Hotel occupancy up 47% Q1

ZIMBABWE’s hotel occupancy rate increased to 47% in the first quarter of the year, with industry officials attributing the trend to government’s stance on the ease of doing business across all sectors.

In separate interviews with NewsDay, industry officials said government’s engagement with foreign investors had resulted in an increase in bookings.

“In the first quarter of 2018, the average hotel occupancy rate for Bulawayo rose from 29% to 44%.

This story is for NewsDay subscribers.