Victoria Falls hub in Zambia seeks hotel investors

Could Livingstone, Zambia attract new hotel investors? Zambia's deputy tourism minister Patrick Ngoma has put out a call for developers to invest in the area, which sees reliable traffic from people visiting Victoria Falls

Speaking at the recent opening of the $800,000 Chinese-owned Warm Harbor Hotel, Ngoma noted that the destination has not yet reached "acceptable levels of quality investments" in the hospitality sector, the Post Zambia is reporting. Livingstone district commissioner Omar Munsanje said that the area needs more accommodation options as a growing hub of both business and leisure travel.  

The surrounding areas of Livingstone already has several three- and four-star properties, including a Protea hotel by Marriott.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Warm Harbor Hotel manager Zichau Niu is already looking to invest in other sub-sectors of the tourism industry. 

 

Suggested Articles

Hotel investment in Spain and Portugal has not yet reached its peak, with the appetite for urban hotels expected to grow this year.

Meliá Hotels International's Gabriel Escarrer discusses the group's work to become more environmentally friendly.

The recent spate of deals involving resorts has drawn investors to the sector, with groups such as Blackstone looking to build platforms.