations host events – from music concerts to sporting events and functions. The Sun City Resort hosts the Miss South Africa pageant and the Nedbank Golf Challenge.