Conferencing business buoys RTG’s revenue

RAINBOW Tourism Group (RTG) says business volumes increased significantly in the half year ended June 30, 2022 driven by a strong performance from conferencing activities.
The recovery in the conferencing business comes as the slowdown in Covid-19 cases over the first half of the year has resulted in heightened economic activity across all sectors including the tourism industry.
The hotelier’s chairman, Douglas Hoto, said hotel occupancy for the period under review closed out at 48 percent, a 100 percent increase compared to the same period last year.

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Douglas Hoto, FMHL chief executive and Douglas Hoto

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