A total of $23 million dollars has been set aside for the construction of a 238-bedded five-star hotel in Victoria Falls which is expected to commence during the fourth quarter, an investment set to enhance the competitiveness of the destination.
An environmental impact assessment report on the multi-million-dollar hospitality property, The Mist Hotel is set to be finalised during the first two weeks of September to pave way for the construction of the five-star hotel in Zimbabwe’s tourism capital.
Environment Guardians Services Senior Consultant, Michael Montana said commendable progress has been made in coming up with the assessment report, adding that the investment project is set to improve the attractiveness of the destination.
“We are 90% is as far as the environmental impact assessment is concerned and we are here in Victoria Falls to engage the critical stakeholders,” he said.
The multi-million-dollar property will offer accommodation and conferencing services.
The investors have since expressed their long-term commitment to the Zimbabwean market and are confident of the positive prospects of the destination.
Source: $23 million hotel set for Vic Falls (23/08/19)