Hotels & Accommodation· Direct Investment Featured

Hotels & Accommodation

Victoria Falls, Matabeleland North

Victoria Falls hosts ~2,000 rooms (majority 3-star). International hotel brands and boutique operators can serve rising MICE, leisure and conference-delegate demand.

Hotels & Accommodation
Overview

Accommodation facilities in Victoria Falls City range from hotels, BnBs and lodges, with about 2,000 rooms in total — the majority in the 3-star category. Some hotels and lodges also provide conferencing facilities. Recent investments include the 200-bed Hilton-branded Victoria Falls Hotel expansion (US$62.56m) and the 73-bed Palm River Hotel (US$24.6m, opened December 2021).

Project Description

Victoria Falls needs more high-quality accommodation and hospitality facilities to cater to the growing number of conference delegates and leisure tourists. Investors could consider investing in new hotels, guesthouses, and other types of accommodation, as well as restaurants, bars, and other entertainment venues.

Investment Opportunity

Why this opportunity exists.

Zimbabwe offers tax breaks and duty-free imports to hospitality investors. With 1m+ annual arrivals against limited premium room supply, room-rate premiums and occupancy dynamics favour new upper-upscale and luxury products.

Infrastructure

World-class supporting infrastructure.

Airport Access
Victoria Falls International Airport handles wide-bodied aircraft with capacity for 1.5m+ passengers annually. 24 international flights weekly (Johannesburg 21, Namibia 3) plus daily Air Zimbabwe flights from Harare.
Road Network
All-weather road network linking Victoria Falls to Zimbabwe's major cities and to Zambia, Botswana and Namibia through nearby border posts.
Rail Access
Overnight passenger train from Bulawayo, Shongololo Safari train from South Africa, cross-border service to Livingstone and steam train excursions to Jafuta.
ICT
Broadband internet, three mobile networks and Telco fibre coverage across the city.
Utilities
Raw water abstracted from the Zambezi River — no water scarcity. National grid electricity with active investment in service upgrades.
Nearby Attractions
Victoria Falls (UNESCO World Heritage Site), Zambezi & Hwange National Parks, big-five wildlife, adventure activities and the 1,200ha Masuwe Special Economic Zone.
Why Invest

Strategic advantages.

01
1m+ annual visitors against ~2,000-room base — supply-constrained
02
Existing recent investments prove operator demand (Hilton, Palm River)
03
Duty-free imports and tax breaks for hospitality investors
04
SEZ overlay unlocks additional fiscal incentives
Expression of Interest

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