Private investor injects P4m into UB hotel revival
Staff Writer | Wednesday March 4, 2026 08:40
The agreement, signed on Friday, paves the way for the full refurbishment and operational revival of the facility, which has remained dormant for eight years. University authorities say the development marks a significant milestone in unlocking the commercial and academic value of one of its key hospitality assets.
The hotel boasts a capacity of 80 rooms, 15 conference and meeting rooms of varying sizes, as well as a restaurant and bar area. Once fully operational, it is expected to enhance Gaborone’s conferencing capacity whilst positioning itself as a competitive player in the local hospitality market.
Speaking at the signing ceremony, Deputy Vice Chancellor Dawid Katze described the agreement as a turning point for the university. “For eight years, the facility stood dormant, a visible reminder of its unrealised potential. This signing ceremony is not merely about concluding a lease agreement. It is about restoring value, unlocking opportunity and elevating the University of Botswana’s hospitality asset to international standards,” he said.
Katze explained that the private sector has committed approximately P4 million towards the full reinstatement and restoration of the facility to ensure statutory compliance and operational readiness. He emphasised that the arrangement allows the university to reactivate the asset without deploying upfront capital.
“Importantly, this ensures the asset is reactivated without requiring the university to deploy upfront capital,” he said.
The revived hotel is expected to create at least 100 direct jobs, with additional opportunities anticipated for suppliers and service providers within the broader hospitality ecosystem. University officials noted that the project is aligned with national efforts to stimulate economic activity and support private sector participation in infrastructure development.
Beyond its commercial role, the facility will also serve as a structured training platform for tourism and hospitality students. Once operational, students are expected to gain practical exposure to real-world hospitality management systems, quality standards, and service excellence practices under experienced industry professionals.
Sky Clouds (Pty) Ltd Managing Director Bruce Nkgakile reaffirmed the company’s commitment to restoring the hotel to international standards. He said the investment reflects confidence in the property’s potential and its ability to contribute meaningfully to employment creation and the growth of Botswana’s hospitality industry.