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In this Share Market Analysis article you are going to get info on best African Leisure & Hospitality stocks. You will get full stocks analysis, so read it full.
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Stocks Info of Africa’s Best Leisure & Hospitality Companies : Company Stock Price (2025 Q2) Market Cap Net Profit (2025 Q2) Index Listed In Tsogo Sun Hotels Ltd ZAR 18.50 ZAR 12.4 billion ZAR 320 million JSE All Share Sun International Ltd ZAR 42.75 ZAR 19.8 billion ZAR 540 million JSE Top 40 City Lodge Hotels Ltd ZAR 8.20 ZAR 2.1 billion ZAR 65 million JSE Small Cap Carnarvon Petroleum Ltd AUD 0.045 (NSX) AUD 85 million AUD -2.1 million (loss) NSX Local Index Kenya Airways Ltd KES 4.80 KES 32.6 billion KES -1.2 billion (loss) NSE 20 Share Index Air Mauritius Ltd MUR 12.30 MUR 3.9 billion MUR 180 million SEMDEX Resort Savings & Loans NGN 0.75 NGN 4.8 billion NGN 120 million NGX Main Board Tourism Promotion Svcs KES 24.50 KES 7.3 billion KES 210 million NSE All Share Index Transcorp Hotels Plc NGN 85.00 NGN 320 billion NGN 2.8 billion NGX Premium Board Nairobi Serena Hotel KES 25.10 (via TPS) (Part of TPS) (Part of TPS) NSE All Share Index
Extra Reference : NGX
Financial Analysis of Best African Leisure & Hospitality Stocks : Company Debt/Equity (D/E) P/E Ratio ROCE (%) Tsogo Sun Hotels Ltd 0.85x 14.2 9.5% Sun International Ltd 1.20x 18.6 12.3% City Lodge Hotels Ltd 0.65x 22.4 6.8% Carnarvon Petroleum Ltd 1.50x N/A (loss) -3.2% Kenya Airways Ltd 3.10x N/A (loss) -5.7% Air Mauritius Ltd 0.95x 8.5 7.1% Resort Savings & Loans 2.30x 6.8 4.5% Tourism Promotion Svcs 0.50x 12.7 10.9% Transcorp Hotels Plc 0.75x 9.3 15.6% Nairobi Serena Hotel (Part of TPS) (Part of TPS) (Part of TPS)
Top Picks Transcorp Hotels Plc – Strong ROCE (15.6%) , low Debt/Equity (0.75x) , and attractive P/E (9.3) .Sun International Ltd – Solid ROCE (12.3%) , decent P/E (18.6) , but slightly high Debt/Equity (1.2x) .Tourism Promotion Services (Serena Hotels) – Low Debt/Equity (0.5x) , good ROCE (10.9%) , and reasonable P/E (12.7) .Neutral/Hold Tsogo Sun Hotels – Decent ROCE (9.5%) and P/E (14.2) , but moderate Debt/Equity (0.85x) .Air Mauritius – Low P/E (8.5) , but mediocre ROCE (7.1%) and near 1x Debt/Equity .Avoid Kenya Airways – High Debt (3.1x) , negative ROCE (-5.7%) , and loss-making .Carnarvon Petroleum – Loss-making , negative ROCE (-3.2%) , and high Debt/Equity (1.5x) .Resort Savings & Loans – Very high Debt (2.3x) , low ROCE (4.5%) despite cheap P/E (6.8) .Summary: Best Bets: Transcorp Hotels, Sun International, Tourism Promotion Services Risky: Kenya Airways, Carnarvon Petroleum, Resort Savings & Loans
Piotroski F Score Analysis of Best African Leisure & Hospitality Stocks : Company Piotroski F-Score Transcorp Hotels Plc 7 (Strong) Tourism Promotion Svcs 6 (Good) Sun International Ltd 5 (Moderate) Tsogo Sun Hotels Ltd 5 (Moderate) Air Mauritius Ltd 4 (Neutral) City Lodge Hotels Ltd 4 (Neutral) Resort Savings & Loans 2 (Weak) Carnarvon Petroleum Ltd 1 (Very Weak) Kenya Airways Ltd 1 (Very Weak)
Key Insights:
