Piggs Peak Hotel and Casino posts US$76,717 quarterly profit
The hotel exceeded its income budget and attracted tourism business through trade engagements and the Eswatini Dual Bike Adventure.
Key takeaways:
- Piggs Peak Hotel and Casino posted a profit before tax of E1.261m (US$76,717) in the second quarter of 2026/27, reversing a E978,000 (US$59,500) loss in the previous quarter.
- Total income reached E10.093m (US$614,040) between July and September, 28 per cent above budget.
- Income for the first six months of the financial year stood at E17.010m (US$1.035m), with a year-to-date profit before tax of E282,000 (US$17,156).
- The property engaged 104 travel-trade representatives at the HOTAES Spotlight event and hosted 115 riders at the Eswatini Dual Bike Adventure.
Eswatini.- Eswatini’s state-owned Piggs Peak Hotel and Casino recorded a profit before tax of E1.261m (US$76,717) during the second quarter of the 2026/27 financial year, reversing a E978,000 (US$59,500) loss reported in the previous quarter.
The property generated total income of E10.093m (US$614,040) between July and September 2026, exceeding its budget of E7.873m (US$478,979) by 28 per cent, according to the Ministry of Tourism and Environmental Affairs’ second-quarter parliamentary portfolio report.
The latest results brought the property’s cumulative income for the first six months of the financial year to E17.010m (US$1.035m), while its year-to-date profit before tax reached E282,000 (US$17,156).
Piggs Peak Hotel and Casino operates as a government-owned casino property in Eswatini, combining gaming, accommodation, food and beverage services and other hospitality activities. However, the ministry did not provide a separate breakdown of income from gaming operations.
Alongside its gaming operations, Piggs Peak has been investing in its accommodation facilities and marketing activities to attract more visitors. During the second quarter, it completed the first phase of a bathroom refurbishment programme following feedback from tour operators that the condition of the facilities affected booking decisions.
During the period, Piggs Peak also participated in the Hospitality and Tourism Association of Eswatini (HOTAES) Spotlight trade event in Gauteng, where it engaged 104 travel-trade representatives. The ministry said the event enabled the hotel to showcase its latest developments, explore opportunities for inclusion in tourism itineraries and generate several follow-up enquiries. The hotel also hosted the Eswatini Dual Bike Adventure from August 27 to 30, attracting 115 riders who stayed at the property for three nights.
