ZIMBABWE Stock Exchange-listed hoteliers Rainbow Tourism Group (RTG) and African Sun are targeting soft infrastructure and major hotel refurbishment investments this year, in a bid to reap rewards from the tourism sector rebound.
The hoteliers’ capital expenditure projects coincide with the resumption and increase in international flights into the country, particularly those plying the Victoria Falls route.
Advertisements
Notably, German airline Eurowings Discover recently made its maiden flight to Victoria Falls from Frankfurt, while Fastjet launched a direct flight from the resort city to Kruger, Mpumalanga (South A
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased