Victoria Falls : African Sun Limited has announced the closure of Kingdom Hotel after 26 years in a messy fall out with the landlord First Capital Bank, Express Mail Zim can report.
The announcement was made by chief executive Peter Saungweme and he said the hotel will be closed for business with effect from January 5, 2023.
“Further to the formal announcement which African Sun Limited (African Sun) released to the market on 4 July 2022, we would like to inform you that the Kingdom at Victoria Falls Hotel (“the Hotel”) shall be closing for business with effect from 5 January 2023.
“We would like to thank you for your past business and support over the years and look forward to continuing working with you at our other ten hotels, which include the Victoria Falls Hotel and Elephant Hills Resort and Conference Centre which are also situated in the city of Victoria Falls,” he said.
Africa Sun chairman Emmanuel Fundira said he suspects a third force in the messy break up.
“We see that there was really another hand into this,” he said.
He also argued that the group needed at least a decade of operation to recoup over US$6 million investment poured in the hotel .
The hotel modelled in the shape of Great Zimbabwe ruins, was a favourite of many and housed the popular Wild Thang night club which was magnetic to tourists.
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