Categories: Stories

Tourism to Victoria Falls growing says leading hotel group

Meikles, which operates two of the best hotels in Zimbabwe- Meikles Hotel in Harare and Victoria Falls hotel in the resort town of the same name, says tourist arrivals to Zimbabwe’s best tourism resort continues to grow and bookings for the next six months are very encouraging.

In a statement for investors yesterday, Meikles, which is also listed in London, said occupancy levels at Victoria Falls Hotel stood at 55 percent in the three months to the end of June compared to 45 percent during the same period last year.

Revenue per available room (Revpar) increased by a whopping 42 percent.

Things did not go so well for Meikles Hotel, one of the leading hotels of the world. Occupancies were down from 37 percent to 34 percent and revenue per room declined by 9 percent.

But the hotel group added: “This is a business focussed hotel and forward bookings for both conferences and the business traveller segments are very positive.”

Zimbabwe is under United States sanctions and has been subject to travel bans in the past. Tourism was one of the biggest foreign currency earners before sanctions were slapped on the county.

(35 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024