Chobe profits soar on higher tourists arrivals

Wednesday, May 31, 2017

Tourists arrivals increased in the past year

Chobe Holdings Limited has recorded a 14% increase in their profit after tax to P64 million compared to the P56 million that was recorded in the previous year, according to the group’s financial results for the year ended February 28, 2017.

The group attributed this to higher tourist arrivals as efforts by the Ministry of Environment, Natural Resources Conservation and Tourism, through Botswana Tourism Organisation (BTO) continues to internationally expose Botswana as a destination of choice.

“These efforts are anticipated to result in more tourists visiting our country in general and the group’s lodges in particular,” said the group’s CEO Jonathan Gibson.

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Chobe profits soar on higher tourists arrivals

Chobe Holdings Limited has recorded a 14% increase in their profit after tax to P64 million compared to the P56 million that was recorded in the previous year, according to the group’s financial results for the year ended February 28, 2017.

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