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.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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