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NewsDay

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Victoria Falls Hotel lease remains intact: Owners

Business
“The Victoria Falls Hotel has not been disposed of. It remains the property of ERP, and the lease relationship with the Partnership remains intact,” the statement read.

OWNERS of Victoria Falls Hotel have refuted claims that the property had been sold, saying the hotel remained under the ownership of Emerged Railways Properties (ERP) and the lease agreement with Meikles and African Sun remained intact.

This comes as media speculations had raised concerns about the future of the hotel.

A statement published by ERP, Meikles Limited together with African Sun Limited, who are the lessees and operators of the hotel, highlighted no intention to dispose of the hotel by the parties.

Contrary to the widespread rumours, the partnership reassured stakeholders that the lease arrangement is secure and will continue for the foreseeable future.

“The Victoria Falls Hotel has not been disposed of. It remains the property of ERP, and the lease relationship with the Partnership remains intact,” the statement read.

“This is not just a business, it is a heritage property that embodies the history and culture of the region.

“We caution the public against relying on unofficial sources or speculative reports regarding The Victoria Falls Hotel or the partnership.”

The partnership underscored its dedication to ensuring the hotel’s historic status is upheld.

Built in 1904, Victoria Falls Hotel is one of southern Africa’s most cherished landmarks, known for its colonial era charm and unparalleled views of the Victoria Falls, a United Nations Educational, Scientific and Cultural Organization world heritage site.

Over the decades, it has attracted global tourists and dignitaries, contributing significantly to the local economy and the hospitality industry.

The statement also addressed the impact of misinformation, urging media outlets and the public to rely only on official communications for updates.

The partners reassured guests and stakeholders of their commitment to enhancing the hotel experience while preserving its legacy which includes maintaining the property as a key player in the region’s tourism industry and an integral part of Zimbabwe’s cultural and economic fabric.

With the lease intact and the partnership focused on growth, the partners say the property remained a shining example of luxury, heritage and resilience.

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