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
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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