The Zimbabwe-based hospitality group recorded gains across key performance indicators, with occupancy rising to 51%, up from 48% in the same period last year. Revenue per available room (RevPAR) also climbed sharply by 19%, increasing from US$48 to US$57, reflecting stronger demand across its property portfolio.
RTG attributed the improved performance to increased activity in food and beverage services at city hotels, alongside sustained demand at its resort destinations. The group also noted a 21% rise in foreign currency revenue, with resort properties delivering a particularly strong 40% increase in revenue during the quarter.
Despite ongoing global headwinds affecting travel—such as elevated fuel prices and intermittent flight disruptions linked to geopolitical tensions in the Middle East—the company said the operating environment remained relatively stable. It credited Zimbabwe’s relatively steady macroeconomic conditions, including a stable Zimbabwe Gold (ZiG) exchange rate and inflation levels below 1%, for helping support business continuity.
A key highlight of the period was the continued recovery of tourism activity in Victoria Falls, a flagship destination for Zimbabwe’s international tourism sector. RTG said the location continues to benefit from the gradual rebound in global travel demand, contributing significantly to its foreign currency earnings.
The group’s tour operations arm, Heritage Expeditions Africa (HExA), also posted strong results, with revenue rising 36%. Growth was driven in part by the integration of Batoka Safaris, acquired in July 2025, as well as increasing demand for curated tourism experiences across the country.
RTG said experiential tourism products are expected to remain a key growth driver for the remainder of the year, as travellers increasingly seek immersive travel experiences rather than traditional package tours.
On the infrastructure side, the company completed refurbishment works on the remaining 44 rooms at A’Zambezi River Lodge, part of its broader strategy to enhance guest experience and competitiveness. It is also preparing to launch a US$1.8 million refurbishment programme at Montclair Resort and Conference Centre in the Eastern Highlands.
Looking ahead, RTG expressed optimism about sustained momentum in the sector, citing continued recovery in international arrivals—particularly in Victoria Falls—rising demand from conferencing and events tourism, and expected efficiency gains from ongoing cost-control measures.
