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NewsDay

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RTG to spend $2,5m on refurbishment

News
RAINBOW Tourism Group plans to spend at least $2,5 million towards the refurbishment of its hotels portfolio as it gears for the United UNWTO General Assembly in Victoria Falls later this year.

RAINBOW Tourism Group (RTG) plans to spend at least $2,5 million towards the refurbishment of its hotels portfolio as it gears for the United Nations World Tourism Organisation (UNWTO) General Assembly in Victoria Falls later this year.

Business Reporter

The company said it will take advantage of the resurgence in tourism to spruce up its hotels.

RTG has in the recent past been refurbishing its properties including the A ‘Zambezi River Lodge in Victoria Falls.

The group is also continuing with the $7,5 million refurbishment of the Rainbow Towers Hotel and Conference Centre in Harare that commenced last year.

“This will see partial refurbishment of the Victoria Falls Rainbow Hotel which has already commenced, the Bulawayo Rainbow Hotel, Kadoma Hotel and Conference Centre and the New Ambassador Hotel,” the company said in emailed responses to NewsDay.

“RTG is now focusing on soft refurbishments and facelift projects for its Rainbow Hotels portfolio.”

“In Victoria Falls, the Victoria Falls Rainbow Hotel has already begun several refurbishment initiatives in preparation for the UNWTO conference in August.”

Under the “soft” refurbishment exercise being conducted at the Victoria Falls Rainbow Hotel, the group has replaced old air conditioners and repainted hotel rooms.

It has also bought plasma television sets while retiling has been conducted for the greater part of the hotel.

“RTG is optimistic that this investment in its product portfolio will realise positive returns for the group in future. “The Group is set to continue investing in new and upgraded products,” RTG said.

“Rainbow Tourism Group believes that having a quality product that competes with international brands and a service offering that is uniquely refreshing was the right foundation for its success.”

The hotel group said its growth path was now defined following the recent successful completion of a $4,5 million rights offer and a $10 million facility secured at the end of last year.