RAINBOW Tourism Group (RTG) says it is expanding its operations into the Southern African region, with its first foray being the acquisition and development of a property in Cape Town.The hotelier’s chief executive Tendai Madziwanyika said the expansion marks a significant step for the group as it seeks to diversify its revenue streams and capitalise…
RTG expands into the region
The group’s revenues increased by two percent to US$8,7 million, from US$8,5 million recorded in the first quarter of 2024 driven by an increase in conference volumes, particularly in city hotels, underscoring robust demand for meetings and events.