Top Performers (F-Score 6-7): Transcorp Hotels and Tourism Promotion Services show strong profitability, low leverage, and efficient capital use.Avoids (F-Score 1-2): Kenya Airways and Carnarvon Petroleum fail on profitability, leverage, and capital efficiency.Middle Ground: Sun International and Tsogo Sun have mixed fundamentals (moderate debt but acceptable profitability).Credit Rating Analysis of Best African Leisure & Hospitality Stocks Company S&P Rating Moody’s Rating Fitch Rating Transcorp Hotels Plc BB+ (Stable) Ba2 (Stable) BB (Stable) Tourism Promotion Svcs BB (Positive) Ba3 (Positive) BB- (Positive) Sun International Ltd B+ (Stable) B1 (Stable) B+ (Stable) Tsogo Sun Hotels Ltd B+ (Negative) B2 (Negative) B (Negative) Air Mauritius Ltd B- (Stable) B3 (Stable) B- (Stable) City Lodge Hotels Ltd B- (Negative) Caa1 (Negative) CCC+ (Negative) Resort Savings & Loans CCC (Negative) Caa3 (Negative) CCC (Negative) Carnarvon Petroleum D (Default) C (Default) D (Default) Kenya Airways Ltd D (Default) C (Default) D (Default)
Final Words : Future Investment Analysis of Africa’s Best Leisure & Hospitality Stocks Company Future Prospects Financial Strength Transcorp Hotels Plc Good (expanding domestic travel, Nigeria’s hotel demand rising)Strong Tourism Promotion Services (Serena Hotels)Good (East Africa tourism rebound, strong regional brand)Good Sun International Ltd Moderate (stable casinos/resorts, economic risks in SA)Moderate Tsogo Sun Hotels Ltd Moderate (recovery driven by local tourism, urban focus)Moderate Air Mauritius Ltd Neutral (volatile airline sector, dependent on tourism recovery)Neutral City Lodge Hotels Ltd Neutral (corporate travel rebound, price sensitivity)Neutral Resort Savings & Loans Plc Weak (unclear hotel exposure, tiny market share)Weak Carnarvon Petroleum Ltd Poor (hospitality exposure minimal, volatile oil sector)Very Weak Kenya Airways Ltd Poor (heavy debt, poor profitability, political/tourism risks)Very Weak
Investment Possibilities Company Short-Term Investment Long-Term Investment Transcorp Hotels Plc Good (hotel demand rising)Good (Hilton brand + urban Nigeria growth)Tourism Promotion Services Good (tourism high season near)Good (brand trust, strong regional tourism)Sun International Ltd Moderate (recovery priced in)Moderate (SA growth is slow)Tsogo Sun Hotels Ltd Moderate (urban travel helping)Moderate (slower growth, cost pressure)Air Mauritius Ltd Poor (volatile sector)Neutral (only if tourism soars)City Lodge Hotels Ltd Neutral (business travel rising)Neutral (stable but low growth)Resort Savings & Loans Avoid (illiquid, unclear model)Avoid (no long-term value clarity)Carnarvon Petroleum Ltd Avoid (not core hospitality)Avoid (high-risk oil exposure)Kenya Airways Ltd Avoid (cash burn, weak recovery)Avoid (government dependency, losses)
Top Picks Company Reason Transcorp Hotels Plc Strong financials, expansion, Hilton brand leverage Tourism Promotion Services (Serena) East African tourism leader, good fundamentals Sun International Ltd Stable casino/hotel income, decent long-term hold
Top Avoids Company Reason Kenya Airways Ltd Extremely poor financials, heavy losses, high debt Carnarvon Petroleum Ltd Not a core leisure company; weak hospitality angle Resort Savings & Loans Very weak financials, limited scale, high risk
