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Chobe revenues surge on higher bednight sales

Rebound: The tourism industry appears to have fully recovered from the 2015 slump
Rebound: The tourism industry appears to have fully recovered from the 2015 slump

Botswana Stock Exchange-listed Chobe Holdings Limited has reported a surge in both revenue and profit, as the tourism hospitality group got a boost from higher bednight sales.

The group, which owns and operates eleven eco-tourism lodges and camps on leased land in Botswana and Namibia, said its revenue for the half-year to August 31, 2017 was P176.4 million.

That was an 11% increase from P158.6 million in the corresponding period last year.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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