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*FULL TEXT: Meikles Hotel Sold To Dubai’s Albwardy Investments* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?yn Meikles Hotel has been sold to Dubai’s Albwardy Investments for US$20 million. The new owners take control on March 1. The five-star hotel which has 312 rooms in 2 luxurious multi-storey wings is located in the central business district of Harare, Zimbabwe. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- The Dubai based, Albwardy Investments which operates hotel brands such as the Hyatt and Four Seasons will take over both the hotel premise and management through its special purpose vehicle Choicebrands which is incorporated in Zimbabwe. The Competition and Tariff Commission (CTC) approved the sale of Zimbabwe’s renowned five-star hotel, Meikles Hotel in June last year saying that the merger will not lead to the acquisition of market power and the removal of an efficient competitor. _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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