The Markets Ledger

RTG bets on hotel upgrades to drive H2 growth

Rainbow Tourism Group (RTG) says an aggressive refurbishment and expansion programme across its hotel portfolio will underpin growth in the second half of 2026, as the hospitality group positions itself to capitalise on rising tourist arrivals and stronger conferencing demand.

RTG in US$2 million hotel upgrade

Rainbow Tourism Group (RTG) has invested US$2 million in the refurbishment of Montclair Resort & Conference Hotel in Nyanga, a move aimed at improving guest experience and strengthening tourism infrastructure in Zimbabwe’s Eastern Highlands.

RTG weathers liquidity storm, posts $50m revenue

The hospitality group posted a 13 percent increase in revenue to US$50.3 million during the period under review, up from US$44.4 million recorded prior year, driven by improved occupancy, higher room rates and a surge in foreign currency earnings.