Chobe’s rebound exceeds pre-COVID levels :: Mmegi Online

Travel and tourism group, Chobe Holdings’ share price has risen by about 88% percent this year, the best performance on the Botswana Stock Exchange. Profits and occupancies have also risen by double digits in the half year. Group MD, Lempheditse “MC” Odumetse speaks to Staff Writer, MBONGENI MGUNI on the factors behind the numbers

Established 40 years ago, Chobe Holdings Limited operates two famous safari brands, Desert & Delta Safaris and Ker & Downey Botswana, as well as providing safari services through its tour operator The Booking Company and integrated air charter operator Safari Air. The iconic lodges and camps spread throughout the tourism heartland in the northwest under the Chobe group include Chobe Game Lodge, Chobe Savanna Lodge, Savute Safari Lodge, Camp Moremi as well as Dinaka, Footsteps, Kanana, Shinde and others.

In 2019 Chobe purchased the Sedia Riverside Hotel in Maun and is currently renovating the hotel to achieve a three star-grading. The group is also involved in the diversification of northern Botswana’s rural economy through its shareholding in Chobe Farms and Chobe Bream.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.