Business / Companies
US$650 000 facelift for Bulawayo Rainbow Hotel
16 Jun 2013 at 08:10hrs | Views
RAINBOW Tourism Group (RTG) plans a US$650 000 facelift of its hotel in Bulawayo, as the hospitality concern moves to renew its tourism products.
The group said in a statement, the revamp of the 172-roomed hotel, which had been earmarked for last year, is on-going and that US$300 000 had been injected into the project.
The money is coming from internally-generated resources.
The hospitality group recently said it would not use short-term loans for expansion after its previous borrowings hit the company hard through finance charges.
The short-term debt was extinguished after the group secured a long-term loan of US$10 million and raised US$4,5 million from existing shareholders.
RTG said the face-lift would result in the replacement of carpets in all corridors and conference rooms.
"The first floor carpet had been replaced with porcelain. The hotel has also received a new touch of colour to blend with the new carpets," said the group.
"The repainting exercise has since been conducted for the whole hotel for both the interior and exterior sides of the hotel. The hotel now has flat-screen television sets."
It said the "rest of the refurbishment will see the hotel having a new set of air-conditioning systems being installed in 140 rooms to replace the old system which was not environmentally friendly."
"Further works will be conducted in the conference rooms. The conference rooms are expected to be refreshed with modern conferencing equipment installed for that smooth flowing conference," RTG said.
RTG has so far completed refurbishment works at A'Zambezi River Lodge in Victoria Falls and Kadoma Rainbow Hotel and conference centre.
The group said in a statement, the revamp of the 172-roomed hotel, which had been earmarked for last year, is on-going and that US$300 000 had been injected into the project.
The money is coming from internally-generated resources.
The hospitality group recently said it would not use short-term loans for expansion after its previous borrowings hit the company hard through finance charges.
The short-term debt was extinguished after the group secured a long-term loan of US$10 million and raised US$4,5 million from existing shareholders.
RTG said the face-lift would result in the replacement of carpets in all corridors and conference rooms.
"The first floor carpet had been replaced with porcelain. The hotel has also received a new touch of colour to blend with the new carpets," said the group.
"The repainting exercise has since been conducted for the whole hotel for both the interior and exterior sides of the hotel. The hotel now has flat-screen television sets."
It said the "rest of the refurbishment will see the hotel having a new set of air-conditioning systems being installed in 140 rooms to replace the old system which was not environmentally friendly."
"Further works will be conducted in the conference rooms. The conference rooms are expected to be refreshed with modern conferencing equipment installed for that smooth flowing conference," RTG said.
RTG has so far completed refurbishment works at A'Zambezi River Lodge in Victoria Falls and Kadoma Rainbow Hotel and conference centre.
Source - The Standard