RTG completes US5,9mninvestmentintoNyangaproperties,eying2027US100mn revenue

RAINBOW Tourism Group (RTG) has completed a US5,9millioninvestmentintherefurbishmentandexpansionofitsEasternHighlandshospitalityassets,increasingitsNyangaaccommodationcapacityto190roomsasitpursuesanambitiousUS100 million annual revenue target by 2027.

The investment in Montclair Resort & Conference and Nyanga Town & Leisure Resort forms part of the group’s broader strategy to unlock additional revenue from its hospitality portfolio through capacity expansion, refurbishment and improved utilisation of existing properties.

The redevelopment increased Montclair’s accommodation capacity to 110 rooms, up from 85, while its conferencing capacity expanded from 200 to 730 delegates.

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