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.

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…

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