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Zimbali hotel in business rescue

Zimbali hotel in business rescue

Zimbali Hotel goes into business rescue The Fairmont Zimbali Resort has been placed in business rescue.Its Kuwait-based owner, IFA Hotels & Resorts, first invested in the hotel in 2003.SA hotels have been hit hard by the extended lockdown. Last month, the US hotel...

How will hotels turn profitable again?

A must read article for all hoteliers and hospitality industry leaders from www.ehotelier.com The onset of COVID-19 is the mega crisis of our lifetime. For the hospitality sector, it is an Armageddon event threatening to wipe out the good, the bad and the ugly without...