Tourism
Blantyre Hotels advances plans to construct four star hotel in Lilongwe
April 01, 2021 / Nelson Gonjani
Tourism Group, Blantyre Hotels, says it is advancing with preparations to construct a five star hotel in Lilongwe to be called Lilongwe Ryalls Hotel.
The Group says in a financial statement for the year ended September 2020 that it will own the Lilongwe Ryalls Hotel through its subsidiary Oasis Hospitality Limited.
The hotel is to be on a piece of land which is part of the land owned by the Lilongwe Golf Club.
“During the year, the freehold land was acquired from Lilongwe Golf Club at a consideration of K2.1 billion,” reads the statement.
Blantyre Hotels registered a loss a loss of K454 million after tax in the financial year as compared to previous year’s profit of K467million representing a decrease of 197%.
The hotel group says in the statement the coronavirus (Covid-19) pandemic posed a challenge to the operating environment and its impact might be for a longer period than anticipated.
The total revenue for the group amounted to K2,077 billion which was 49% for the year 2019 of K4,066 billion.
“The drop in revenue was due to the impact of the Covid -19 pandemic which had an adverse effect in the hospitality industry worldwide. Ryalls Hotel, occupancy levels were at 30% compared to 61% achieved for the same period last year,’’ says the Group.
It, however, says business has remained resilient as the Group has continued to focus on the safety of its guests and associates to improve the guest experience and service delivery.’’
‘’The board is confident that business will return to normal once the Covid -19 is contained through effective administration of vaccines which has commenced,’’ it says.
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The establishment of a stable and self-sustaining ecosystem, but not necessarily the one that existed before mining began. In many cases, complete restoration may be impossible, but successful remediation, reclamation, and rehabilitation can result in the timely establishment of a functional ecosystem.
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The cleanup of the contaminated area to safe levels by removing or isolating contaminants. At mine sites, remediation often consists of isolating contaminated material in pre-existing tailings storage facilities, capping tailings and waste rock stockpiles with clean topsoil, and collecting and treating any contaminated mine water if necessary.
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