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Rainbow Tourism Group Limited (Zimbabwe)

Main Activities: Hotels (except Casino Hotels) and Motels
Secondary Activities: Tour Operators
Full name: Rainbow Tourism Group Limited Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Rainbow Tourism Group Limited (RTG) is a Zimbabwe-based company. RTG operates under four brands: Rainbow Mercure Hotels, The Rainbow Towers, Touch The Wild Lodges and Tourism Services Zimbabwe (TSZ). The Rainbow Mercure division has 3 to 4 star business and leisure hotels, as well as the 4,500-seater Harare International Conference Centre. Other hotels include New Ambassador Hotel, Kadoma Hotel & COnference Centre and Bulawayo Rainbow Hotel. Touch The Wild Zimbabwe is a safari company offering a portfolio of safari camps, lodges and activities. Touch The Wild operates four lodges: Lodge At The Ancient City, Matobo HIlls Lodge, Sikumi Tree Lodge and Sable Valley Lodge. The Rainbow Towers is a five star hotel located in Harare. The Rainbow Towers has a Towers Floor that offers facilities, including private check-in and express check-out, lounge/bar with complimentary breakfast and Internet services, among other things. TSZ is an inbound tour operator with operations throughout Zimbabwe.

Headquarters
Rainbow Towers Hotel Conference Centre, No.1 Pennefather Avenue
Harare; Harare;

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Website: http://www.rtgafrica.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1991
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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91.6%
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3.34%
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0.05%
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0.03%
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0.01%
Subsidiaries
Rainbow Hotel Mozambique Lda (Mozambique)
100%
Rainbow Tourism Group (South Africa) Limited (Proprietary) (South Africa)
100%
Rainbow Tourism Group (Zambia) Limited (Zambia)
100%
Company Performance
Financial values in the chart are available after Rainbow Tourism Group Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZWL. Absolute financial data is included in the purchased report.
Net sales revenue
819.77%
Total operating revenue
904.63%
Operating profit (EBIT)
217.22%
EBITDA
322.59%
Net Profit (Loss) for the Period
2335.2%
Total assets
571.11%
Total equity
856.05%
Operating Profit Margin (ROS)
-3.61%
Net Profit Margin
3.57%
Return on Equity (ROE)
2.93%
Debt to Equity Ratio
1.5%
Quick Ratio
0.22%
Cash Ratio
0.19%

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